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December 21, 2023: National Current Affairs MCQs News
1. WB approves $350m for economic reforms
The World Bank on Wednesday announced that its board of directors had approved the long-awaited $350 million loan`2nd Resilient Institutions for Sustainable Economy (RISE-II) Operation` to Pakistan to support key macroeconomic reforms in energy, taxation and business environment.
The financing `aims to strengthen fiscal management and promote competitiveness for sustained and inclusive economic growth`, the Washington-based multilateral lender said in its announcement. The Beijing-based Asian Infrastructure Investment Bank (AIIB) is co-financing the programme with another $250m
2. Power tariffs for all raised by Rs1.15
The National Electric Power Regulatory Authority (Nepra) on Wednesday approved an additional across the-board charge of Rs1.15 per unit for electricity consumers throughout the country, including K-Electric, and also concluded the process of imposing another Rs1.72 per unit on K-E consumers for the next three months January to March 2024.
Effectively, K-Electric consumers would have to pay a cumulative additional cost of Rs2.87 per unit in the upcoming three months of January to March once Nepra notifies it in a couple of days to clear the backlog on account of quarterly tariff adjustments and implement a uniform regulatory regime across the country without any discrimination or favour, notwithstanding different loss and efficiency levels of different power supply companies
3. Outlawed BNA `commander` announces surrender
Sarfraz Ahmed Bungulzai, a `commander` of the banned militant group Baloch National Army (BNA), announced his surrender on Wednesday alongside 70 of his associates.
Sarfraz Bungulzai, flanked by provincial information minister Jan Achakzai, told a presser in Quetta that he initially thought his armed struggle was for Baloch rights, but then realised the Baloch blood was being spilled for `individual interests`
December 21, 2023: International Current Affairs MCQs News
4. WFP delivers Jordan aid through Israeli crossing
The UN`s World Food Programme (WFP) said Wednesday it had delivered food into war-torn Gaza through the Israeli Kerem Shalom border crossing in the first direct aid convoy from Jordan.
The arrival of the 46-truck convoy, carrying more than 750 tonnes of goods, came after `weeks of coordination with all parties`, the Rome-based organisation said
5. UN vote put off again as Gaza toll crosses 20,000
The death toll from Israel`s barbaric bombing campaign in Gaza has crossed 20,000, local authorities said on Wednesday after at least 12 people were killed and dozens wounded in a series of air strikes in Rafah, which also targeted a mosque.
According to Gaza authorities, some 8,000 children and 6,200 women were among those killed since October 7.
An AFPTV live camera on Wednesday filmed two bombs hitting Rafah, where many of Gaza`s estimated 1.9 million displaced have fled
