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PM Imran urges Pakistani diaspora in Malaysia to send remittances legally

04:54 PM | 21 Nov, 2018
PM Imran urges Pakistani diaspora in Malaysia to send remittances legally
KUALA LUMPUR - Prime Minister Imran Khan has urged the overseas Pakistanis in Malaysia to send back remittances through legal channels.

Addressing a community of diaspora on Wednesday, the premier expressed that Mahathir Mohamed did not establish factories to satisfy personal interest adding that Pakistan’s ambassador to Malaysia worked tirelessly for his country's sake.

The current government’s priority is to get investments from abroad.  Pakistan needs to improve its governance as it has immense potential, said the premier.

Khan, who is on a two-day visit to Malaysia, expressed that nobody could do money laundering in Malaysia, unlike the case in Pakistan.

'We will make money laundering very difficult for people in Pakistan,' vowed the premier, adding that he was getting details of those attempting to send money abroad illegally.

https://en.dailypakistan.com.pk/headline/malaysia-rolls-out-red-carpet-for-pakistans-pm-imran-khan-on-first-official-visit/

Imran Khan said that the suspect involved in money laundering was now behind bars, without naming anyone.

Khan reiterated that foreign investment was crucial for Pakistan's economic progress.

The prime minister also dished in on matters of domestic politics saying, the opposition wanted him to fail but hastened to add that he will remain a threat to the opposition.

'As long as I am in power, the opposition is in danger,' asserted the prime minister.

He observed that those who were making noise at the moment are well aware that they have to be behind bars soon.

'No one would be granted NRO,' said the premier.

The prime minister affirmed that once the debt crisis is over, Pakistan would not need any loans but would instead lend loans to other states. He also invited the overseas Pakistanis to invest in the home country as part of their national obligation.

He asserted that the government would ease the conditions for businessmen to invest in the country, citing the example of Mahathir Mohamed.

The Prime Minister said Malaysia developed due to good governance despite having limited resources; he said Malaysia is fortunate to have a great leader like Mahathir Mohamad.

'We are furnishing a program for sprucing up exports,' said the premier and added that the exports of Malaysia stood at $220b while it was merely $4b for Pakistan.

The writer is a civil servant.

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 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 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
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 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
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 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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