Shehbaz Sharif elected Public Accounts Committee chairman

11:28 AM | 21 Dec, 2018
Shehbaz Sharif elected Public Accounts Committee chairman
ISLAMABAD – Pakistan Muslim League-Nawaz (PML-N) President and Opposition Leader Shehbaz Sharif was elected unopposed as the chairman of the Public Accounts Committee (PAC) of the National Assembly (NA) on Friday.

On Thursday, the lower House of the Parliament approved a motion for its formation along with the Standing Committee on Law.

After becoming the PAC chairman, Sharif will formally convene the first meeting of the committee next week. Under Rule 108 of 2007’s Rule of Procedure and Conduct of Business in the NA, he will issue his own production order and will chair the committee meeting.

According to the rule, the speaker or the head of a committee can issue production orders of a parliamentarian or member of the committee, who is under custody for a non-bailable offence, if his presence is considered necessary.

The issue of parliamentary committees’ formation was pending since the last three months after the Pakistan Tehreek-e-Insaf (PTI) came into power because the government was against the former Punjab chief minister’s appointment as the PAC chairman. However, last week, Foreign Minister Shah Mehmood Qureshi and Defence Minister Pervez Khattak convinced Prime Minister Imran Khan that under parliamentary traditions, the opposition leader is appointed as the PAC chairman.

Syed Fakhar Iman, Sardar Nasrullah Khan Dreshak, Akhtar Mengal, Riaz Fatyana, Malik Amir Dogar, Munaza Hassan, Noor Alam Khan, Khawaja Sheraz Mahmood, Iqbal Muhammad Ali Khan, Ali Nawaz Shah, Hussain Ilahi, Ijaz Ahmed Shah, Raja Riaz, Mian Shehbaz Sharif, Khawaja Asif, Sardar Ayaz Sadiq, Rana Tanvir Hussain, Sheikh Rohail Asghar, Shahid Akhter Ali, Raja Pervaiz Ashraf, Syed Naveed Qamar, Syed Hussain Tariq and Hina Rabbani Khar will be members of PAC.

Standing Committee on Law will include Advocate Attaullah, Lal Chand Malhi, Farooq Azam Malik, Kishwer Zehra, Maleeka Bukhari, Sanaullah Masti Khel, Ihsanullah Tiwana, Agha Hassan Baloch, Sheikh Ali Arbab, Shunila Ruth, Riaz Fatyana, Shehbaz Sharif, Rana Sanaullah, Mehmood Bashir Virk, Usman Ibrahim, Khawaja Saad Rafique, Syed Hussain Tariq, Nafisa Shah, Naveed Qamar and Aliya Kamran.

Members of the concerned committees will elect their respective chairmen and the speaker of the NA has the authority to make any changes to the committee members.


Rupee remains stable against US dollar, Euro, Pound, Dirham and Riyal; check forex rates

Pakistani rupee remained stable against US dollar in the open bank market on Friday.

Dollar Rate in Pakistan Today

On Friday, the US dollar was being quoted at 285.3 for buying and 288.15 for selling.

Euro moves down to 311 for buying and 314 for selling. British Pound rate stands at 358.5 for buying, and 361.5 for selling.

UAE Dirham AED stands at 78 whereas the Saudi Riyal rate stands at 76.20.

Today's currency exchange rates in Pakistan – 1 December 2023

Currency Symbol Buying Selling
US Dollar ‎USD 285.3 288.15
Euro EUR 311 314
UK Pound Sterling GBP 358.5 361.5
U.A.E Dirham AED 78 78.7
Saudi Riyal SAR 76.2 77
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 759.67 767.67
Canadian Dollar CAD 209 211
China Yuan CNY 39.59 39.98
Danish Krone DKK 41.38 41.78
Hong Kong Dollar HKD 36.63 36.98
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.7 935.7
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 741.26 749.26
Qatari Riyal ‎QAR 77.63 78.33
Singapore Dollar SGD 211 213
Swedish Korona SEK 26.93 27.23
Swiss Franc CHF 325.9 328.4
Thai Bhat THB 8.23 8.38

Gold rates drop in Pakistan; Check today’s gold rates 1 December 2023

KARACHI – The gold price continues to climb up in the local market in line of upward trend in international market.

Gold Rates in Pakistan Today - 1 December 2023

On Thursday, the single tola of 24 Karat gold was available at Rs217,400, and the price for 10-gram gold reached Rs186,390.

Meanwhile, the 22 Karat Gold price stands at Rs199,282, 21 karat rate for each tola is Rs190,225 and 18k gold rate hovers around Rs163,050.

In international market, the price of precious metal hovers around $2,045 per ounce.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 217,400 PKR 2,696
Karachi PKR 217,400 PKR 2,696
Islamabad PKR 217,400 PKR 2,696
Peshawar PKR 217,400 PKR 2,696
Quetta PKR 217,400 PKR 2,696
Sialkot PKR 217,400 PKR 2,696
Attock PKR 217,400 PKR 2,696
Gujranwala PKR 217,400 PKR 2,696
Jehlum PKR 217,400 PKR 2,696
Multan PKR 217,400 PKR 2,696
Bahawalpur PKR 217,400 PKR 2,696
Gujrat PKR 217,400 PKR 2,696
Nawabshah PKR 217,400 PKR 2,696
Chakwal PKR 217,400 PKR 2,696
Hyderabad PKR 217,400 PKR 2,696
Nowshehra PKR 217,400 PKR 2,696
Sargodha PKR 217,400 PKR 2,696
Faisalabad PKR 217,400 PKR 2,696
Mirpur PKR 217,400 PKR 2,696


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