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No stay on CPEC-related projects, CJP orders Pakistani courts

04:37 PM | 4 Feb, 2018
No stay on CPEC-related projects, CJP orders Pakistani courts
ISLAMABAD - Chief Justice of Pakistan Justice Mian Saqib Nisar has directed all the civil courts that no ex-party stay orders are passed in respect of China-Pakistan Economic Corridor (CPEC) related projects.

The decision was made during special meeting of the National Judicial (Policy Making) Committee (NJPMC) on Saturday.

The CJP chaired the meeting in his capacity as the NJPMC chairman for consideration of Dispute Resolution Mechanism for the CPEC Projects. The meeting was attended by the members of the NJPMC, including judges of the Supreme Court, chief justices of high courts and the Federal Shariat Court.



According to a press release, the CJP informed the meeting that during his visit to China in 2017, the chief justice of the Supreme Court of China showed his concern over dispute resolution mechanisms to deal with likely disputes arising out of CPEC projects and “desired that some expeditious dispute resolution mechanism may be framed.”

The CJP told the NJPMC meeting that dispute resolution under the general law in Pakistan often took long time and the procedural and substantive laws required upgrading to this effect.

After hearing the viewpoint of senior judges and some top bureaucrats who attended the meeting on special invitation, Justice Nisar directed the chief justices to advise civil courts that no ex-party stay orders are passed in respect of CPEC related projects. The meeting of NJPMC was held after a gap of more than two years while it is required to be held four times a year.

Daily Pakistan Global Web Desk

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Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 20 May 2024

Pakistani currency rates against US Dollar and other currencies on May 20, 2024 (Monday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 20 May 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegian Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Baht THB 7.57 7.72

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