Author: Faisal Shahnawaz

  • Dogecoin to Pakistani Rupee on August 22, 2022

    Dogecoin to Pakistani Rupee on August 22, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.23 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs14.71 at closing on August 21, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.07 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on August 21, 2022.

    READ MORE: Dogecoin to Pakistani Rupee on August 21, 2022

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    Ripple to Pakistani Rupee on August 22, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs72.20 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs72.73 at closing on August 21, 2022.

    The rate of Ripple in US Dollar (USD) is $0.33 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.34 at closing on August 21, 2022.

    READ MORE: Ripple to Pakistani Rupee on August 21, 2022

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    Bitcoin to Pakistani Rupee on August 22, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,570,752.68 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,580,864.97 at closing on August 21, 2022.

    The rate of Bitcoin in US Dollar (USD) is $21,183.83 on August 22, 2022 at 03:21 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,208.55 at closing on August 21, 2022.

    READ MORE: Bitcoin to Pakistani Rupee on August 21, 2022

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    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

  • Poll sees no policy rate change in August 22, 2022 meeting

    Poll sees no policy rate change in August 22, 2022 meeting

    KARACHI: The State Bank of Pakistan (SBP) is likely to keep key policy rate unchanged at 15 per cent in a meeting scheduled on Monday, August 22, 2022.

    According to analysts majority of market participants are expecting no change in policy rate.

    READ MORE: Pakistan hikes key policy rate by 125 basis points to 15%

    Topline Research conducted a Poll from market participants to assess their view on the upcoming Monetary Policy announcement scheduled on August 22, 2022.

    As per the survey, 56 per cent of the participants expects no change in policy rate in upcoming monetary policy. Around 43 per cent of the participants anticipates an increase whereas 1 per cent of the participants expects a decrease in policy rate.   

    Responding to second question on their view about policy rate by end of fiscal year 2022/2023, 45 per cent of the participants expects policy rate to be in the range of 12.01 per cent to 14 per cent and 5 per cent of the participants anticipate it to be in the range of 10 per cent-12 per cent by June 2023.

    In terms of outlook for Current Account Deficit (CAD), 39 per cent of the participants expect CAD to be below $9 billion in the current fiscal year while the remainder expects CAD to be higher than $9 billion in the fiscal year 2022/2023. To recall, CAD in in the fiscal year 2021/2022 had clocked in at $17.4 billion led by sharp uptick in imports.

    These results are also in line with our estimates where we think that policy rate will remain unchanged in upcoming monetary policy and are now near its peak where we can see a decline in policy rates in the second half of 2022/2023. 

    Since the last monetary policy announcement on July 7, 2022, expectation of improvement in external account has increased as Pakistan signed staff level agreement with International Monetary Fund (IMF) on July 13, 2022 and IMF’s board is likely to approve tranche of $1.2 billion.

    Due to import curtailment measures, imports in July 2022 also fell by 38 per cent MoM to $4.9 billion leading to 47 per cent lower trade deficit in July 2022 as per Pakistan Bureau of Statistics (PBS). 

    Consequently, Pakistan Rupee (PKR) has also started strengthening after making a low of Rs240 on July 28, 2022, it has strengthened to Rs216 against USD in the interbank market. These positive news flows have increased prospects of status quo in upcoming monetary policy.

  • Bitcoin to Pakistani Rupee on August 21, 2022

    Bitcoin to Pakistani Rupee on August 21, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,580,864.97 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,546,634.34 at closing on August 20, 2022.

    The rate of Bitcoin in US Dollar (USD) is $21,208.55 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,160.42 at closing on August 20, 2022.

    READ MORE: Bitcoin to Pakistani Rupee on August 20, 2022

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    Ripple to Pakistani Rupee on August 21, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs72.73 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs73.07 at closing on August 20, 2022.

    The rate of Ripple in US Dollar (USD) is $0.34 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.34 at closing on August 20, 2022.

