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CPEC a ‘Game Changer,’ will make it a success, come what may, affirms army chief

08:56 PM | 12 Jul, 2017
CPEC a ‘Game Changer,’ will make it a success, come what may, affirms army chief
RAWALPINDI - Army Chief General Qamar Javed Bajwa says China-Pakistan Economic Corridor (CPEC) is truly a harbinger of economic development, peace, and prosperity in the region.

Addressing a function on CPEC Logistics in Rawalpindi on Wednesday, he said CPEC is also an affirmation of Pakistan's efforts for a peaceful and prosperous region.

He said unlike some other countries of South Asia, Pakistan believe in focusing its energies on peace and inclusiveness, rather than divisive competition.

He said, “the honourable President of China, Mr Xi Jinping’s grand vision of One Belt One Road (OBOR) has opened up a whole new world of opportunities for the countries of the region and beyond. CPEC, being an important project of OBOR, holds great promise for turning around the economies of Pakistan, Western China and the region. That is why we consider it as a “Game Changer,” he added.

"The bottom line is; we must ensure that the people of Pakistan benefit from CPEC to enjoy the fruits of prosperity. This will require leadership, collaborative spirit and capacity building at a much higher pace and level. While Army will provide security to the project, the other National Institutions will have to come forward and play their respective roles," the army chief said.

He further said, “let me assure the audience that the Army and law enforcement agencies are vigilant and are determined to provide foolproof security to CPEC. No one should have any doubt about our commitment to the project. We will make CPEC a success, Insha ALLAH, come what may.”

He said Chinese investment in various fields, including energy, infrastructure, Gwadar Port, and special economic zones can lay the foundation of a fast development Pakistan if the opportunity is optimally utilised.

Commenting on prevailing security situation in Pakistan, the Army Chief said the country is much safer today than before as peace has been restored in FATA and the adjoining areas.

He said normalcy is returning to Pakistan's economic hub of Karachi. Similarly, the law and order situation has improved significantly in Balochistan and there is a great focus on socio-economic development in the province.

The Army Chief said Pakistan is making steady, but sure-footed progress to get rid of the menace of terrorism and extremism.

The writer is a staff member. He has been affiliated with Pakistan's leading English newspapers and worked as News Producer at FM 107.4. Death (as...he believes...life is a station, and death is a longest journey from seen to unseen world), Rain, and winter's Full Moon 'Jarray ki Chandani' always fascinate him too much.

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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