ISLAMABAD – Prime Minister Shehbaz Sharif on Tuesday announced to provide free wheat flour and subsidised petrol to a million people of the federal capital during Ramadan to protect the poor and middle class segment of society from the adverse impacts of inflation.
"Modern technology will be used to ensure transparent distribution of the free flour," the PM said at a meeting in Islamabad.
The distribution will be done through the country’s 8,500 utility stores as well as 20,000 new points established “for convenience of the general public.”
The government will also provide petrol to rikshaws and motorcycles on subsidized rates, he announced.
He invited Sindh, Khyber Pakhtunkhwa and Balochistan governments to join the scheme to provide relief to the one most in need.
Former premier Shahid Khaqan Abbasi, Finance Minister Ishaq Dar, Adviser to the Prime Minister Ahad Cheema, State Minister for Petroleum Dr Musaddik Malik and senior officers attended the meeting.
Ramadan is the ninth month of the Islamic calendar, observed by Muslims worldwide as a month of fasting, prayer, and sharing.
The first fast in Pakistan is likely to be observed on Thursday, March 23, with the Ruet-e-Hilal committee, which sights the new moon and announces the start of Ramadan, scheduled to meet on March 22.
Pakistani rupee inches up against US dollar in the open market on 28 March, 2024.
In the open market, the US dollar was being quoted at 278.4 for buying and 281.4 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 278.4 | 281.4 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.7 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.45 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.70 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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