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PML-N MNAs to get Rs1b each for development schemes

10:38 AM | 25 Mar, 2016
PML-N MNAs to get Rs1b each for development schemes
ISLAMABAD (Web Desk) - Prime Minister Nawaz Sharif has asked Finance Minister Ishaq Dar to allocate Rs one billion to each ruling party’s MNAs for development schemes.

PM Nawaz issued this instruction while chairing a ruling party’s core meeting, which was attended by the PML-N’s senior leadership including Finance Minister Dar, Interior Minister Chaudhry Nisar Ali Khan and Hamza Shahbaz Sharif.

According to media reports, during the meeting the prime minister received detailed briefing on how to strengthen constituencies of PML-N sitting MNAs across the country.

Ruling party leaders were of the opinion that voters of the constituencies might not be attracted by the PM’s mega initiatives if the streets and roads of their neighbourhood were not built.

These leaders urged the prime minister to allocate around Rs1 billion to each of the PML-N’s National Assembly lawmaker for fiscal year 2016-2017. They said the same amount should also be given to respective lawmakers in the next fiscal year, which will be the last financial year before the 2018 general elections.

Sources said the prime minister agreed with their point of view and directed Dar to immediately arrange around Rs 300 billion for development schemes at the constituencies.

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 17 April 2024

Pakistani currency saw minor adjustment against global currencies on April 17, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293.15 for buying and 296.1 for selling while British Pound stands at 344.25 for buying, and 347.6 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 - 17 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.4
Euro EUR 293.15 296.1
UK Pound Sterling GBP 344.25 347.6
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 201 203
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 902.26 911.26
Malaysian Ringgit MYR 58.24 58.84
New Zealand Dollar NZD 164.75 166.75
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.07
Singapore Dollar SGD 204.5 206.5
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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