SBP releases $50m for govt Hajj scheme

Business Apr, 28 2023
SBP releases $50m for govt Hajj scheme
  • 237
  • 0

KARACHI: State Bank of Pakistan (SBP) released first tranche of $ 50 million to Pakistani Hajj Mission in Saudi Arabia for government Hajj scheme 2023.

As per sources within Ministry of religious affairs, government was asked to provide $ 213 million for Hajj scheme. SBP sources said that amount of $ 213 million will be given to Ministry of Religious Affairs in four installments within three to four days.

Finance Ministry has also released second tranche of $ 40 million to State Bank of Pakistan. Amount of $ 213 million is being given to Ministry for fares of airlines, residence, transport and other taxes of pilgrims performing Hajj this year under government scheme.

Quota of 89,605 pilgrims willing to perform Hajj under government quota was fixed by incumbent government for this year but Ministry received around 80,000 applications.

Eralier Minister for Religious Affairs and Interfaith Harmony Senator Muhammad Talha Mahmood was briefed that first Hajj flight would take off on May 20, from Pakistan.

Secretary Religious Affairs Aftab Akbar Durrani briefing Minister informed that Hajj fight operation would likely to be concluded on June 21.

Published in The Daily National Courier, April, 28 2023

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

NC Big Stories

Army Chief reiterates resolve to thwart nefarious designs of inimical elements

PESHAWAR: Amid rising terror incidents in Pakistan, Chief of Army Staff (COAS) General Asim Munir yesterday reiterated the army’s firm resolve to eradicate the illegal spectrum undermining national security, a statement from the military’...

PM Shehbaz forms panel to end PPP-PML-N rift

ISLAMABAD: Following PPP Chairman Bilawal Bhutto Zardari’s complaints against the incumbent government, Prime Minister Shehbaz Sharif has constituted a committee to resolve the issues between Pakistan Muslim League-Nawaz (PML-N) and Pakistan Pe...

Federal Ombudsman chairs 'open court' in District Central

KARACHI: An open court was held at the Deputy Commissioner's Office, Central Karachi, under the chairmanship of Federal Ombudsman Syed Anwar Haider. Deputy Commissioner Central Taha Saleem, Additional Deputy Commissioners Asim Siddiqui and Dr. Saira...

Hina Bayat discusses rising divorce rates

Hina Bayat Khawaja is one of Pakistan’s most beloved and versatile actresses, known for her insightful opinions and candid approach to life. Having enjoyed a successful career, she is highly regarded, and her views carry significant weight. Hin...

More like this
Related

Rohde & Schwarz Pakistan concludes day 01 of IDEAS 2024 on a positive note

KARACHI: 12th edition of IDEAS 2024 got underway today i.e. 19th November 2024 at Kashmir Hall, Karachi Expo Centre, Karachi. inauguration ceremony was a grand affair attended delegates, exhibitors, senior members of armed forces and selected members...

Gold prices hit one-week high

KARACHI: Gold prices continued their upward momentum on Wednesday, marking a one-week high as investors sought the safety of the precious metal amid growing geopolitical uncertainty, particularly the escalating Russia-Ukraine conflict. Spot gold ros...

Profit-taking drags PSX down, KSE-100 falls by 310 points

KARACHI: The Pakistan Stock Exchange (PSX) saw profit-taking on Wednesday, resulting in a decline of 310 points in the benchmark KSE-100 Index, which closed at 95,546.45, down 0.32%. The session began on a positive note, with the KSE-100 rising to a...

Ahsan Iqbal proposes GSP-Plus and 5Es framework for export-led growth

ISLAMABAD: Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, proposed a comprehensive strategy to align the European Union’s Generalized Scheme of Preferences (GSP-Plus) program with Pakistan’s 5Es framewo...
Need Help? Chat with us