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PM Shehbaz convenes cabinet meeting to discuss Punjab elections, SC bill

11:20 AM | 9 Apr, 2023
PM Shehbaz convenes cabinet meeting to discuss Punjab elections, SC bill
Source: File photo

ISLAMABAD: Prime Minister Shehbaz Sharif called for an emergency cabinet meeting to discuss the issue of Punjab elections, amidst the coalition government's persistent disregard for the Supreme Court's ruling.

The meeting will be held at 2pm in Lahore, with the premier chairing the meeting and most members participating through a video link. The meeting will cover topics such as the release of funds for the elections, President Arif Alvi's decision to return the Supreme Court (Practice and Procedure) Bill 2023, and the legal disputes surrounding the election.

In a press conference on Saturday, Finance Minister Ishaq Dar expressed doubt about the possibility of holding elections within the next 90 days. He mentioned that the court had ruled that the federal government should release Rs21 billion to the Election Commission of Pakistan (ECP) Punjab chapter.

President Arif Alvi returned the Supreme Court bill, which aimed to restrict the powers of the Chief Justice of Pakistan, for revision under Article 75 of the Constitution. The bill had been approved by both houses of parliament, but the president deemed it beyond the jurisdiction of parliament and susceptible to being challenged in court for being "colorable legislation."

Replying to President’ refusal, Prime Minister Shehbaz Sharif criticised President Arif Alvi for rejecting the Supreme Court (Practice and Procedure) Bill, 2023, and accused him of being a Pakistan Tehreek-e-Insaf (PTI) supporter.

The bill aims to limit the powers of the chief justice, which includes the ability to initiate legal proceedings and form benches. The PTI has expressed opposition to the legislation, calling it an attack on the judiciary.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 4 March 2024

Pakistani rupee remains stable against US dollar in the open market on March 4, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.3 for buying and 282.45 for selling.

Euro currently stands at 302.5 for buying and 305.5 for selling while British Pound rate stands at 354 for buying, and 359 for selling.

UAE Dirham AED hovers at 76.3 whereas the Saudi Riyal saw slight increase, with new rates at 74.5.

Today’s currency exchange rates in Pakistan - 4 March 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.3 282.45
Euro EUR 302.5 305.5
UK Pound Sterling GBP 354 359
U.A.E Dirham AED 76.3 77
Saudi Riyal SAR 74.5 75.3
Australian Dollar AUD 181 183
Bahrain Dinar BHD 737.97 745.97
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.23 40.63
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 901.62 910.62
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 168.97 170.97
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89

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