Pakistan Won Kabaddi World Cup 2020
Pakistan defeated arch-rival India by 43–41 points in an electrifying final on 16 February 2020 at the Punjab Stadium in Lahore. This is the first world cup title for Pakistan. Azerbaijan, Canada, England, and Germany also participated in the event and the matches were played in Lahore, Faisalabad, and Gujrat, Pakistan.
Government introduces Citizen Protection (Against Online Harm) Rules, 2020
Government of Pakistan on 12 February 2020 has introduced Citizen Protection (Against Online Harm) Act, 2020. The Act has already come into force. Under the Act, the social media networks are obliged to register their offices in Pakistan and will have to act immediately against any complain from the government.
PM Imran Khan renamed Benazir Income Support Program by Ehsas Kafalat Program
Prime Minister Imran Khan on 31 January 2020 renamed Benazir Income Support Program (BISP) by Ehsas Kafalat Program. The BISP was started in 2009 and currently about 5.8 million families are receiving financial help of Rs 2000 per month.
Pakistan Corruption Index
The PMLN government (2013-2018) was successful in curtailing corruption in Pakistan which was increased dramatically during Martial Law (1999-2008) and the first few years of the government of PPP (2008-2013). After the PMLN government, the corruption in Pakistan started increasing again and the corruption perception index worsened to 120 in 2019. The corruption perception index by transparency international estimates the perceived levels of public sector corruption. Below is the historical graph in detail.
PM inaugurated the newly constructed Dry Port in Nowshera, KP
Prime Minister Imran Khan inaugurated the newly constructed Dry Port in Nowshera district of Khyber Pakhtunkhwa on 10 January 2020. The dry port is spread over 28 acres. The first phase with the cost of 510 million rupees is now complete, and it would be developed further with time. The construction work on the dry port was started in June 2016.
The dry port is expected to facilitate trade and economic activities in Khyber Pakhtunkhwa. It is equipped with modern loading and unloading facilities, and the shipments transported to (or from) Karachi sea-port can easily be loaded (or unloaded) at the dry port before its onward national and international transportation.
Pakistan’s Current Affairs MCQs
Pakistan Army (Amendment) Act, 2020
National Assembly of Pakistan passed the Pakistan Army (Amendment) Act, 2020 on 7 January 2020. The Act deemed to have taken effect from 27 November 2019. According to the 2020 amendment, Army chief and Chairman Joint Chiefs of Staff Committee can be reappointed for a tenure up to 3 years. And, the reappointment cannot be questioned in any Court on any ground.
UK’s National Crime Agency charged Malik Riaz Hussain with £190 million fine
United Kingdom’s National Crime Agency (NCA) charged Malik Riaz Hussain, a real estate tycoon, a fine of £190 million (About 38.5 billion rupees) on 3 December 2019. All of the money belong to Pakistan and will be sent back to Pakistan. The £190 million settlement was concluded after investigating Riaz’s bank accounts in UK. It is expected that the government of Pakistan will launch a large scale investigation into the matter that how the money was earned and laundered to UK.
PM Launched “Digital Pakistan” Vision
Prime Minister Imran Khan launched “Vision Digital Pakistan” on 5 December 2019 in Prime Minister Office, Islamabad. The vision will be headed by a former senior Google executive Tania Aidrus and its headquarter will be based in the Prime Minister Office, Islamabad. Federal Minister for Information Technology Khalid Maqbool Siddiqui also addressed the ceremony. There are five proposed strategic pillars of this digital initiative: Access & Connectivity, Digital Infrastructure, E-Government, Digital Skill & Literacy, and Innovation & Entrepreneurship.
PM Lays Foundation Stone of Baba Guru Nanak University
PM Imran Khan lays the foundation stone of Baba Guru Nanak University in Nankana Sahib on 28 October 2019. Earlier, CM Punjab Usman Buzdar also laid down the foundation stone of the same university on 12 July 2019. Nankana Sahib in Punjab, Pakistan is the birth place of Guru Nanak who was the founder of Sikhism and the first of the ten Sikh Gurus. The estimated cost of the university is Rs 6 billion.
PM Launched Kamyab Jawan Scheme
Prime Minister Imran Khan launched Kamyab Jawan scheme to lend business loans to youth in Pakistan on 17 October 2019. The scheme is however basically a continuation of PM Youth Program launched in December 2013 by ex-Prime Minister Nawaz Sharif. Under the PM Youth Program (Now Kamyab Jawan Program) about 1,100,000 people have already received financial help between 2013 and 2018.
Pakistan and FATF
Financial Action Task Force (FATF) put Pakistan on a list of “jurisdictions with strategic deficiencies”, also known as the “grey list” for the first time on 28 February 2008. It remained on the grey list until 27 February 2015 when Pakistan was put on the white list. However, Pakistan was put on the grey list again on 29 June 2018, and is still on the grey list. The purpose of FATF is to combat money laundering and terrorism financing.
|Pakistan’s Policy Rate 2019
The insane policy rate of 13.25% by State Bank of Pakistan is expected to increase inflation and cause recession in the country.
Pakistan Elections 2018
The controversial general elections were held on July 25, 2018. Pakistan Tehreek-e-Insaf (PTI) was emerged as the largest political party in the elections. However, the PTI was supported by Pakistan Army and Judiciary.
The Rise and Fall of Pakistan Stock Exchange
The five year graph demonstrates the rise and fall of Pakistan Stock Exchange (PSX). With CPEC and better economic policies, Pakistan’s economy flourished between 2013 and 2018. However, the economy suffered due to conspiracy against the sitting government and the controversial general elections in 2018.
Signing ceremony of MoU between China and Pakistan on CPEC – July 05, 2013, Beijing. China Pakistan Economic Corridor (CPEC) is a series of under construction projects across Pakistan. It is an extensive network of roads, railways, pipelines, and others; connecting major parts of Pakistan with China. Read More
Public debt (also known as Government debt) is the debt owed by federal government of Pakistan. The Debt-to-GDP ratio was increased from 60.2% in 2013 to 61.4% in 2017.. Read More
The construction work of the 1223 MW Balloki power plant was completed on July 15, 2018.. Read More
PM Abbasi inaugurated the first unit of Neelum-Jhelum project on April 13, 2018, and on July 10, 2018 the power generation from the plant was increased to 726 MW.. Read More
Chief Minister Punjab Shehbaz Sharif inaugurated the fully operational Bhikki Power plant on May 19, 2018.. Read More
Prime Minister Shahid Khaqan Abbasi inaugurated the first unit of 1410 MW Tarbela 4th extension hydropower project on March 10, 2018.. Read More
Shanghai Cooperation organization (SCO) is an international organization. India and Pakistan have become full member of the organization on 9 June 2017. Read More
Chief Minister Punjab Shehbaz Sharif on June 6, 2017 launched “Patient Transfer Service” (PTS) to transport patients from lower health unit to higher health facility across the province. Read More
The Sahiwal coal-fired power plant inaugurated on 25 May 2017 is now operational. The installed capacity of the project is 2×660 = 1320 MW (2 units of 660 MW each). Read More
Current Affairs of Pakistan
Pakistan Affairs, Current Affairs related to Pakistan, News, Facts, Analysis, and current issues and developments in Pakistan.