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Pakistan shuts down offices of 11 foreign NGOs

Mahmood Idrees 02:18 PM | 12 May, 2018
Pakistan shuts down offices of 11 foreign NGOs
ISLAMABAD - Pakistani authorities have closed offices of as many as 11 international non-governmental organisations after the Ministry of Interior rejected their registration request.

Following the ministry’s refusal, police took action and locked the offices of UK, US, and other foreign countries-based NGOs. The foreign organizations have been barred from carrying out any operation in Pakistan.

The NGOs include Ziaul Ummat Foundation (UK), Al-Khair Foundation (UK), Central Asia Education Trust Pakistan, Centre for International Enterprise (US), International Alert (UK), Danish Refugee Council (Denmark), Foundation Open Society Institute Pakistan (Switzerland), Oxfam Novib (Holland), Acumen Fund International (US) and AVDRC World Vegetable Centre (Taiwan).

In December 2017, the federal government had ordered 21 foreign-aid groups to wrap up their activities and prepare to leave after they failed to re-register under tough regulations introduced two years ago.

Open Society Foundations, the charity founded by George Soros, and the South Africa-based ActionAid were among the groups informed of the decision this week.

In October, authorities taking action under National Action Plan (NAP) suspended the registration of over 3,000 non-governmental organizations working in Balochistan province.

According to local media, the registration of 3,250 NGOs has been revoked after they failed to submit essential documents and due to their inactivity.

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ISLAMABAD – Pakistani rupee finally ended its losing streak against US dollar on Tuesday, gaining Rs4.43 after massive depreciation over the last week.

During the intra-day trading, the rupee was hovering at 266.75 with an appreciation of around 1.07 percent as talks between Pakistan and IMF underway for a stalled bailout programme.

Earlier on Monday, the rupee plunged by Rs7 and the greenback touched all-time high of Rs272. Last week, the local currency dropped by Rs24.54 in the interbank market – the largest single-day depreciation in more than two decades.

Finance experts linked the rupee’s recovery to exporters offloading some of their proceeds as remittances and export continued days after dollar cap was removed.

The country of over 220 million is facing a worst economic crisis with the forex reserved held by the country’s central bank remaining at critical $3.68 billion which were not enough to cover a month's import.

https://en.dailypakistan.com.pk/30-Jan-2023/gold-continues-to-shine-hits-all-time-high-of-rs210-500-in-pakistan

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs205,900 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs176,530.

Likewise, 10 grams of 22k gold were being traded for Rs162,500 while a single tola of 22-karat gold was being sold at Rs 182,100.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 205,900 PKR 2,370
Karachi PKR 205,900 PKR 2,370
Islamabad PKR 205,900 PKR 2,370
Peshawar PKR 205,900 PKR 2,370
Quetta PKR 205,900 PKR 2,370
Sialkot PKR 205,900 PKR 2,370
Attock PKR 205,900 PKR 2,370
Gujranwala PKR 205,900 PKR 2,370
Jehlum PKR 205,900 PKR 2,370
Multan PKR 205,900 PKR 2,370
Bahawalpur PKR 205,900 PKR 2,370
Gujrat PKR 205,900 PKR 2,370
Nawabshah PKR 205,900 PKR 2,370
Chakwal PKR 205,900 PKR 2,370
Hyderabad PKR 205,900 PKR 2,370
Nowshehra PKR 205,900 PKR 2,370
Sargodha PKR 205,900 PKR 2,370
Faisalabad PKR 205,900 PKR 2,370
Mirpur PKR 205,900 PKR 2,370

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