Current Affairs of Pakistan

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Coronavirus in Pakistan
Deaths: 5,426
Total Cases: 257,914

PAKISTAN CURRENT AFFAIRS

  • Foreign minister Shah Mehmood Qureshi and PM’s assistant on health Zafar Mirza test positive for Covid-19.
  • At least 44 doctors have been died while fighting Covid-19.
  • European Union on 30 June 2020 has banned PIA flights into Europe for 6 months after aviation minister’s revelation that one third of pilots have forged certificates. Many other countries have also grounded Pakistani pilots.
  • Pakistan Stock Exchange came under terrorist attack on 29 June 2020. All terrorists are neutralized by security forces.
  • Federal government has increased petroleum prices by a whopping Rs 25.
  • Former Jamat-e-Islami chief Syed Munawwar Hassan passes away in Karachi.
  • Pakistan has resumed international flight operation.
  • Supreme Court on 19 June 2020 quashed a reference against Justice Qazi Faiz Isa and has referred the case to FBR. The ill-willed reference against the judge is a move to stop him from the future Chief Justice of Pakistan.
  • Federal government on 12 June 2020 presented federal budget of total outlay of Rs. 7,294.9 billion for the financial year 2020-21.
  • Pakistan’s provisional GDP growth rate for the financial year 2020 is recorded as –0.38%.
  • Since 8 June 2020, at least 100 people are dying everyday in Pakistan.
  • State Bank of Pakistan on 25 June 2020 has reduced the policy rate to 7%.
  • 16 April 2020: Pakistan received major relief in debt payments for one year from different financial institutions including the IMF.
  • Pakistan on 9 April 2020 has pledged $3 million for SAARC Corona Relief Fund.
  • The current US Dollar rate in Pakistan is: $1 = Rs 166.7
  • PSX (10 July 2020): Index: 36,190.40   Change: Δ 0.13%

RELATED PAGE
Pakistan’s Current Affairs MCQs (Current Affairs of Pakistan Multiple Choice Questions; MCQs)

GSP Plus Status of Pakistan extended up to 2022

European Union on 6 March 2020 has extended Pakistan’s GSP Plus Status until 2022. The European Parliament on 11 December 2013 granted GSP Plus status to Pakistan which allowed Pakistan to export products without duties to 27 European States.

Pakistan Super League (PSL) 2020

Pakistan Super League (PSL) 2020 (Season 5) is starting on 20 February 2020. NOTE: PSL was suspended due to Covid-19. Read More..

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. On 9 March 2020, PM Imran Khan launched Benazir Income Support Program (now Ehsas Kafalat Program) in Mohmand Agency KPK and said it is our religious duty to take care of the less privileged people in the country.

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 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 2020
State Bank of Pakistan has reduced the policy rate from insane 13% to 7% in a few months.

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.

China-Pakistan Economic Corridor (CPEC)

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

Pakistan’s Public Debt

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

Balloki Power Plant

The construction work of the 1223 MW Balloki power plant was completed on July 15, 2018.. Read More

Neelum-Jhelum Hydropower Project

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

Bhikki Power Plant, Sheikhupura

Chief Minister Punjab Shehbaz Sharif inaugurated the fully operational Bhikki Power plant on May 19, 2018.. Read More

Tarbela 4th Extension Hydropower Project

Prime Minister Shahid Khaqan Abbasi inaugurated the first unit of 1410 MW Tarbela 4th extension hydropower project on March 10, 2018.. Read More

Pakistan has become a full member of SCO
SCO

Shanghai Cooperation organization (SCO) is an international organization. India and Pakistan have become full member of the organization on 9 June 2017. Read More

Patient Transfer Service launched in Punjab

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

Sahiwal Coal-Fired Power Plant has become operational

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
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