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PM Nawaz lays foundation stone of Kurram Tangi Dam in North Waziristan

04:12 PM | 3 Mar, 2017
PM Nawaz lays foundation stone of Kurram Tangi Dam in North Waziristan
ISLAMABAD - Prime Minister Nawaz Sharif on Friday laid the foundation stone of Kurram Tangi Dam in North Waziristan.

Addressing on this occasion, the prime minister said that democratic process would be promoted in FATA as constitutional amendment would be made to bring it into the mainstream. He said that comprehensive reforms were being brought for the FATA development, and share in development funds in NFC would be allocated for it.

He said that Kurram Tangi dam was a long-term project, which would be completed on fast track. He said that FATA development was among the top priorities of the government. He said that development and prosperity would replace the sense of fear among the people.

He said that displaced persons would be rehabilitated this year, adding that the people of Waziristan have offered sacrifices for peace in the country.

“The Kurram Tangi Dam project will cost Rs23 billion and will be completed in two phases. The first phase will be funded by US Aid while the expenses for the second phase will be covered by the government,” announced Nawaz.

The dam will produce 83.4 MW of electricity and can store 1.2 million acre-feet (MAF) amount of water. The dam will be completed in two phases, of which the first phase will be completed in three years' time.

The dam will also help overcome floods in the area and bring about socio-economic improvement in the area, Radio Pakistan reported.

Kurram Tangi Dam is a low cost, environment friendly project, which will also irrigate a vast area in North Waziristan and Khyber Pakhtunkhwa.

The federal government has intensified its efforts to eliminate energy crises in the country and Tangi dam would also play a pivotal role in mitigating load shedding crises in future.

The writer is a civil servant.

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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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