ISLAMABAD – The Pakistani government has surrendered the quota of Hajj pilgrimage to Saudi Arab owing to a shortfall of applications amid rising inflation and shortage of dollar.
Reports said it is happening for the first time that the quota allocated to Pakistan is still available as the financial crunches have made it difficult for people to perform religious rituals.
The Ministry of Religious Affairs took the decision after getting approval from the federal cabinet as the move will $24 million for the cash-strapped country.
The kingdom had allocated the quota of 179,000 pilgrims to Pakistan for the first since Covid affected the Hajj operation. A quota of 89,605 Hajj pilgrims had been set under the government scheme while the remaining was given to the private sector.
However, Pakistan could not complete the quota under the government scheme as there was shortfall of 8,000 applications. Now the extra quota has been returned to the kingdom to avoid additional expenses.
It may be recalled. that the expense of government sponsored Hajj is around Rs1.2 million.
Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.
Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.
UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 277.2 | 280.3 |
Euro | EUR | 293 | 296 |
UK Pound Sterling | GBP | 342.25 | 345.65 |
U.A.E Dirham | AED | 75.25 | 75.95 |
Saudi Riyal | SAR | 73.3 | 74.05 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 739.63 | 747.63 |
Canadian Dollar | CAD | 201 | 203 |
China Yuan | CNY | 38.45 | 38.85 |
Danish Krone | DKK | 40.45 | 40.85 |
Hong Kong Dollar | HKD | 35.57 | 35.92 |
Indian Rupee | INR | 3.32 | 3.43 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 902.26 | 912.91 |
Malaysian Ringgit | MYR | 58.24 | 59.52 |
New Zealand Dollar | NZD | 164.75 | 169.63 |
Norwegians Krone | NOK | 25.42 | 25.68 |
Omani Riyal | OMR | 722.1 | 730.1 |
Qatari Riyal | QAR | 76.37 | 77.05 |
Singapore Dollar | SGD | 206 | 208 |
Swedish Korona | SEK | 25.72 | 26.02 |
Swiss Franc | CHF | 307.11 | 309.61 |
Thai Bhat | THB | 7.56 | 7.76 |
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