WELCOME TO CSS TIMES DAY BY DAY CURRENT AFFAIRS, YOUR BEST SOURCE FOR UP-TO-DATE AND DAILY TOP CURRENT AFFAIRS 2022 FOR PREPARATION OF CSS, PMS, BANKING, NTS, RAILWAYS AND ALL COMPETITIVE EXAMS. “DAY TO DAY CURRENT AFFAIRS” BASICALLY IS TOP 10 NEWS SUMMARY ON CURRENT HAPPENINGS OF NATIONAL AND INTERNATIONAL IMPORTANCE FOR ALL EXAMINATIONS
September 01, 2022: National / International Current Affairs
1. Shehbaz announces Rs10bn for KP as crises swirl
• Prime Minister Shehbaz Sharif on August 31, 2022 visited flood-hit areas in Khyber Pakhtunkhwa and announced Rs10 billion in funds to rehabilitate the calamity-hit areas, even as a report by the World Health Organisation (WHO) painted a grim picture of the health and humanitarian crises simmering across the country.
• During his visit to Kalam and other parts of Swat, the premier met the flood survivors and addressed a gathering in Kalam and Kanju wherein he promised all-out help by the federal government in overcoming the crisis.
• About the Rs10bn pack-age, PM Sharif said the federal government, the National Disaster Management Authority (NDMA), and the provincial administration would ensure transparency and immediate disbursement of money in the affected areas
2. State Bank receives $1.16bn from IMF
• The State Bank of Pakistan on August 31, 2022 received $1.16 billion deposit from the International Monetary Fund (IMF), two days after the much-needed nod of the Fund to immediate disbursement on successful completion of the combined seventh and eighth reviews of a loan facility.
• In a late-night tweet, the SBP confirmed the development and expressed the confidence that it would help improve foreign exchange reserves.
• `Today, #SBP has received proceeds of USD 1.16 billion (equivalent of SDR 894 million) after the IMF Executive Board completed the combined seventh and Eight review under the Extended Fund Facility (EFF) for Pakistan.
3. `Pakistan doesn`t have to choose between US and China`
• The United States doesn`t ask Pakistan to choose between it and China, but rather wants countries `to be able to have a choice`.
• However, Washington is worried that nations entering into relationships with China `are not going to end up well`, said Derek Chollet, a senior adviser to the US Secretary of State.
• In an interview with Dawn, Counselor Chollet said Washing-ton was not `afraid of competing with China, but would like to have a fair competition`.
• He stressed that the US had honest differences with both India and Pakistan, but wanted to maintain and diversify its strong relationship with Islamabad
4. 32 Balochistan districts declared `calamity-hit`
• The Balochistan government on August 31, 2022 declared 32 out of the total 34 provincial districts `calamity-hit` as Climate Change Minister Sherry Rehman hinted that at least $10 billion would be required to rebuild climate resilient infrastructure to mitigate the impacts of global warming.
• Since monstrous rains that started in June, at least 254 people have been killed in Balochistan and 1.3 million people have been forced to locate, the Balochistan chief minister`s adviser Mir Ziaullah Langove said in a press conference alongside Chief Secretary Abdul Aziz and Provincial Disaster Management Authority (PDMA) Director General Naseer Ahmed Nasar
5. ADB approves $3m to support relief efforts
• The Asian Development Bank on August 31, 2 022 approved a grant of $3 million to support the relief and rehabilitation measures in the light of devastating floods in Pakistan as more international aid in the form of food and equipment, particularly from Turkiye and China, and the United Arab Emirates, arrived in the flood hit country.
• According to the state-run APP, as many as 16 consignments of relief goods and equipment were delivered. Turkiye sent aircraft laden with 600 family tents, 1,008 food boxes, 1,000 hygiene boxes, 395kg of baby food, 2,000 blankets, 432 cooking kits, 1,440 pillows, 1,296 mattresses, and 426,093 medical kits.
• The UAE in five C-130 planes delivered 90,450 pounds of food items, including rice and lentils. It also sent tents and hygiene kits whereas China sent four Y-20 aircraft carrying 3,000 tents for the flood-hit people
Leave a Reply