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PM Imran forms high-powered committee to investigate sugar crisis

11:44 AM | 22 Feb, 2020
PM Imran forms high-powered committee to investigate sugar crisis

ISLAMABAD - Prime Minister Imran Khan has formed a three-member enquiry committee to investigate all of the sudden hikes in sugar prices in the country.

According to a statement released by the Prime Minister’s Office, “The committee shall identify and fix responsibility, if any, on any individual, officer or organisation or any purported benefit to a private party, besides suggesting a way forward for the future course of action.”

The other two members of the committee will be a representative of the Intelligence Bureau not below grade 20/21, and the director-general of the Punjab Anti-Corruption Establishment.

The committee will also find out the extent of the delays in the purchase of sugarcane from farmers and additionally, it will investigate the presence of oligopolies in the sugar sector.

The committee will also identify illegal stockpiles and the justification for sugar export.

Lastly, the committee shall observe the role of the stakeholders, including government institutions, in the increase in prices.

Meanwhile, the Ministry of Interior, Federal Board of Revenue (FBR) and federal and provincial law enforcement agencies have been directed to launch a joint operation to control sugar prices.

On the other side, the interior ministry has been ordered to submit an implementation report in next 48 hours. PM has ordered Intelligence Bureau, Inter-Service Intelligence (ISI) and FIA to present the report of the crackdown on a regular basis.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 25 April 2024 Forex Rates

Pakistani currency remains unchanged against US Dollar and other currencies on April 25, 2024 Monday in open market.

USD to PKR rate today

US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro comes down to 294 for buying and 297 for selling while British Pound hovers at 342.5 for buying, and 346 for selling.

UAE Dirham AED was at 75 and Saudi Riyal's new rate was at 73.30.

Today’s currency exchange rates in Pakistan - 25 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.5 280.5
Euro EUR 294 297
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75 75.8
Saudi Riyal SAR 73.30 74
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.81 748.81
Canadian Dollar CAD 201 203.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 39.93 40.33
Hong Kong Dollar HKD 35.55 35.9
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.61 912.61
Malaysian Ringgit MYR 58.28 58.88
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.46 25.76
Omani Riyal OMR 723.48 731.48
Qatari Riyal ‎QAR 76.52 77.22
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 305.43 307.93
Thai Bhat THB 7.51 7.66

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