    READ MORE: Ripple to Pakistani Rupee on August 20, 2022

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    Dogecoin to Pakistani Rupee on August 21, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.71 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs14.92 at closing on August 20, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.07 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on August 20, 2022.

    READ MORE: Dogecoin to Pakistani Rupee on August 20, 2022

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    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

  • Ripple to Pakistani Rupee on August 21, 2022

    Ripple to Pakistani Rupee on August 21, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs72.73 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs73.07 at closing on August 20, 2022.

    The rate of Ripple in US Dollar (USD) is $0.34 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.34 at closing on August 20, 2022.

    READ MORE: Ripple to Pakistani Rupee on August 20, 2022

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    Dogecoin to Pakistani Rupee on August 21, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.71 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs14.92 at closing on August 20, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.07 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on August 20, 2022.

    READ MORE: Dogecoin to Pakistani Rupee on August 20, 2022

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    Bitcoin to Pakistani Rupee on August 21, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,580,864.97 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,546,634.34 at closing on August 20, 2022.

    The rate of Bitcoin in US Dollar (USD) is $21,208.55 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,160.42 at closing on August 20, 2022.

    READ MORE: Bitcoin to Pakistani Rupee on August 20, 2022

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    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

  • Dogecoin to Pakistani Rupee on August 21, 2022

    Dogecoin to Pakistani Rupee on August 21, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.71 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs14.92 at closing on August 20, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.07 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on August 20, 2022.

    READ MORE: Dogecoin to Pakistani Rupee on August 20, 2022

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    Ripple to Pakistani Rupee on August 21, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs72.73 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs73.07 at closing on August 20, 2022.

    The rate of Ripple in US Dollar (USD) is $0.34 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.34 at closing on August 20, 2022.

    READ MORE: Ripple to Pakistani Rupee on August 20, 2022

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    Bitcoin to Pakistani Rupee on August 21, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,580,864.97 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,546,634.34 at closing on August 20, 2022.

    The rate of Bitcoin in US Dollar (USD) is $21,208.55 on August 21, 2022 at 09:21 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,160.42 at closing on August 20, 2022.

    READ MORE: Bitcoin to Pakistani Rupee on August 20, 2022

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    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

  • Bitcoin to Pakistani Rupee on August 20, 2022

    Bitcoin to Pakistani Rupee on August 20, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,546,634.34 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,758,151.75 at closing on August 19, 2022.

    The rate of Bitcoin in US Dollar (USD) is $21,160.42 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,953.18 at closing on August 19, 2022.

    READ MORE: Bitcoin to Pakistani Rupee on August 19, 2022

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    Ripple to Pakistani Rupee on August 20, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs73.07 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs75.03 at closing on August 19, 2022.

    The rate of Ripple in US Dollar (USD) is $0.34 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.35 at closing on August 19, 2022.

    READ MORE: Ripple to Pakistani Rupee on August 19, 2022

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    Dogecoin to Pakistani Rupee on August 20, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.92 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs15.23 at closing on August 19, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.07 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on August 19, 2022.

    READ MORE: Dogecoin to Pakistani Rupee on August 19, 2022

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    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

  • Ripple to Pakistani Rupee on August 20, 2022

    Ripple to Pakistani Rupee on August 20, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs73.07 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs75.03 at closing on August 19, 2022.

    The rate of Ripple in US Dollar (USD) is $0.34 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.35 at closing on August 19, 2022.

    READ MORE: Ripple to Pakistani Rupee on August 19, 2022

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    Dogecoin to Pakistani Rupee on August 20, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.92 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs15.23 at closing on August 19, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.07 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on August 19, 2022.

    READ MORE: Dogecoin to Pakistani Rupee on August 19, 2022

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    Bitcoin to Pakistani Rupee on August 20, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,546,634.34 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,758,151.75 at closing on August 19, 2022.

    The rate of Bitcoin in US Dollar (USD) is $21,160.42 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,953.18 at closing on August 19, 2022.

