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'Give subsidy to reduce Hajj expenses,' Senate panel set to contact PM Shehbaz

Web Desk 07:34 PM | 25 Mar, 2023
'Give subsidy to reduce Hajj expenses,' Senate panel set to contact PM Shehbaz
Source: Photo by Haydan As-soendawy

ISLAMABAD - To lessen the cost of Hajj for inflation-ridden Pakistani pilgrims, subsidy would be sought from the government, it emerged on Friday.

Senate Standing Committee on Religious Affairs and Interfaith Harmony would write a letter to the Prime Minister in this regard seeking subsidy for the pilgrims intending to perform the ritual this year.

Senator Abdul Ghafoor Haideri recently expressed that due to devaluation of Pakistan's currency, the cost of Hajj sky rocketed this year; however, subsidy would be sought from the government to share the burden of the pilgrims.

'The prime minister would be contacted in this regard as the increasing Hajj expenses are a burden on the masses,' he said as reported by ARY News. 

The process for Hajj has already been started by the government and the designated banks across the country are currently receiving the Hajj applications which would continue till March 31st. The balloting for successful applicants under the government scheme would be done on April 5th.

Pakistan’s quota for Hajj 2023 is 179,210 pilgrims. This is the first time that the government of Saudi Arabia has restored the number of pilgrims to pre-Covid levels. 

It is to be highlighted that 50 percent quota has been reserved for Sponsorship scheme which is a special facility given to Hajj pilgrims seeking foreign exchange from abroad in the specific dollar account of the religious affairs ministry.

Under the scheme, overseas Pakistanis would be able to get exemption from the usual balloting process but depositing dollars from Pakistan is not allowed. This facility would be available on 'first come first serve' basis.

Moreover, three percent (2,688) of the total seats under the government Hajj scheme will be reserved for hardship cases like newborns or broken families.

Pilgrims who have performed Hajj in the last five are not eligible to apply in the regular Hajj scheme this year but Mahram of women going to Hajj for the first time will be exempt from this condition.

The Hajj will take place in June this year and the government of Saudi Arabia is finalizing the details for the biggest religious event of the kingdom.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on June 8, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on June 08, 2023 (Thursday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 300 303
Euro EUR 319 322
UK Pound Sterling GBP 371 375
U.A.E Dirham AED 82.6 83.7
Saudi Riyal SAR 79 79.5
Australian Dollar AUD 202 204
Bahrain Dinar BHD 759.46 767.46
Canadian Dollar CAD 227 230
China Yuan CNY 40.28 40.68
Danish Krone DKK 41.09 41.49
Hong Kong Dollar HKD 36.4 36.75
Indian Rupee INR 3.46 3.57
Japanese Yen JPY 1.98 2.06
Kuwaiti Dinar KWD 928.09 937.09
Malaysian Ringgit MYR 61.94 62.54
New Zealand Dollar NZD 173.16 175.16
Norwegians Krone NOK 25.88 26.18
Omani Riyal OMR 742.38 750.38
Qatari Riyal ‎QAR 78.38 79.08
Singapore Dollar SGD 222.5 225
Swedish Korona SEK 26.36 26.65
Swiss Franc CHF 313.87 316.35
Thai Bhat THB 8.21 8.36

Today's gold rates in Pakistan | gold price in Pakistan – June 8, 2023

Gold Rate Today:

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 226,500 on Thursday. The price of 10 grams of 24k gold was recorded at Rs194,190.   

Likewise, 10 grams of 22k gold were being traded for Rs178,006 while a single tola of 22-karat gold was being sold at Rs 207,623.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

Gold Price in Pakistan: Lahore, Karachi, Islamabad

City Gold Silver
Lahore PKR 226,500 PKR 2125
Karachi PKR 226,500 PKR 2125
Islamabad PKR 226,500 PKR 2125
Peshawar PKR 226,500 PKR 2125
Quetta PKR 226,500 PKR 2125
Sialkot PKR 226,500 PKR 2125
Attock PKR 226,500 PKR 2125
Gujranwala PKR 226,500 PKR 2125
Jehlum PKR 226,500 PKR 2125
Multan PKR 226,500 PKR 2125
Bahawalpur PKR 226,500 PKR 2125
Gujrat PKR 226,500 PKR 2125
Nawabshah PKR 226,500 PKR 2125
Chakwal PKR 226,500 PKR 2125
Hyderabad PKR 226,500 PKR 2125
Nowshehra PKR 226,500 PKR 2125
Sargodha PKR 226,500 PKR 2125
Faisalabad PKR 226,500 PKR 2125
Mirpur PKR 226,500 PKR 2125

Daily Pakistan diligently monitors and updates the current gold rates in Pakistan on a daily basis

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