Page-4 of Pakistan Current Affairs, GK & News

$250 Million Loan Extended by AIIB to Pakistan for COVID 19

The Asian Infrastructure Investment Bank (AIIB) has extended the loan of $250 million to Pakistan in order to enable it to deal with the prevailing situation due to the COVID 19 pandemic. This program is going to be co-financed by the World Bank and will contribute to the program of the Pakistan Government to strengthen ..

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Wagah Border reopened by Pakistan for Afghan Exports

Pakistan government has resumed the Afghan exports through the Wagah Border crossing as part of the Pakistan-Afghanistan Transit Trade Agreement. Pakistan had already opened the Pak-Aghan Border at Torkham and Chaman round the clock for six days a week, in May 2020. But, Afghan exports to India through the Wagah Border have remained suspended even ..

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TPPA of USD 2.4 Billion Signed by Pakistan with China for Hydro Power Project in Pakistan Occupied Kashmir 

On 25th June 2020, a Tripartite Power Purchase Agreement (TPPA) was signed for the construction of the 1124 MW Kohala Hydro Power Project. The agreement was signed in between the Government of Pakistan, Chinese Company- China Three Gorges Corporation (State-owned company of Chinese Government), and Government of Azad Kashmir (Part of Pakistan occupied Kashmir). Kohala ..

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Pakistan gets another extension on FATF Grey List despite failure to act against terror groups

During the 3rd & and the last Plenary and Working Groups Meeting of the Global anti-money laundering watchdog Financial Action Task Force (FATF) for the current FATF plenary year on 24th June 2020, Pakistan again managed to escape from entering the ‘Blacklist’ despite its continuing failure to act against terrorist organizations. The FATF plenary and Working ..

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Foundation Stone Laid for the First Hindu Temple in Pakistan’s Capital

On 23rd June 2020, the foundation stone for the first Hindu Temple in Pakistan’s capital city Islamabad was laid. The temple is the first to be constructed in Islamabad since the Independence of Pakistan. The temple will be devoted to Lord Krishna. The name of the temple will be Shri Krishna Mandir. The name of ..

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UN launches 6.7 billion USD for vulnerable countries

The United Nations and its partner agencies have launched 6.7 billion USD global appeal in order to fight against COVID-19. Highlights Initially, the organization had pledged to provide 2 billion USD to vulnerable countries to fight against COVID-19. However, it has now increased the amount to 6.7 billion USD. The plan under which this is ..

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