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Govt decides to complete term amid deepening political, economic crisis

03:45 PM | 23 May, 2022
Govt decides to complete term amid deepening political, economic crisis

ISLAMABAD – The coalition partners have decided that the incumbent government will complete its constitutional term amid intensifying demand for snap elections by PTI and worsening economic situation in the country, it emerged on Monday.

The decision, according to media reports, was made in meeting held last night to discuss the political situation in the country after PTI chairman Imran Khan announced to launch long march on May 25 against the government.

The PML-N led government also decided to take tough decision to tackle the economic crisis and revive International Monetary Fund’s (IMF) loan programme.

Finance Minister Miftah Ismail, who headed to Doha for second round of talks with IMF, said that tough measures will be take in next couple of days.

The global lender has demanded the withdraw subsidies on petrol and electricity while the Pakistani government is not ready to end the relief package announced by its predecessor PTI.

The allied parties' heads met last night to discuss the unstable political situation in the country after the announcement of a long march towards Islamabad by PTI Chairman Imran Khan.

On Sunday, former prime minister Imran Khan announced an Azadi March to Islamabad on May 25 to seek early election and dissolution of the National Assembly.

Meanwhile, the government has decided to not allow the PTI to stage sit-in in the federal capital. 

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

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.

Today’s currency exchange rates in Pakistan - 19 April 2024

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

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