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Human capital development 'is the cornerstone of Pakistan’s growth and development strategy'

Pakistan shows global leadership in initiating programs for poverty alleviation, universal Health Delivery services, environmental protection, improving human capital and curbing corruption

06:00 PM | 28 Jan, 2022
Human capital development 'is the cornerstone of Pakistan’s growth and development strategy'

ISLAMABAD – The World Economic Forum Shares its Executive Opinion data with the country partner institute, Mishal Pakistan. The survey is an invaluable and unique source of high quality perceptions data providing globally comparable proxies for critical aspects of socio-economic development.

The Executive Opinion Survey is an invaluable and unique source of high-quality perceptions data providing globally comparable proxies for critical aspects of socio-economic developments. The data being shared by WEF shows Pakistan’s value scores on more than 148 indicators.

The data indicates that Pakistan has shown tremendous progress and achievements made by the government to have more future oriented policies and approaches. The government’s short term and long-term vision has shown improvements as it is 4.42 this year from 3.88 last year. The personal dynamism of the top leadership in the country has also been instrumental in changing the perception of Pakistan.

Pakistan has also shown global leadership in putting more emphasis on human dignity and social capital values through its Ehsaas Program. Pakistan has discovered the only solution (of CoronaVirus) is a smart lockdown, which allows for economic activity with standard operating procedure. Pakistan is amongst the pioneers of this approach. The world widely acknowledged Pakistan’s anti-Covid efforts through smart lockdown strategy, mainly focusing on balanced between lives and livelihood.

The Government’s vision to provide universal health services through the health cards for addressing people's issues related to health and environment friendly initiatives in order to have a clean and green Pakistan are unprecedented in the history of the region.

Pakistan's apex anti corruption organization, NAB under the present management, has taken various steps in curbing corruption which has started yielding results. NAB during 2021, processed 30405 complaints, authorized 1681 complaint verifications, 1326 inquiries, 496 investigations and recovered Rs. 323 billion directly and indirectly in 2020 which is remarkable achievement as compared to previous years of NAB. Due to NAB's effective communication strategy, people are now more aware about the ill effects of corruption and corrupt practices.

The Pakistan Competitiveness Report will be published and launched by Mishal Pakistan in 2022 which will be the flagship Report for Pakistan to showcase its economic progress through leadership, social resilience, and business dynamism. Competitiveness Reports are designed to help policy-makers, business leaders and other stakeholders shape their economic strategies in the era of the Fourth Industrial Revolution. It will also serve as a call to action to engage in the visionary and bold leadership required to build a new economic agenda for growing sustainable and inclusive economies that provide opportunity for all.

Mishal Pakistan is the Country Partner Institute of the New Economy and Societies Platform, World Economic Forum. Mishal is Pakistan’s leading strategic communication and research company. Mishal is responsible for generating primary data on more than 200 indicators measuring Pakistan’s competitiveness. Mishal’s foremost domain of activity is behavior change and strategic communication with a spotlight on public policy, perception, and reputation management.

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 2 March 2024

Pakistani rupee remains largely stable against USD and other currencies in the open market on March 2, 2024 (Saturday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 302.5 for buying and 305.5 for selling while British Pound rate stands at 354 for buying, and 359 for selling.

UAE Dirham AED hovers at 76.3 whereas the Saudi Riyal saw slight increase, with new rates at 74.5.

Today’s currency exchange rates in Pakistan – March 2, 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 302.5 305.5
UK Pound Sterling GBP 354 359
U.A.E Dirham AED 76.3 77
Saudi Riyal SAR 74.5 75.3
Australian Dollar AUD 181 183
Bahrain Dinar BHD 737.97 745.97
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.23 40.63
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 901.62 910.62
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 168.97 170.97
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 27.13 27.43
Swedish Korona SEK 314.07 316.57
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89

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