    READ MORE: Bitcoin to Pakistani Rupee on August 19, 2022

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    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

  • Dogecoin to Pakistani Rupee on August 20, 2022

    Dogecoin to Pakistani Rupee on August 20, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) is Rs14.92 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs15.23 at closing on August 19, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.07 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on August 19, 2022.

    READ MORE: Dogecoin to Pakistani Rupee on August 19, 2022

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    Ripple to Pakistani Rupee on August 20, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) is Rs73.07 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs75.03 at closing on August 19, 2022.

    The rate of Ripple in US Dollar (USD) is $0.34 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.35 at closing on August 19, 2022.

    READ MORE: Ripple to Pakistani Rupee on August 19, 2022

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    Bitcoin to Pakistani Rupee on August 20, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs4,546,634.34 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,758,151.75 at closing on August 19, 2022.

    The rate of Bitcoin in US Dollar (USD) is $21,160.42 on August 20, 2022 at 08:33 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $21,953.18 at closing on August 19, 2022.

    READ MORE: Bitcoin to Pakistani Rupee on August 19, 2022

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    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

  • Pakistan Customs foils attempt to clear banned items

    Pakistan Customs foils attempt to clear banned items

    KARACHI: Pakistan Customs has foiled a major attempt to clear items that are banned for importer into the country.

    A statement issued on Friday stated that the Collectorate of Customs Appraisement (West), Federal Board of Revenue (FBR) Karachi had foiled a major attempt to clear high value and high tariff miscellaneous goods mostly banned items vide SRO-598(I)/2022.

    READ MORE: FBR starts penal action against non-filing of asset declarations

    A consignment imported from UAE by M/s. Riz Green Industries declared to contain ‘old & used tyre scrap’ marked by system in yellow channel was suspected and referred for detailed examination at Karachi International Container Terminal (KICT).

    Upon thorough examination, miscellaneous goods including artificial jewellery, furnishing fabric, laptops, tablets, mobile phones, auto parts, food supplements, cereals, cosmetics, DVRs and home electronics, etc were recovered from 09 out of 10 containers.

    READ MORE: FBR announces prize winners in eighth draw of POS invoices

    The assessed value of recovered goods is estimated at Rs. 453 million involving duty and taxes worth around Rs. 400 million.

    It is an unprecedented case/detection by any clearance Collectorate. FIR has been lodged and one person has been arrested. Further investigation is underway.

    READ MORE: FBR directs Customs officials to declare dual nationality

    Chairman FBR/Secretary Revenue Division Asim Ahmad has commended the successful operation by the Customs Appraisement team and reiterated his unflinching resolve to fight the menace of smuggling in all forms and manifestations.

    It is also pertinent to mention that Chairman FBR has already issued special instructions to Customs Field Formations for stepping up vigilance at airports and land border stations to frustrate any attempts made for smuggling.

    READ MORE: FBR allows tax refund deducted through electricity bills

  • PHF stresses on focusing humanitarian crisis

    PHF stresses on focusing humanitarian crisis

    ISLAMABAD:  Pakistan Humanitarian Forum (PHF) on Friday stressed need to focus on climate change and humanitarian crisis.

    PHF also called for tangible steps and actions at program and policy level to deal with humanitarian crisis.

    The forum along with its member organizations is actively monitoring the situation and fully engaged with the government of Pakistan to provide a timely response and to conduct the need assessment of the affected population.

    PHF member organizations are Islamic Relief, HHRD, Muslim Hands, Human Appeal, WHH, Concern, ACF, Save the children, AKAH, Care International, Muslim Aid, International Rescue Committee, Mercy Corps, IMC, Tearfund, ACTED, CESVI and Qatar Charity are fully present in affected districts of Balochistan Quetta, Pishin, Kachi, Mach, Lasbela, Killa Abdullah, Kalat, Sibi, Jhal Magsi, Kot Magsi, Kalaat, Noshki, and Killa Saifullah), KP (Peshawar, Laki Marwat, Shangla), Punjab (D.G. Khan, Tounsa Shareef, Rajanpur, Jhang, Mianwali, Rajanpur, Lahore, and Rahimyar Khan), Sindh (Karachi, Keemari, Hyderabad, Dadu, Thatta, Badin, Mirpur Khas, Jamshoro, and Soomar Goth), and GB ( Gilgit-Baltistan and Chitral and providing relief and rescue operation in full zeal.

