ISLAMABAD – President Dr Arif Alvi on Friday gave approval to the appointment of Dr Amjad Saqib as the Chairman of the Benazir Income Support Programme (BISP).
The appointment was made in accordance with Section 5(3) of the Benazir Income Support Programme Act 2010, the President’s Office said.
Recognising the significance of this appointment, President Dr. Arif Alvi personally approved the choice of Dr. Amjad Saqib to serve as Chairperson of the Benazir Income Support Programme, highlighting the importance of this position in ensuring social welfare and support for the nation's most vulnerable populations.
One of Pakistan's most well-known social safety net initiatives, the Benazir Income Support Programme, was created with the goal of helping low-income and disadvantaged households all around the country.
It is anticipated that Dr. Amjad Saqib's leadership in this capacity will be essential to the program's future success.
Dr. Muhammad Amjad Saqib is a prominent social worker, volunteer and development professional. He graduated from King Edward Medical College, Lahore and completed Masters Degree in Public Administration (MPA) and Hubert H. Humphrey Fellowship, from American University, Washington D.C., USA.
He joined Pakistan Administrative Services (PAS) in 1985 and resigned from civil service in 2003. Since then, besides rendering philanthropic and social services, he has been providing consultancy services to the Asian Development Bank, International Labour Organization, UNICEF, World Bank, and Canadian International Development Agency.
He is also the founder of Akhuwat foundation, the organization is now the largest interest free microfinance institution in the world and works in collaboration with state and civil society.
Dr Amjad Saqib has been nominated for the Nobel Peace Prize 2022 for his extraordinary contributions to the eradication of poverty in the South Asian country.
Pakistani rupee advanced its winning momentum against US dollar, and other currencies in the open market amid strong economic cues.
On Saturday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.
Euro moves down to 309.9 for buying and 310.5 for selling. British Pound rate stands at 359.4 for buying, and 360.05 for selling.
UAE Dirham AED also moved down to 77.45 whereas the Saudi Riyal drops to 75.82.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 285.15 | 287.95 |
Euro | EUR | 309.9 | 310.5 |
UK Pound Sterling | GBP | 359.4 | 360.05 |
U.A.E Dirham | AED | 77.45 | 77.6 |
Saudi Riyal | SAR | 75.82 | 75.97 |
Australian Dollar | AUD | 187.72 | 188.22 |
Bahrain Dinar | BHD | 759.94 | 767.94 |
Canadian Dollar | CAD | 209.99 | 210.49 |
China Yuan | CNY | 39.78 | 39.88 |
Danish Krone | DKK | 41.95 | 42.05 |
Hong Kong Dollar | HKD | 36.38 | 36.48 |
Indian Rupee | INR | 3.39 | 3.5 |
Japanese Yen | JPY | 1.49 | 1.56 |
Kuwaiti Dinar | KWD | 926.39 | 935.39 |
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 | 742.16 | 750.18 |
Qatari Riyal | QAR | 78.5 | 79.2 |
Singapore Dollar | SGD | 212.45 | 212.95 |
Swedish Korona | SEK | 27.09 | 27.19 |
Swiss Franc | CHF | 325.38 | 325.88 |
Thai Bhat | THB | 8.05 | 8.09 |
The price of gold fell by thousands of rupees as precious metal lost shine despite an upward trend in the international market.
On Saturday, the price of a single tola of 24-karat gold stands at Rs217,300 and 10 grams of 24k gold costs Rs186,300.
Meanwhile, single tola of 22 Karat gold costs Rs199,190, 21 karat rate costs Rs190,138 and 18k gold rate is Rs162,975.
Globally, gold prices hover at around $2072, gaining $32 on Saturday.
City | Gold | Silver |
Lahore | PKR 217,300 | PKR 2,705 |
Karachi | PKR 217,300 | PKR 2,705 |
Islamabad | PKR 217,300 | PKR 2,705 |
Peshawar | PKR 217,300 | PKR 2,705 |
Quetta | PKR 217,300 | PKR 2,705 |
Sialkot | PKR 217,300 | PKR 2,705 |
Attock | PKR 217,300 | PKR 2,705 |
Gujranwala | PKR 217,300 | PKR 2,705 |
Jehlum | PKR 217,300 | PKR 2,705 |
Multan | PKR 217,300 | PKR 2,705 |
Bahawalpur | PKR 217,300 | PKR 2,705 |
Gujrat | PKR 217,300 | PKR 2,705 |
Nawabshah | PKR 217,300 | PKR 2,705 |
Chakwal | PKR 217,300 | PKR 2,705 |
Hyderabad | PKR 217,300 | PKR 2,705 |
Nowshehra | PKR 217,300 | PKR 2,705 |
Sargodha | PKR 217,300 | PKR 2,705 |
Faisalabad | PKR 217,300 | PKR 2,705 |
Mirpur | PKR 217,300 | PKR 2,705 |
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