ISLAMABAD – Federal Minister for Religious Affairs Mufti Abdul Shakoor said on Monday that Pakistanis who performed Hajj this year under the government scheme would start receiving a subsidy of Rs150,000 each from August 17.
The minister told an Arab daily on the sidelines of a post-Hajj news conference in Islamabad that the federal government had given a subsidy of Rs4.88 billion and this amount would be disbursed to Hajj pilgrims who have returned from the kingdom after the pilgrimage.
The total per person Hajj expenditure under the government scheme exceeded Rs860,000, though people will now be getting some financial relaxation after announcement of the subsidy.
“Our Hajj operation has completed successfully and without any untoward incident,” the minister was quoted as saying. “All people who performed their pilgrimage under the government scheme will start getting Rs150,000 back from August 17 and this disbursement process will complete by August 31.”
He said the pilgrims would be informed about the disbursement through text messages.
“They will get the amount by showing that message along with their national identity card and passport to the bank,” the minister continued. “The bank will transfer the amount into the pilgrim’s account after that.”
Saudi Arabia allowed about a million people to perform Hajj this year after lifting strict coronavirus restrictions which were imposed after the emergence of the pandemic.
Pakistan’s religious affairs minister said the kingdom supported his country’s Hajj mission in every possible way, adding it even increased the South Asian nation’s quota by adding 2,000 more people.
“Due to the hard work of our team and cooperation of Saudis, we succeeded in reducing the expenses by nearly 1,500 Riyal per pilgrim than we had initially anticipated,” he said.
The minister also informed that over 15,000 Pakistani pilgrims under the government scheme had also benefitted from the Makkah Route Initiative.
“The pilgrims were provided residences near the Grand Mosque [in Makkah] and four- and five-star hotels in Madinah,” he said. “Apart from that, they were given the best transportation and food services as well.”
Pakistani rupee witnessed upward trajectort against US dollar and other currencies amid positive economic cues.
On Wednesday, the US dollar moved down and was being quoted at 283.7 for buying and 286.75 for selling.
Euro remained stable at 309 for buying and 312 for selling. British Pound rate increased to 361 for buying, and 364 for selling.
UAE Dirham AED dropped to 77.6 whereas the Saudi Riyal rate stands at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 283.7 | 286.75 |
Euro | EUR | 309 | 312 |
UK Pound Sterling | GBP | 361 | 364 |
U.A.E Dirham | AED | 77.6 | 78.3 |
Saudi Riyal | SAR | 76 | 76.8 |
Australian Dollar | AUD | 187.72 | 188.22 |
Bahrain Dinar | BHD | 758.58 | 766.58 |
Canadian Dollar | CAD | 209 | 211 |
China Yuan | CNY | 39.93 | 40.33 |
Danish Krone | DKK | 41.41 | 41.81 |
Hong Kong Dollar | HKD | 36.49 | 36.84 |
Indian Rupee | INR | 3.42 | 3.53 |
Japanese Yen | JPY | 1.49 | 1.56 |
Kuwaiti Dinar | KWD | 923.13 | 932.13 |
Malaysian Ringgit | MYR | 60.97 | 61.57 |
New Zealand Dollar | NZD | 175.89 | 177.89 |
Norwegians Krone | NOK | 26.68 | 26.98 |
Omani Riyal | OMR | 740.01 | 748.01 |
Qatari Riyal | QAR | 78.36 | 79.06 |
Singapore Dollar | SGD | 211 | 213 |
Swedish Korona | SEK | 27.45 | 27.75 |
Thai Bhat | THB | 8.09 | 8.24 |
KARACHI – Gold prices in the local market continue to decline in line with the international market.
On Wednesday, the price of a single tola of 24-karat gold stands at Rs219,400 and 10 grams of 24k gold costs Rs188,100.
Each tola for 24 karat is Rs216,700, 22 Karat is Rs198,640, and 21 karat rate per tola is Rs189,613 and 18k gold rate is Rs162,525.00 for single tola.
In the global market, the precious metal moved down, and hovers around $2023 per ounce after drop of around $10.
City | Gold | Silver |
---|---|---|
Lahore | PKR 219,400 | PKR 2,625 |
Karachi | PKR 219,400 | PKR 2,625 |
Islamabad | PKR 219,400 | PKR 2,625 |
Peshawar | PKR 219,400 | PKR 2,625 |
Quetta | PKR 219,400 | PKR 2,625 |
Sialkot | PKR 219,400 | PKR 2,625 |
Attock | PKR 219,400 | PKR 2,625 |
Gujranwala | PKR 219,400 | PKR 2,625 |
Jehlum | PKR 219,400 | PKR 2,625 |
Multan | PKR 219,400 | PKR 2,625 |
Bahawalpur | PKR 219,400 | PKR 2,625 |
Gujrat | PKR 219,400 | PKR 2,625 |
Nawabshah | PKR 219,400 | PKR 2,625 |
Chakwal | PKR 219,400 | PKR 2,625 |
Hyderabad | PKR 219,400 | PKR 2,625 |
Nowshehra | PKR 219,400 | PKR 2,625 |
Sargodha | PKR 219,400 | PKR 2,625 |
Faisalabad | PKR 219,400 | PKR 2,625 |
Mirpur | PKR 219,400 | PKR 2,625 |
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