Search

Shaukat Tarin appointed as PM Imran’s aide on finance and revenue

10:28 AM | 18 Oct, 2021
Shaukat Tarin appointed as PM Imran’s aide on finance and revenue

ISLAMABAD – Pakistan’s former Finance Minister Shaukat Tarin has been appointed as Prime Minister Imran Khan's aide on finance and revenue.

A notification issued by Joint Secretary to the Cabinet cited “In exercise of the powers conferred by clause (1) of Article 93 of the Constitution of the Islamic Republic of Pakistan, the President, on the advice of the Prime Minister, has been pleased to appoint, with immediate effect, Mr. Shaukat Ahmed Tarim as Adviser to the Prime Minister on Finance and Revenue, with the status of Federal Minister”.

Earlier, the government has been unable to elect Tarin as a Member of the Parliament within the stipulated time frame of six months, which expired on Saturday.

Furthermore, the government intends to get Tarin elected as a senator and it is requisite for him to win the polls to continue as finance minister, as an unelected individual could not head the ministry, chair the Economic Coordination Committee (ECC) and other cabinet committees beyond six months.

Back in March this year, the federal government had attempted to get Abdul Hafeez Shaikh elected as a senator from Islamabad but he lost the seat to PDM’s joint candidate Yusuf Raza Gilani.

Hammad Azhar had replaced Shaikh after he resigned from the position before the expiry of his six-month tenure.

Daily Pakistan Global Web Desk

Advertisement

Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

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

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 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
Norwegians 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 Bhat THB 7.57 7.72

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter