Info minister says this is 'in line with new National Security Policy'
ISLAMABAD – Pakistan has decided to allow permanent residency scheme for foreign nationals investing in the country, a move apparently aimed at mitigating the financial woes.
Minister for Information and Broadcasting Fawad Chaudhry announced the development on Twitter, saying it is in line with new National Security Policy.
“In line with new Nat Security policy through which Pak declared GeoEconomics as core of its Nat security doctrine, Government has decided to allow Permanent residency scheme for foreign nationals, new policy allows foreigners to get permanent resident status in lieu of investment,” he wrote.
Earlier in the day, Prime Minister Imran Khan Friday launched the public version of the country's first-ever National Security Policy 2022-2026, saying the nation is now headed in the right direction.
The main themes of the National Security Policy are national cohesion, securing an economic future, defence and territorial integrity, internal security, foreign policy in a changing world and human security.
Pakistani rupee rates against US Dollar and other currencies on May 7, 2024 Tuesday in open market.
US dollar was being quoted at 277.4 for buying and 280.4 for selling.
Euro stands at 295.7 for buying and 298.65 for selling while British Pound rate is 345 for buying, and 348.5 for selling.
UAE Dirham AED was at 75.05 and Saudi Riyal's comes down to 73.25.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 277.4 | 280.4 |
Euro | EUR | 295.7 | 298.65 |
UK Pound Sterling | GBP | 345 | 348.5 |
U.A.E Dirham | AED | 75.05 | 75.8 |
Saudi Riyal | SAR | 73.25 | 74 |
Australian Dollar | AUD | 180 | 182 |
Bahrain Dinar | BHD | 739.99 | 747.99 |
Canadian Dollar | CAD | 203 | 205 |
China Yuan | CNY | 38.43 | 38.83 |
Danish Krone | DKK | 40.16 | 40.56 |
Hong Kong Dollar | HKD | 35.61 | 35.96 |
Indian Rupee | INR | 3.34 | 3.45 |
Japanese Yen | JPY | 1.91 | 1.99 |
Kuwaiti Dinar | KWD | 905.3 | 914.3 |
Malaysian Ringgit | MYR | 58.71 | 59.31 |
New Zealand Dollar | NZD | 167.23 | 169.23 |
Norwegians Krone | NOK | 25.57 | 25.87 |
Omani Riyal | OMR | 722.7 | 730.7 |
Qatari Riyal | QAR | 76.44 | 77.14 |
Singapore Dollar | SGD | 204.65 | 206.65 |
Swedish Korona | SEK | 25.79 | 26.09 |
Swiss Franc | CHF | 307.34 | 309.84 |
Thai Bhat | THB | 7.56 | 7.71 |
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