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January 13, 2022: National Current Affairs MCQs
1. Elahi`s advice seals fate of provincial legislature
• Just hours after regaining the confidence of a majority of lawmakers in the Punjab Assembly, Chief Minister Chaudhry Parvez Elahi on January 12, 2023 formally advised the governor to dissolve the provincial legislature.
• The move caps weeks of speculation, legal wrangling and a public spectacle of the differences between the ruling allies in Punjab the Pakistan Tehreek-i-Insaf (PTI) and PML-Q over whether the assembly would be disbanded or not.
• `I, Parvez Elahi Chief Minister Punjab, hereby advise you to dissolve the provincial assembly of Punjab,` reads the signed advice sent to the governor.
• On Thursday evening, confusion abounded as the CM`s supposed one-line advice to the governor written on a plain piece of paper was circulated on social media with the date apparently having been overwritten
2. Pakistan gets $4bn lifeline as economic woes mount
• Pakistan on January 12, 2023 secured a lifeline of about $4 billion from the United Arab Emirates and Saudi Arabia to sail through the immediate challenge of a sovereign default amid rapidly shrinking foreign exchange reserves, massive flood damages and an overall economic slowdown.
• Two separate official announcements said the UAE pledged to roll over $2bn debt payable over the next two months and topped this with an additional $1bn support during an ongoing visit of Prime Minister Shehbaz Sharif to the emirates.
• Separately, the Saudi Fund for Development (SFD) signed an agreement in Islamabad to fund $1bn worth of oil imports on deferred payment.
3. Pakistan secures $3bn at 1pc
• Pakistan has secured over $3 billion in fresh funding from multilateral lenders on concessional terms and the inflows will start during the current fiscal year.
• The international lenders granted this significant loan at about 1pc interest rate with a repayment period of 40 years during the recent donor conference held in Geneva.
• Secretary Planning Zafar Ali Shah told journalists that the international community led by multilateral agencies had made `clear pledges of about $9.7bn` against Pakistan`s expected target of about $8.1bn. `This was also an ambitious target given the global economic slump amid surging inflation and the Ukraine war but was significantly oversubscribed,` he said
4. Daultala made Pindi tehsil
• Chief Minister Chaudhry Parvez Elahi on January 12, 2023 appreciated the improvement in the general law and order situation in the province, adding that all resources were being provided to protect the lives and property of the people.
• He said the safety of the people was a priority while chairing a meeting at his office to review the law and order situation in the province, and he stressed and directed that indiscriminate action against criminals should be continued.
• A crackdown should be done indiscriminately against elements displaying arms, he said. Indiscriminate action should be taken against arms display, and the law prohibiting the display of weapons should be strictly implemented. Action should be taken against such elements regardless of political affiliation, he added.
• Also, on the order of the chief minister, Daultala was granted the status of the tehsil of Rawalpindi
5. WHO warns against use of Indian cough syrups
• The World Health Organisation has issued an alert warning against the use of two Indian cough syrups blamed for the deaths of at least 20 children in Uzbekistan.
• WHO said the products, manufactured by India`s Marion Biotech, were `substandard` and that the firm had failed to provide guarantees about their `safety and quality`.
• The alert, issued on Wednesday, comes after Uzbekistan authorities said last month at least 20 children died after consuming a syrup made by the company under the brand name Doc-1 Max.
• India`s health ministry subsequently suspended production at the com-pany and Uzbekistan banned the import and sale of Doc-1 Max