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Minister reveals timeline for outsourcing of Islamabad Airport

01:38 PM | 17 Apr, 2024
Minister reveals timeline for outsourcing of Islamabad Airport

ISLAMABAD - Federal Minister for Aviation, Khawaja Muhammad Asif has said that the Islamabad International Aiport will be ready for outsourcing by next month.

In a statement on social media, the minister announced that the Islamabad International Airport would be ready for outsourcing by mid-May.

Asif, who is also the Defense Minister, announced that the Allama Iqbal Airport Lahore and Jinnah International Airport Karachi would be outsourced following the outsourcing of Islamabad Airport.

The minister also announced that the national carrier, Pakistan International Airlines (PIA) would be cleared for operation by the European Union and the United Kingdom soon.

'Process is at an advanced stage and we are pushing it vigorously,' said the minister with reference to the resumption of PIA's flight operations to the European Union and the UK.

The minister clarified that the government did not want to get into the hotel business to allow the private sector to take care of it.

Khawaja Asif elaborated that the country’s visa policy was “archaic and xenophobic” calling for pursuing liberalization. 

“Let me assure you, we are fully cognisant of these issues and hope to sort them out very soon. I appreciate your concern and will keep you informed of progress,” said the minister.

It is to be highlighted that the former Aviation Adviser had said that only the operation and management of specific airport components would be outsourced, while critical services such as the Air Traffic Control Tower, Rescue and fire Fighting Services and Air Navigation services would remain under the administrative control of the Pakistan Civil Aviation Authority.

Daily Pakistan Global Web Desk

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Today Open Market Currency Rates in Pakistan - Rupee to US Dollar, Euro, Pound, Riyal - 21 May 2024

Pakistani currency rates against US Dollar and other currencies on May 21, 2024 (Tuesday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.7 for buying and 280.35 for selling.

Euro moved up to 298 for buying and 301 for selling while British Pound rate is 350.5 for buying, and 354 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 21 May 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 298 301
UK Pound Sterling GBP 350.5 354
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 183 184.80
Bahrain Dinar BHD 739 747.8
Canadian Dollar CAD 203 205
China Yuan CNY 38.51 38.89
Danish Krone DKK 40.53 40.65
Hong Kong Dollar HKD 35.65 36.31
Indian Rupee INR 3.34 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegian Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Baht THB 7.57 7.72

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