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PM Imran seeks swift execution of 5 million homes project

04:02 PM | 10 Sep, 2018
PM Imran seeks swift execution of 5 million homes project
ISLAMABAD - Prime Minister Imran Khan chaired a meeting on Monday to review progress on the formulation of a road-map for construction of 5 million houses across the country.

During the meeting at the PM Office, Secretary Housing briefed Imran Khan about the current situation and the annual demand and shortfall in the housing sector.

He also identified various options regarding ensuring availability of land bank, raising for the required finances through different modes and undertaking administrative and legal measures needed to encourage the private sector and the foreign investors towards Prime Minister’s 05 million Housing Initiative.

Imran Khan, in his remarks, said that provision of 05 million housing, equipped with all basic facilities, and regularization of slums is a foremost priority of the Government being the part of PTI’s manifesto.

The Prime Minister said that construction of affordable housing initiative would not only provide shelter to the homeless but would generate huge economic activity by providing millions of jobs and boosting all linked industries of the housing sector.

Khan said that besides the availability of vast state lands across the country, utilization of prime lands of the state guest houses and other government-owned accommodations/properties in Punjab and Khyber Pakhtunkhwa alone could generate billions of rupees for 05 million Housing Scheme.

It was decided during the meeting the Prime Minister will take ownership of the initiative in order to ensure smooth implementation and removing any administrative bottlenecks.

The Prime Minister directed the committee to finalize its recommendations regarding formulation of a comprehensive plan of action with delineated timelines within two weeks for early rollout of the Housing Program.


Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 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 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71


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