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Ramazan package items unavailable in Utility Stores; being sold in open market by powerful mafia

11:59 AM | 27 Jun, 2016
Ramazan package items unavailable in Utility Stores; being sold in open market by powerful mafia
ISLAMABAD (Staff Report) - Subsidized staple food items announced by the government as part of its Rs 1.75 billion Ramazan Relief Package to be distributed at Utility Stores, however, are now more frequently available in the open market, where they are being sold at high profits by members of a powerful mafia.

Under the package, Ramazan specific items were to be made available to the general public at subsidised rates in Utility Stores across the country. Additionally, special discounted rates were announced for another 22 essential items.

However, only a few days into Ramzan, these items started disappearing off Utility Store shelves and making their way into the open market.

A storekeeper from Islamabad's G-6 sector told Daily Pakistan that supplies of many subsidized items had been discontinued since the very first week of Ramazan.

Meanwhile, some insiders claimed that the managements of Utility Stores had sold the subsidized items on the open market, at regular rates, and pocketed the difference.

"The rate of White Gram at Utility Stores is Rs. 115/kg while its open market rate is up to Rs. 200/kg. Now if one offers the same item at Rs. 150/kg, he will be able to make a huge profit," the insider maintained.

On the other hand, senior officials of Utility Stores Corporation of Pakistan have denied the claim that management sold the items in the open market.

Simultaneously, they agreed on the fact that many essential items, including White Gram and Basin, were not available at stores, however, they believed that high demand was the reason for the shortfall.

Ali Zain is a member of the staff at Daily Pakistan Global. He earned BS Communication Studies degree from University of the Punjab. His thesis titled "Cultural Continuity and Mass Media: An analysis of leading online newspapers of Pakistan" has been published as a book in Germany. He has also translated David Mathews' book "The Ecology of Democracy" into Urdu. He tweets at @alimaan.

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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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