Pakistan Current Affairs, GK & News

Pakistan receives $700 million from China

February 25, 2023

The foreign exchange reserves of Pakistan fell to 2.9 billion USD. It is now slowly rising to 4 billion USD. The cash injection was the need of the moment for Pakistan. And China stepped in offering 700 million USD to help its “all-weather” friend. China Development Bank transferred the funds to Pakistan State Bank. Pakistan ..

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Power Outage in Pakistan

January 23, 2023

More than 220 million Pakistanis were affected because of a huge power outage in the country. The country usually faces fuel shortages during winter. This mishap occurred as the National Grid went down for unknown reasons. The frequency of the power transmission system plunged down causing havoc. Pakistan uses 50 HZ alternating current just like ..

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Who is Abdul Rehman Makki?

January 18, 2023

Abdul Rehman Makki is a Pakistan-based terrorist who was recently listed as a global terrorist by the United Nations Security Council (UNSC) under its ISIL (Daesh) and Al-Qaeda Sanctions Committee. He has been sanctioned based on his links to the 2000 Red Fort attack and the 26/11 Mumbai terror attacks. Makki is the brother-in-law of ..

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Pakistan to Implement Interest-free Banking System

November 11, 2022

The Pakistan Government is planning to implement an interest-free banking system in the country from 2027 under the Islamic law. What is interest-free banking system? The concept of interest free banking system is derived from the Islamic form of banking. It operates based on ethical standards and prevents Muslims from paying or receiving any kind ..

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Pakistan floods: One third of the country is under water

August 30, 2022

Pakistan is currently battling its worst monsoon floods in a decade, which has killed more than 1,100 people, caused more than USD 10 billion in damages and submerged nearly a third of the country. Also, the United Nations issued a USD 160 million flash appeal to help Pakistan deal with the floods. Key Points According ..

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August 14: Partition Horrors Remembrance Day

August 16, 2022

India commemorated “Partition Horrors Remembrance Day” on August 14. Prime Minister Narendra Modi had announced to observe this day in 2021.  August 14 also marks Independence Day in Pakistan. India was partitioned into India and Pakistan on August 14, 1947. This event had led to violence, communal riots and loss of property. It is considered ..

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