Search

x
Join our whatsapp channel for News Updates

Pakistan Army comes up with fuel-saving strategy amid worsening financial crisis

10:41 PM | 10 Jun, 2022
Pakistan Army comes up with fuel-saving strategy amid worsening financial crisis
Source: ISPR (Twitter)

RAWALPINDI – Keeping in view the rising fuel prices and poor financial conditions of the country, the Pakistani armed forces have taken special measures to save petrol and diesel. 

In line with these measures, the armed forces will observe every Friday as ‘dry day’ and no official transport will run on dry day. 

According to the local media reports, the Pakistan Army has got 16 percent of the national budget for defence this year. 

At least Rs935 billion were collected in last five years in the name of taxes and duties. 

According to sources, the Pakistan Army saved Rs6 billion from the funds it was allocated for the fight against the Covid-19 and returned this amount to the government. 

Also, the army returned to the government Rs3.5 billion from the amount that was allocated for purchase of war equipment. 

Under the fuel saving policy, the armed forces have decided to conduct limited training near cantonments instead of holding large-scale war games. 

Important matters will be discussed and conferences will be held online. Local currency will be used for purchase of defence equipment. 

This year too the armed forces of Pakistan have not asked for any increase in the defence budget. The armed forces have also decided to cut their utility bills. 

Daily Pakistan Global Web Desk

Advertisement

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

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter