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‘No one should come unprepared into power,’ PM Imran says 'no more excuses' about Pakistan’s economic woes

06:37 PM | 22 Dec, 2020
‘No one should come unprepared into power,’ PM Imran says 'no more excuses' about Pakistan’s economic woes

ISLAMABAD – Prime Minister Imran Khan on Tuesday once again admitted his lack of understanding of Pakistan’s economic woes in his first year in the office, saying no one should come unprepared into power.

He was addressing a special ceremony to sign 'Performance Agreements of the Federal Government for the Year 2020-21' in the federal capital attended by ministers and special assistants to the prime minister.

Khan said the prioritised projects will vigorously be followed and evaluated to ensure performance. “Now it is time to perform and every ministry has to achieve its targets.”

Imran Khan said power sector is the biggest challenge to provide affordable electricity to consumers, adding that the government is providing subsidies of billions of rupees but it is being used both by the poor and the rich.

“There is a need to rationalise provision of subsidies to the targeted populace and deserving people as well as for the development of backward areas.”

The PM further stressed the need to enhance exports and control inflation in the country. He said growing bill of pensions is also one of the biggest challenges the country is facing. He directed to formulate a comprehensive plan to meet this challenge.

Daily Pakistan Global Web Desk

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US Dollar, Euro, Dirham, Pound, Riyal Rate in Pakistan Today - Currency Rates 20 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 20, 2024 (Saturday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279.15 for buying and 280.85 for selling. Euro's buying rate remains stable at 301.35 and selling rate is 303.25.

British Pound rate is 354.85 for buying, and 358.35 for selling. UAE Dirham AED was at 76.5 and Saudi Riyal lowered to 73.70.

Currency Rates Today

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.15 280.85
Euro EUR 301.35 303.25
UK Pound Sterling GBP 354.85 358.35
U.A.E Dirham AED 76.5 77.25
Saudi Riyal SAR 73.7 74.42
Australian Dollar AUD 184.75 186.55
Bahrain Dinar BHD 741.15 749.15
Canadian Dollar CAD 203.5 205.5
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 36.05 36.05
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.4 26.7
Swiss Franc CHF 309.05 311.55
Thai Bhat THB 7.5 7.65

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