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PTI rejects Transparency International's 'biased' report about corruption in Pakistan

07:17 PM | 24 Jan, 2020
PTI rejects Transparency International's 'biased' report about corruption in Pakistan

ISLAMABAD – Special Assistant to the Prime Minister on Information and Broadcasting, Dr. Firdous Ashiq Awan has emphatically rejected as biased the Transparency International's report regarding corruption in Pakistan.

Talking to the media persons at Parliament House in Islamabad on Friday, she said the report is not fair and transparent. She said it has also been rejected by the masses since it apparently has been managed by the corruption kings sitting abroad.

The Special Assistant recalled that Pakistan chapter of Transparency International was given favours by the previous government of PML-N.

Firdous Ashiq Awan said giving clean chits to those whose corruption cases are pending before the court clearly indicates the nexus between these elements and Pakistan chapter of Transparency International.

The report itself raises question on the transparency and credibility of the institution, she added.

The Special Assistant said PTI government is committed to free the country of corruption and all the corrupt practices, adding that PM Imran Khan has never compromised in the fight against corruption and never will he do so in future.

Firdous Ashiq Awan said world institutions such as Moody's are endorsing and appreciating the improvement in economic indicators of Pakistan. She said the world acknowledges the credibility of Imran Khan and such reports cannot hoodwink the world.

The Special Assistant also reminded that unprecedented recoveries were made from the corrupt elements over the last one year.  These recoveries are more than the ones made during the last ten years.

Finance Division rejects news item on FDI drop

Meanwhile, the Finance Division described as factually incorrect and misleading a news item published in a section of the press claiming that Foreign Direct Investment flow into Pakistan had dropped by 20 per cent in 2019.

In an official statement, Finance Division clarified that a news report published in a segment of press has highlighted that Foreign Direct Investment inflows into Pakistan declined by 20 percent to $1.9 billion in 2019 against $2.4 billion in 2018.  

In this context, it is clarified that FDI data is collected on the basis of fiscal years, whereas the quoted figure is taken on calendar year basis.

Furthermore, on fiscal year basis, FDI has increased by 68.3 percent during July-December 2019 as compared to same period of last year from $0.797 billion to $1.341 billion.

Daily Pakistan Global Web Desk

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 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 - 20 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 293 296
UK Pound Sterling GBP 342.5 346
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 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
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 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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