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Australia announces $19m aid package for Pakistan

09:17 PM | 7 May, 2015
Australia announces $19m aid package for Pakistan
ISLAMABAD (Web Desk) – Australia has announced a $19 million aid package for Pakistan, media reports said Thursday, citing Foreign Minister Julie Bishop, who touched down in Islamabad on Wednesday for a two-day visit to the country.

The $19 aid includes $8 million to help restore infrastructure damaged by floods and conflict in the northwest and southwest regions, and $8 million to support a trade initiative in partnership with the World Bank.

Bishop said the two countries "have common interests in countering transnational crimes including drug - and human-smuggling".

She said she would encourage Australian tourism to Pakistan, observing, "People-to-people links are important. Of course we want to see Pakistan as a safe and secure environment so that you can engage international visitors."

A statement released by Pakistan’s Foreign Office earlier said: "Pakistan and Australia will explore the possibilities of further strengthening the existing ties -- especially in trade, investment, agriculture, education, sports and defence. "There will be renewed focus on elevating economic engagement and boosting bilateral trade."

Bishop held official talks with the Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz on Wednesday at the Foreign Office.

The visit came nearly two months after Pakistan and Australia agreed to enhance cooperation in defence and security, including military training.

Bishop was also scheduled to meet Prime Minister Nawaz Sharif and Chief of Army Staff (COAS) Gen Raheel Sharif.

“My visit and meeting with Pakistani leaders is aimed at discussing the growing strength of our bilateral partnership and important regional and international issues,” Bishop said on her arrival.

Bishop also delivered a speech on women empowerment and gender equality issues in order to highlight the support of the Australian government to Pakistan in this regard. Her speech would have the audience of senior government officials and lawmakers.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
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 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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