ISLAMABAD – Federal Minister for Finance and Revenue Mr. Shaukat Tarin chaired a meeting of the Cabinet Committee on Privatization (CCOP) on Wednesday.
The meeting was attended by Federal Minister for Privatization Muhammad Mian Soomro, Federal Minister for Industries and Production Makhdum Khusro Bakhtyar, Adviser to the Prime Minister on Institutional Reforms and Austerity Dr. Ishrat Hussain, Special Assistant to the Prime Minister on Petroleum Tabish Gauhar, Secretary Privatization Commission, Secretary Petroleum Division, Secretary Industries and Production and other relevant officials attended the meeting.
The meeting discussed the proposal for divestment of Government of Pakistan’s shares in Mari Petroleum Company Limited.
After comprehensive deliberation, the chair directed the Privatization Commission and Ministry of Petroleum to further examine the issue in light of today’s discussion and come up with comprehensive proposals during the next CCOP meeting.
The meeting discussed the proposal for privatization of Services International Hotel and after thorough debate approved the revised reserve price subject to further approval by the Federal Cabinet.
The Cabinet Committee on Privatization (CCOP) examined the proposal for removal of Pakistan Engineering Company (PECO) from active privatization list.
CCOP directed constitution of a committee consisting of representatives of Privatization Commission, Law Division, Establishment Division, Industries and Production Division, Finance Division and SECP to thoroughly analyze the case and come up with its proposals on issues highlighted in the meeting.
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.
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 |
Copyright ©2024. Reproduction of this website's content without express written permission from 'Daily Pakistan' is strictly prohibited.