Opposition boycotts Parliament until PM Nawaz comes clean on his assets in house

09:01 AM | 10 May, 2016
Opposition boycotts Parliament until PM Nawaz comes clean on his assets in house
ISLAMABAD (Staff Report) - Opposition parties in the National Assembly and the Senate have announced that they will boycott parliamentary proceedings unless Prime Minister Nawaz Sharif briefs both houses about his family's properties and offshore assets.

While participating in debate on the issue of Panama Papers, Leader of the Opposition in the NA, Syed Khurshid Ahmad Shah and Opposition Leader in the Senate, Chaudhry Aitzaz Ahsan both called on Prime Minister Nawaz Sharif to take Parliament into confidence on the issue.

They added that the opposition believes in democracy and the supremacy of the Parliament.

Khursheed Shah claimed that the Terms of Reference of the opposition were not Prime Minister specific and applied equally to all those named in Panama Papers.

On the same issue, Mahmood Qureshi of PTI said the government and the opposition should sit together to discuss TORs for the proposed commission to inquire into the findings of the Panama Papers specific to Pakistan.

Daniyal Aziz of PML-N pointed out that immediately after release of Panama Papers, the Prime Minister volunteered himself and his family for accountability.

He said the opposition did not expect that the government would go for a commission of Supreme Court Judges but the government opted for that to come clear on charges leveled against it.

He said that the TORs drafted by the government were more comprehensive than those drafted by the opposition. He said that the opposition had failed to relay constructive criticism of the TORs framed by the government.

The Opposition members staged a walkout from the House on the plea that the Prime Minister should take the Parliament into confidence over Panama Papers.

The Speaker sent Ministers thrice to persuade the opposition to re-join the proceedings but they did not oblige, and announced that their boycott of parliamentary proceedings would continue until their demands are met.

Ali Zain is a member of the staff at Daily Pakistan Global. He earned BS Communication Studies degree from University of the Punjab. His thesis titled "Cultural Continuity and Mass Media: An analysis of leading online newspapers of Pakistan" has been published as a book in Germany. He has also translated David Mathews' book "The Ecology of Democracy" into Urdu. He tweets at @alimaan.


Currency Rates in Pakistan - Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 24 Feb 2024

Pakistani currency remains largely stable against US dollar and other currencies in the open market on February 24, 2024.

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

On Saturday, Euro stands at 302  for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 24 February 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94


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