Islamabad: A delegation of World Health Organization (WHO) comprising Roberto Iglesias, Consultant, and Santiago Carrillo expert on Track and Trace on Tuesday called on Chairman Federal Board of Revenue (FBR) Malik Amjed Zubair Tiwana at FBR Headquarters.

Member IR (Operations) Mir Badshah Khan Wazir was also present on the occasion, said a statement. During the meeting, matters pertaining to tobacco taxation were discussed.

They also deliberated upon operational challenges in implementation and enforcement of track and trace system on tobacco sector in order to eliminate the menace of illicit trade of tobacco.

Islamabad: Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday reiterated Pakistan’s commitment to engage with the United Nations Development Programme (UNDP) in a constructive manner to achieve shared goals of reducing poverty, increasing prosperity, and promoting sustainable development.

He said this during a meeting with Kanni Wignaraja, Assistant Secretary General, Assistant Administrator and Director of Regional Bureau for Asia and the Pacific, along with the Country Representative of UNDP in Pakistan, according to a Finance Ministry news release.

During the meeting, the two sides discussed collaboration between the Government of Pakistan and UNDP in addressing key developmental challenges and promoting sustainable development. The minister appreciated Ms Kanni Wignaraja and the UNDP Pakistan Country Office team for their unwavering support to the Pakistan, particularly during critical times such as the 2022 floods.

He also expressed appreciation for UNDP’s support in mobilizing national and international expertise for inclusive and innovative development financing for Pakistan.

The minister highlighted the government’s focus on implementing policy reforms to unleash the country’s growth potential. He said that Pakistan had initiated discussions with the International Monetary Fund (IMF) for an Extended Fund Facility (EFF) to support its economic reform agenda.

Ms. Kanni Wignaraja commended Pakistan’s commitment to sustainable development and expressed UNDP’s dedication to supporting the country’s efforts for achieving its development goals. She emphasized the importance of continued collaboration and partnership between Pakistan and UNDP to address the challenges and opportunities for sustainable development in the region.

She also presented to the minister a copy of the recently launched report of UNDP titled “Doing Digital for Development,” tailored specifically for Pakistan, highlighting the critical role of digital technologies in advancing development initiatives within the country. The two sides reaffirmed their commitment for continued collaboration and partnership to address the challenges faced by Pakistan and to achieve sustainable development goals.

Karachi: Pakistani Rupee on Tuesday depreciated by 04 paisa against the US dollar in the interbank trading and closed at Rs 278.37 against the previous day’s closing of Rs 278.33.

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 277.5 and Rs 280.25 respectively.

The price of the Euro increased by 53 paisa to close at Rs 297.16 against the last-day closing of Rs 296.63, according to the State Bank of Pakistan (SBP).

The Japanese Yen remained unchanged to close at Rs 1.79, whereas a decrease of 28 paisa was witnessed in the exchange rate of the British Pound, which was traded at Rs343.98 compared to the last closing of Rs 344.26.

The Emirates Dirham and the Saudi Riyal increased by 01 paisa each to close at Rs 75.79 and Rs 74.21.