ISLAMABAD – A parliamentary committee on Tuesday passed the China-Pakistan Economic Corridor (CPEC) Authority (Amendment) Bill 2020 with majority votes.
A meeting of the National Assembly’s Standing Committee on Planning and Development, chaired by PTI MNA Junaid Akbar, discussed in detail the draft of the Bill and approved it with the majority of votes.
Earlier, the NA body questioned the Ministry of Planning about the salary package being given to the CPEC chairman. The ministry replied that no salary was being paid to the chairman as he did not sign any memorandum of understanding in this regard following the expiry of the CPEC Ordinance.
PML-N, PPP and opposition parties defy the bill, committee told no salary given to chairman after the expiry of the ordinance in May. The members who submitted their note of dissent against the Bill included Muhammad Sajjad, Ahsan Iqbal Chaudhary, Muhammad Junaid Anwar Chaudhary, Sardar Muhammad Irfan Dogar and Syed Agha Rafiullah.
Former planning minister Ahsan Iqbal opposed the creation of the CPECA, stating it was unnecessary and superfluous as the planning ministry had discharged the role very diligently and effectively in the past.
My Note of dissent on CPEC Authority Bill presented before Standing Committee Ministry of Planning &) Development today pic.twitter.com/vQ46SA1n1n
— Ahsan Iqbal (@betterpakistan) November 17, 2020
Minister for Planning Asad Umar, MNAs Sher Akbar Khan, Saleh Muhammad, Shaukat Ali, Syed Faiz-ul-Hassan, Nawab Sher, Dr Seemi Bokhari, Imran Khattak, and Muhammad Sajjad attended the meeting.
Committee also asked HEC to answer on why scholarships to students who were receiving higher education abroad were stopped. The commission replied that they had not stopped the scholarships and that universities all over the world were not accepting foreign students due to the spread of Covid-19.
Pakistani rupee remains stable against US dollar in the open market on 29 March, 2024.
In the open market, the US dollar was being quoted at 278.3 for buying and 281.05 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 | 278.3 | 281.05 |
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 | 73.70 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.46 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.7 |
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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