Here, you can seek Current Affairs MCQs of Pakistan and the World’s Current year important events, dates, accidents and issues in 2021, 2022 and 2023. Pakistan Current Affairs sample test and practise questions for job Test. Current Affairs of Pakistan, first in Pakistan, Important issues, current govt ministries etc. So, you will find in this category the updated 2022 Current affairs of Pakistan Mcqs.
The Pakistan Economic Survey 2022-23 provides a snapshot of the country’s economic performance over the past year. Despite facing significant challenges like devastating floods and a global economic slowdown, Pakistan’s economy showed resilience, with a small GDP growth of 0.29%. This survey covers various sectors, including agriculture, industry, and services, and highlights their contributions and struggles. This article summarizes some most important key facts and figures from the survey, offering valuable insights to help you understand Pakistan’s economic landscape and prepare effectively for FPSC tests.
The article “Re-profiling Chinese debt” by Khurram Husain discusses Pakistan’s attempt to renegotiate $27 billion worth of debt owed to China, Saudi Arabia, and the UAE. Finance Minister Muhammad Aurangzeb revealed this during a press conference, though he initially focused on tax burdens. His visit to China, following Prime Minister Shehbaz Sharif’s trip a month earlier, aimed to address this debt under the IMF’s requirements. The discussions are in the early stages, involving talks with the Chinese power project sponsors and financial market players, including the People’s Bank of China. The challenge lies in meeting the equity return guarantees for these sponsors amid Pakistan’s foreign exchange constraints. Aurangzeb mentioned hiring local advisers for structuring their approach and floating a Panda bond, though skepticism exists about its feasibility given Pakistan’s current financial state. The urgency is emphasized by the need to reach an agreement before the IMF staff-level agreement can be finalized. Delays could risk economic stability, with the IMF likely to show limited leniency, as indicated by » Read More…
The article discusses the escalating tensions between the US and China and its implications for Pakistan, which maintains significant economic and military ties with both global powers. Given the complexity of its relationships, Pakistan must develop a contingency plan to navigate the potential fallout if relations between the US and China deteriorate further. The recent statement by US diplomat Donald Lu, indicating that the Biden administration had requested $101 million from Congress for Pakistan, and suggesting that the US represents the future for Pakistan over China, underscores the challenges Pakistan faces in maintaining neutrality. The Foreign Office of Pakistan emphasized that Pakistan values its relationships with both nations, describing China as an “all-weather strategic cooperative partner.” The editorial argues that while investment and cooperation from various global players are essential, the US’s $101 million offer is insufficient to shift Pakistan’s strategic alliances. The article advocates for Pakistan to balance its ties with the US and China without compromising its national interests. It also highlights the need for Pakistan to focus on improving relations with its immediate neighbors, including Iran, Afghanistan, China, and India, » Read More…
The article explores the stagnant state of diplomatic relations between India and Pakistan, highlighting that the prospects for engagement remain bleak. Despite Pakistan hosting a multilateral summit in October as part of its role as the rotational chair of the Shanghai Cooperation Organisation (SCO), there is little hope for a thaw in relations. There is no indication that either side is willing to use this summit as an opportunity for bilateral re-engagement, and it is unlikely that Indian Prime Minister Narendra Modi will attend. The article also discusses the role of sports as a barometer of diplomatic relations, noting that the strained ties have affected cricket diplomacy. The Indian cricket team is expected to avoid traveling to Pakistan for the ICC Champions Trophy in 2025, citing strained relations. Past gestures of goodwill, such as congratulatory messages from Pakistani leaders, have been met with terse responses from India, emphasizing security concerns. Recent accusations by Modi against Pakistan and harsh rhetoric from Indian officials further indicate the deep-seated animosity. The article highlights the contentious issue of Kashmir, where a verbal clash between the two countries followed Pakistan’s reaffirmation of the need to resolve the dispute according to the UN Charter. India’s steadfast refusal to discuss Kashmir presents a significant obstacle to any potential dialogue. » Read More…
