ISLAMABAD – President Dr Arif Alvi on Wednesday wrote a letter to the Election Commission of Pakistan (ECP) to announce the elections date of Khyber Pakhtunkhwa and Punjab at the earliest.
In his letter, President Alvi gives a reminder to country’s top electoral watchdog to announce the date for elections for two local legislatures, urging the commission to end dangerous speculative propaganda.
He mentioned that the election of the assembly is to be held within 90 days of the dissolution citing Article 224(2) of the Constitution, and said the conduct and holding of elections was the primary and essential duty of the tribunal.
The ECP will be held responsible and answerable for the violation of the Constitution if it failed to discharge its functions and duties. Alvi, a key leader of the Pakistan Tehreek-e-Insaf (PTI), added that he was under oath to preserve, protect and defend the Constitution being the head of the state.
President Dr. Arif Alvi, in a letter to the Chief Election Commissioner (CEC), has asked the Election Commission of Pakistan (ECP) to immediately announce the date of elections for provincial assemblies as per Elections Act, 2017 by issuing the election schedule— The President of Pakistan (@PresOfPakistan) February 8, 2023
Alvi related delay or postponement of elections with serious long-term set-backs to democracy.
President approached ECP, days after several members of the PDM alliance insisted that Pakistan could not afford different elections.
Pakistani rupee witnessed upward trajectort against US dollar and other currencies amid positive economic cues.
On Wednesday, the US dollar moved down and was being quoted at 283.7 for buying and 286.75 for selling.
Euro remained stable at 309 for buying and 312 for selling. British Pound rate increased to 361 for buying, and 364 for selling.
UAE Dirham AED dropped to 77.6 whereas the Saudi Riyal rate stands at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||361||364|
|Hong Kong Dollar||HKD||36.49||36.84|
|New Zealand Dollar||NZD||175.89||177.89|
KARACHI – Gold prices in the local market continue to decline in line with the international market.
On Wednesday, the price of a single tola of 24-karat gold stands at Rs219,400 and 10 grams of 24k gold costs Rs188,100.
Each tola for 24 karat is Rs216,700, 22 Karat is Rs198,640, and 21 karat rate per tola is Rs189,613 and 18k gold rate is Rs162,525.00 for single tola.
In the global market, the precious metal moved down, and hovers around $2023 per ounce after drop of around $10.
|Lahore||PKR 219,400||PKR 2,625|
|Karachi||PKR 219,400||PKR 2,625|
|Islamabad||PKR 219,400||PKR 2,625|
|Peshawar||PKR 219,400||PKR 2,625|
|Quetta||PKR 219,400||PKR 2,625|
|Sialkot||PKR 219,400||PKR 2,625|
|Attock||PKR 219,400||PKR 2,625|
|Gujranwala||PKR 219,400||PKR 2,625|
|Jehlum||PKR 219,400||PKR 2,625|
|Multan||PKR 219,400||PKR 2,625|
|Bahawalpur||PKR 219,400||PKR 2,625|
|Gujrat||PKR 219,400||PKR 2,625|
|Nawabshah||PKR 219,400||PKR 2,625|
|Chakwal||PKR 219,400||PKR 2,625|
|Hyderabad||PKR 219,400||PKR 2,625|
|Nowshehra||PKR 219,400||PKR 2,625|
|Sargodha||PKR 219,400||PKR 2,625|
|Faisalabad||PKR 219,400||PKR 2,625|
|Mirpur||PKR 219,400||PKR 2,625|