PM Shehbaz assures coalition partners of addressing all concerns during maiden Karachi visit

Premier visits port city for discussions on cabinet formation, projects and meetings with business community

Web Desk 11:49 PM | 13 Apr, 2022
PM Shehbaz assures coalition partners of addressing all concerns during maiden Karachi visit
Source: @SindhCMHouse (Twitter)

KARACHI – Prime Minister Shehbaz Sharif has stressed the timely completion of key development projects in the country’s financial capital as he called on Sindh Chief Minister Murad Ali Shah and key coalition partner during his first visit to the port city.

Reports in local media said the premier arrived in the southeastern region on a maiden visit after assuming office. Sindh Chief Minister Murad Ali Shah welcomed Sharif upon arrival at the PAF Airbase Faisal.

Sindh provincial cabinet was present on the occasion to greet the newly appointed premier.

Sharif also presided over a high-level meeting at CM House. Chief Minister Sindh Syed Murad Ali Shah and provincial administration attended the meeting which was called to discuss issues of Sindh, particularly Karachi.

During his meeting with Sindh CM, Sharif assured to include Karachi Circular Railway (KCR) in China-Pakistan Economic Corridor (CPEC)-related projects and also announced the establishment of a new university.

He also stressed on timely completion of development projects. Shah also assured PM to work closely with the federal government for the welfare of the residents.

CM Sindh Murad Ali Shah also briefed the premier about the problems of Sindh province with a focus on Karachi.

PM also called on Muttahida Qaumi Movement-Pakistan leaders at their headquarters in the seaside metropolis. MQM-P Convenor Dr Khalid Maqbool Siddiqui, Senior Deputy Convenor Aamir Khan, Syed Aminul Haq, Dr Faroogh Naseem, and Kanwar Jameel attended the meeting.

Muttahida leaders will reportedly not join the federal cabinet as PM is scrambling to piece together an administration days after being elected as the premier. MQM-P convener Khalid Maqbool Siddiqui said only the commitments are significant and need to be fulfilled.

Earlier in the day, Sharif visited the mausoleum of Quaid-e-Azam Muhammad Ali Jinnah, where he paid his respects and offered Fateha.

A report of the state broadcaster said Sharif laid a floral wreath at the Quaid’s mausoleum and offered Fatiha as he visited the southeastern region first time after becoming Prime Minister. 

PM arrived on a day-long visit to Karachi earlier in the day and chaired, among other meetings, a consultative meeting on the development projects.

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 7, 2022 (Tuesday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 279 282
Euro EUR 296.67 297.26
UK Pound Sterling GBP 331.71 332.41
U.A.E Dirham AED 74.8 75.1
Saudi Riyal SAR 73.21 73.51
Australian Dollar AUD 190.31 192.72
Bahrain Dinar BHD 732.23 740.23
Canadian Dollar CAD 205.22 207.42
China Yuan CNY 40.72 41.12
Danish Krone DKK 39.92 40.32
Hong Kong Dollar HKD 35.08 35.43
Indian Rupee INR 3.35 3.46
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 900.32 909.32
Malaysian Ringgit MYR 64.65 65.25
New Zealand Dollar NZD 174.19 176.19
Norwegians Krone NOK 27.12 27.42
Omani Riyal OMR 715.11 723.11
Qatari Riyal ‎QAR 75.64 76.34
Singapore Dollar SGD 208.03 210.03
Swedish Korona SEK 26.1 26.4
Swiss Franc CHF 297.31 299.81
Thai Bhat THB 8.25 8.4

KARACHI – The gold price in Pakistan dropped by Rs4,300 per tola to reach Rs200,000 on Tuesday as it lost ground on second consecutive day after witnessing mostly bullish trend last week.

As per the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 10 grams of 24 carats gold decreased by Rs3,686 to settle at Rs171,468.

On Monday, the gold price witnessed a drop of Rs200 per tola to close at Rs204,300.

In the international market, the commodity dropped by $1 to reach $1,869 per ounce.

Meanwhile, silver prices in the domestic market slumped by Rs20 per tola and Rs17.14 per 10 grams to reach at Rs2,230 and Rs1,911, respectively.


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