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Finance Minister Dar reviews financing of infrastructure projects in country

02:55 PM | 22 Jan, 2017
Finance Minister Dar reviews financing of infrastructure projects in country
ISLAMABAD - Federal Finance Minister, Senator Mohammad Ishaq Dar chaired a meeting on Sunday to review the financing of infrastructure projects in the country.

The Finance Secretary briefed the minister on the status of financing of major infrastructure projects in the country. He also presented various measures and options for financing of various projects in the pipeline.

The finance minister stated that while the government has substantially increased financing for infrastructure development, the physical infrastructure will continue to require further improvement for which greater resources would be required.

He stressed on the need for efficient utilization of resources and stated that timely completion of development projects was imperative to get maximum benefit from them. He directed the ministry to explore new and innovative ways of financing infrastructure development.

He also directed the ministry to consult various stakeholders and finalize the broad contours of infrastructure financing policy, which should form the basis for infrastructure financing in the future.

The meeting was attended by Secretary Economic Affairs Division, Special Finance Secretary and other senior officials of Ministry of Finance.

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 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. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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