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Punjab budget 2016-17 questioned by PML-N members from South Punjab, Opposition

Ali Zain 11:16 AM | 17 Jun, 2016
Punjab budget 2016-17 questioned by PML-N members from South Punjab, Opposition
LAHORE (Staff Report) - During a debate in the Punjab Assembly on the budget for 2016-17, the PML-N led government was criticized rather unexpectedly by party members from South Punjab in addition to members of the opposition parties.

Opening the budget debate held on Thursday, Opposition Leader Mian Mehmoodur Rasheed grilled the provincial government for directing over Rs. 12 billion exclusively to the Lahore Orange Line Metro Train project.

"I am a resident of Lahore city, but still I reject such a huge allocation to a single project while millions of fellow citizens in other cities of the province remain ignored," he said in the three-hour-long speech.

He said that even though Rs. 20 billion had been spent on energy during FY 2015-16, the industrial sector and ordinary people faced hours-long load shedding every day. Due to the power crisis over 100 textile have mills moved to other countries in the last year alone, he noted.

Participating in the budget debate, PML-N lawmaker Ilyas Chinioti from PP-73 (Jhang) said that his constituency had been ignored in the budget. He, afterwards, also staged a walk out of the House in protest.

Ghulam Murtaza, another lawmaker from government benches in the assembly, said that budget 2016-17 had been prepared by bureaucrats living in Lahore.

"My constituency which falls in Bahawalpur district has received only Rs. 90 million out of a budget of over Rs. 1 trillion," he said.

My constituents are dying of filthy water, however the rulers are not ready to do anything for them, he added.

Ali Zain
Ali Zain

Ali Zain is a member of the staff at Daily Pakistan Global. He earned BS Communication Studies degree from University of the Punjab. His thesis titled "Cultural Continuity and Mass Media: An analysis of leading online newspapers ...

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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 January 27, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 07:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 264 266
Euro EUR 274 276.7
UK Pound Sterling GBP 311 314
U.A.E Dirham AED 68.7 69.3
Saudi Riyal SAR 66.4 67
Australian Dollar AUD 176 178
Bahrain Dinar BHD 615.68 620.18
Canadian Dollar CAD 186 188
China Yuan CNY 34.12 34.37
Danish Krone DKK 33.83 34.18
Hong Kong Dollar HKD 29.52 29.87
Indian Rupee INR 2.81 2.89
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 756.69 761.69
Malaysian Ringgit MYR 52.59 53.04
New Zealand Dollar NZD 148.33 149.53
Norwegians Krone NOK 22.43 22.73
Omani Riyal OMR 600.37 604.87
Qatari Riyal ‎QAR 63.5 64
Singapore Dollar SGD 178 179.3
Swedish Korona SEK 21.78 22.08
Swiss Franc CHF 250.23 251.98
Thai Bhat THB 6.98 7.08

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs197,900 on Friday. The price of 10 grams of 24k gold was recorded at Rs168,000.

Likewise, 10 grams of 22k gold were being traded for Rs150,300 while a single tola of 22-karat gold was being sold at Rs 173,200.

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 197,900 PKR 2,100
Karachi PKR 197,900 PKR 2,100
Islamabad PKR 197,900 PKR 2,100
Peshawar PKR 197,900 PKR 2,100
Quetta PKR 197,900 PKR 2,100
Sialkot PKR 197,900 PKR 2,100
Attock PKR 197,900 PKR 2,100
Gujranwala PKR 197,900 PKR 2,100
Jehlum PKR 197,900 PKR 2,100
Multan PKR 197,900 PKR 2,100
Bahawalpur PKR 197,900 PKR 2,100
Gujrat PKR 197,900 PKR 2,100
Nawabshah PKR 197,900 PKR 2,100
Chakwal PKR 197,900 PKR 2,100
Hyderabad PKR 197,900 PKR 2,100
Nowshehra PKR 197,900 PKR 2,100
Sargodha PKR 197,900 PKR 2,100
Faisalabad PKR 197,900 PKR 2,100
Mirpur PKR 197,900 PKR 2,100

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