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.
Pakistan’s debt situation has escalated significantly, resulting in immense pressure on the national budget. The fiscal deficit has averaged 7.3% of the GDP over the past five years, contributing to a national debt of Rs78.9 trillion, comprising Rs43.4 trillion in domestic debt and Rs32.9 trillion in external loans. This has created a debt trap where the country must continuously borrow to repay existing debts. Consequently, debt servicing costs have soared, with the latest estimates rising from Rs7.3 trillion to Rs8.3 trillion for the current fiscal year. The finance ministry’s Mid-Year Budget Review Report indicates a 64% increase in debt payments, reaching Rs4.2 trillion in the first half of the fiscal year. This surge is attributed to both the growing debt stock and a record-high interest rate of 22%, which has significantly increased the cost of domestic debt. The report highlights that domestic debt payments constitute nearly 90% of total debt servicing costs. The high » Read More…
International organisations play a crucial role in addressing global challenges and promoting cooperation among nations. These organisations have their headquarters in various cities around the world, and it’s essential to know where they are located. In this article, we will provide you with a list of prominent international organisations and their headquarters.