    Collectively these organizations have reached out to around 109,441 beneficiaries and 15,635 households by providing cooked meals, dry fruit parcels, filtered water, NFIs, Shelter, and Health & hygiene support.

    While visiting the affected part of Balochistan, the Country Director of Islamic Relief, Asif Sherazi mentioned that “The areas of Noshki and Panjpai haven’t seen such rains for decades, resulting in damages that require urgent attention. Even the partially damaged houses are not livable forcing people to spend days and nights in open under extremely hot weather conditions.”

    He further added “Keeping in mind the scale of damages and losses, we need to work in close collaboration to create long-term impact. As we are in the early recovery phase, there is a dire need to focus more on disaster preparedness at national and provincial levels to minimize the risks in the years to come.”

    While visiting Balochistan during ongoing flood situation, we have realized that people are in dire need of shelter, food, and non-food items. Though Muslim Hands provided immediate response and reached out to 27,000 people by providing food staples, cooked meals, clean drinking water and NFIs.

    However, the situation is still worst, and an integrated approach is required to cater the needs of flood affectees said, Javed Gillani, Country Director, Muslim Hands.

    To better provide the response services, Dr. Farah Naureen, Country Director, Mercy Corps shared, that $40,000 will be invested in District Quetta to cater the needs of 300 families 1950 individuals by providing food and non-food items.

    While responding to the situation and holding the meeting with provincial and national authorities to provide coordination support to mobilize resources at all levels for the ongoing flood emergency, Shahid Kazmi, Country Coordinator, PHF shared that “PHF and NHH (National Humanitarian Network) are rapidly providing the response services and are speeding up the efforts for resource mobilization to provide extensive relief operations to and meet the people’s needs at all levels”.

    “He further added that the only challenge that INGOs, and NGOs have faced is the lack of emergency appeal and formal request for assistance for scaling up the flood response at different levels”.

    “He also shared that on World Humanitarian Day, we must reaffirm our commitment to take tangible steps to combat climate change and focus on the initiatives that help to make this country resilient and prosperous”.

    World Humanitarian Day, commemorated every year to advocate for the survival, well-being, and dignity of people affected by crises, and for the safety and security of aid workers.

    This year World Humanitarian Day is celebrated at a crucial time, especially in the countries that are suffering from the visible impact of climate change.

    The monsoon emergency and the post-COVID-19 situation in many South Asian countries are giving a very tough time. Pakistan is on the top list of those countries that are quite vulnerable to climate change.

    Pakistan Humanitarian Forum along with its member organizations is always at the forefront to provide support in any kind of humanitarian crisis in the country.

    The forum along with its member organizations played a substantial role during COVID-19 by reaching out to 11.1 million people in Pakistan through intervention in different sectors including food security, water, sanitation and hygiene, and health and education with a total investment of Rs9.7 billion.

    This year, unlike recent years, devastating monsoon floods gave a stark reminder that Pakistan is bearing the consequences of the climate emergency.

    Increased casualty rate, economic losses, and damage to infrastructure and livelihood causing a huge impact on vulnerable populations calls for an immediate yet coordinated humanitarian relief and response.

    According to the latest statistics, over 1 million people are badly affected by heavy rains and floods in Pakistan, mostly in Sindh (436,000 people), Balochistan (360,000 people), and Punjab (119,000 people) provinces. As per the updated statistics of NDMA, a total of 635 people died and 1016 people were injured.

    More than 1800 houses were badly damaged, and 110,440 livestock perished. People in the affected region are in higher need of shelter, food, and non-food items along with services required for health, education, and protection.