ISLAMABAD - Prime Minister Imran Khan on Friday emphasized the need to expedite the process of reforms and restructuring of Pakistan International Airlines (PIA) to save billions of rupees of the national exchequer.
Chairing a meeting about reforms in the PIA, he said taking out national institutions of losses, and making them active and stable was an important part of the present government’s agenda.
The prime minister said there was a need to expedite the reforms process in government institutions as the people had to bear the burden of their billions of rupees’ losses.
The prime minster said that by making the national institution like PIA profitable, it was necessary to ensure the best utilization of all its available resources in a transparent manner, besides expediting its administrative reforms process.
The meeting reviewed progress on reforms in the PIA, ways to save it from further losses and make it a profitable institution. It was told that after the induction of the present administration, the PIA’s losses had reduced satisfactorily and at operational level it was in a position to run flights without bearing any loss. However, it was informed that the COVID-19 situation had affected the efforts.
Associated Press of Pakistan Corporation (APPC) - Pakistan's Premier News Agency
Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.
Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.
UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 277.5 | 280.5 |
Euro | EUR | 293 | 296 |
UK Pound Sterling | GBP | 342.5 | 346 |
U.A.E Dirham | AED | 75.2 | 75.9 |
Saudi Riyal | SAR | 73.3 | 74.05 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 740.55 | 748.55 |
Canadian Dollar | CAD | 201 | 203 |
China Yuan | CNY | 38.47 | 38.87 |
Danish Krone | DKK | 39.78 | 40.18 |
Hong Kong Dollar | HKD | 35.53 | 35.88 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 903.11 | 912.11 |
Malaysian Ringgit | MYR | 58.08 | 58.68 |
New Zealand Dollar | NZD | 164.22 | 166.22 |
Norwegians Krone | NOK | 25.61 | 25.91 |
Omani Riyal | OMR | 723.2 | 731.2 |
Qatari Riyal | QAR | 76.45 | 77.15 |
Singapore Dollar | SGD | 204.5 | 206.5 |
Swedish Korona | SEK | 25.31 | 25.61 |
Swiss Franc | CHF | 305.47 | 307.97 |
Thai Bhat | THB | 7.56 | 7.71 |
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