Pakistan Current Affairs MCQs 2024 FPSC NTS PPSC Past Papers Test Questions
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Current Affairs Pakistan MCQs 2024
Looking for the latest Pakistan Current Affairs MCQs 2024? Prepare for competitive exams like FPSC, NTS, PPSC, KPPSC, and SPSC with our comprehensive test preparation materials. Our collection includes past papers, solved questions, and multiple-choice questions on current affairs of Pakistan. Stay updated on recent national issues, important events, and the most repeated MCQs of Pakistan Current Affairs. This MCQs Quiz will help you excel in your upcoming tests with the latest and most relevant content.
SUMMARY of the Article “Higher education up the creek,” by Faisal Bari, Dawn, June 21st, 2024
In this article, Faisal Bari discusses the numerous challenges facing Pakistan’s higher education sector, exacerbated by the government’s recent budgetary decisions. He begins with an anecdote about how a boss would preemptively defuse requests for raises by suggesting that staff might be fired, drawing a parallel to the government’s handling of the higher education budget. Although the government initially announced cuts to the budget, it later restored funding to the previous year’s level, an action Bari suggests was intended to appear generous. Despite an increasing number of universities and colleges being upgraded, the Higher Education Commission (HEC) has not received a budget increase for several years, leaving many universities, even well-established ones, in severe financial distress. The situation is further aggravated by a 20% increase in salaries and 15% inflation, pushing public-sector universities towards financial crises, including potential defaults on salaries and pensions. The budget includes other adverse measures, such as the removal of a long-standing 25% income tax rebate for teachers and researchers, which previously helped mitigate the financial strain on these professionals. This removal, » Read More…
SUMMARY of the Article “Leadership, crisis, opportunity,” by Maleeha Lodhi, Dawn, June 17th, 2024
Pakistan is currently at a critical juncture, grappling with numerous crises, including political polarization, economic instability, and institutional degradation. This multifaceted crisis, or polycrisis, involves overlapping issues in governance, economy, politics, security, and human development, all reinforcing each other and creating a formidable challenge. National morale is low, with a significant portion of the population believing the country is heading in the wrong direction. Unlike previous crises that Pakistan has managed to overcome, the current situation is exacerbated by decades of poor governance and missed opportunities. Immediate reforms, particularly economic ones, are essential to address these structural issues. A significant gap persists between the challenges faced and the responses provided by successive governments, which have lacked a » Read More…
SUMMARY of the Article “COP28 to SB60,” by Aisha Khan, Dawn, June 1st, 2024
The article outlines the importance of the 60th session of the Subsidiary Bodies (SB60) taking place from June 3-13, 2024, in Bonn, as a critical preparatory event for COP29. The SB60 aims to recalibrate positions and find compromises to facilitate a successful outcome at COP29. The conference has three primary tasks: agreeing on a new post-2025 climate finance goal to ensure adequate funding for developing countries to meet their Nationally Determined Contributions (NDCs), building momentum for the next generation of national climate plans, and providing guidance on the first Global Stock Take (GST) outcomes. The success of COP29 hinges on overcoming fixed positions regarding new collective quantified goals (NCQG) for climate finance, which is a contentious issue. Effective negotiation processes and continued implementation of COP28 outcomes are necessary to maintain progress. The Bonn dialogue must address financial packages, particularly linking » Read More…
SUMMARY of the Article “Debt trap,” Editorial, Dawn, May 30th, 2024
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…
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