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Pakistan set to launch aggressive space programme

09:18 PM | 29 Apr, 2018
Pakistan set to launch aggressive space programme
ISLAMABAD - Space and Upper Atmosphere Research Organisation of Pakistan has planned to launch an aggressive space programme during next fiscal year.

SUPARCO has decided to kick off these projects to reduce dependence on foreign satellites for civil and military purposes.

According to media reports, the budget for Space and Upper Atmosphere Research Organisation for the upcoming fiscal year 2018-19 is Rs4.70 billion which includes Rs2.55bn for three new projects.

https://en.dailypakistan.com.pk/pakistan/pakistan-acquires-paksat-mmi-communication-satellite-from-china/

The funding includes allocation of Rs1.35bn for Pakistan Multi-Mission Satellite (PakSat- MM1) and the country is also planning to establish Pakistan Space Centre in Karachi, Lahore and Islamabad with the allocation of Rs1bn.

The third project is the establishment of Space Application Research Centre in Karachi with the budget of Rs200 million in 2018-19.

https://en.dailypakistan.com.pk/pakistan/pakistan-china-develope-satellite-to-monitor-cpec/

These projects would help  Pakistan developing a self-reliance capacity and reduce dependence on foreign satellites, mainly the US and French satellites for civil and military communications.

Analysts have stressed that advanced space programme was the need of time not only due to growing demand from the civil communications, including the GPS, mobile telephony and the internet but due to changing defense scenario in the region also.

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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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