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GB: 'Thousands' protest against alleged exclusion of province from CPEC

Hamza Rao 04:11 PM | 15 May, 2017
GB: 'Thousands' protest against alleged exclusion of province from CPEC
GILGIT - An assortment of people gathered in Skardu on Monday to protest against the alleged exclusion of Gilgit-Baltistan from the China-Pakistan Economic Corridor project.

The protest was organised by the PPP's GB chapter. The party complained that Gilgit-Baltistan had not received any share in the project, even though 439 kilometres of land in Skardu had been acquired by the government for CPEC, according to Dawn.

Rather, the total investment of $42bn dollars has been directed towards Punjab and other areas, the PPP said.

The protesters further protested that the chief minister of Gilgit-Baltistan was not invited to accompany Prime Minister Nawaz Sharif on his visit to Chine for the One Belt, One Road forum (OBOR) while chief ministers of all other provinces were invited.

"They said that the exclusion of the chief minister of Gilgit-Baltistan from the forum was a sign that the government has adopted exploitative and discriminatory policies in the area," Dawn reported.

However, it is pertinent to note that Gilgit-Baltistan has been included in the new silk route.

Pakistan on Saturday signed new deals with China on Saturday worth nearly $500 million ahead of Beijing’s international forum on its “Silk Road” trade and infrastructure initiative for Asia, Africa and Europe, the Pakistani government said.

Prime Minister Nawaz Sharif on Sunday addressed the plenary session of the Belt and Road Forum (BRF) for International Cooperation in Beijing, where he stressed that geo-economics should take precedence over geopolitics.

PM Sharif, who had arrived in the Chinese capital on Friday to participate in the One Belt, One Road (OBOR) forum, said the China-Pakistan Economic Corridor (CPEC) must not be politicised, adding that the corridor remains open to all countries.

He said that CPEC is at the core of China’s One Belt, One Road initiative, which has fostered inclusion and tolerance in the region.

“We are not striving to merely leverage geography for economic prosperity; we are also trying to build a peaceful, connected and caring neighbourhood,” he maintained

Hamza Rao
Hamza Rao

Hamza Rao is a member of the staff at Daily Pakistan. He can be reached at raohamzafree@gmail.com. He tweets at @HamzaRaoxxx

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 23, 2023

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 March 23, 2023 (Thursday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 283.1 286.15
Euro EUR 302.5 305.5
UK Pound Sterling GBP 343.5 347
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 75.4 76.2
Australian Dollar AUD 187 189.4
Bahrain Dinar BHD 749.55 757.55
Canadian Dollar CAD 205 207.2
China Yuan CNY 40.91 41.31
Danish Krone DKK 40.77 41.17
Hong Kong Dollar HKD 35.92 36.27
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 2.06 2.11
Kuwaiti Dinar KWD 919.22 928.22
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 176.66 178.66
Norwegians Krone NOK 26.33 26.63
Omani Riyal OMR 731.97 739.97
Qatari Riyal ‎QAR 77.43 78.13
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 305.12 307.62
Thai Bhat THB 8.19 8.34

Today's gold rates in Pakistan – 23 March 2023

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 203,800 on Thursday. The price of 10 grams of 24k gold was recorded at Rs174,730.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

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 203,800 PKR 2,350
Karachi PKR 203,800 PKR 2,350
Islamabad PKR 203,800 PKR 2,350
Peshawar PKR 203,800 PKR 2,350
Quetta PKR 203,800 PKR 2,350
Sialkot PKR 203,800 PKR 2,350
Attock PKR 203,800 PKR 2,350
Gujranwala PKR 203,800 PKR 2,350
Jehlum PKR 203,800 PKR 2,350
Multan PKR 203,800 PKR 2,350
Bahawalpur PKR 203,800 PKR 2,350
Gujrat PKR 203,800 PKR 2,350
Nawabshah PKR 203,800 PKR 2,350
Chakwal PKR 203,800 PKR 2,350
Hyderabad PKR 203,800 PKR 2,350
Nowshehra PKR 203,800 PKR 2,350
Sargodha PKR 203,800 PKR 2,350
Faisalabad PKR 203,800 PKR 2,350
Mirpur PKR 203,800 PKR 2,350

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