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June 09, 2023: National Current Affairs MCQs
1. ECONOMIC SURVEY 2022-23
• Pakistan has to satisfy the International Monetary Fund on three counts, starting with a budget due on Friday (today), before its board reviews whether to release at least some of the $2.5 billion still pending under a lending programme expiring this month, an IMF official said.
• Esther Perez Ruiz, the IMF`s resident representative for Pakistan, said on Thursday there was only time for one last IMF board review before the end of the $6.5bn Extended Fund Facility (EFF) at the end of June.
• Pakistan has barely enough currency reserves to cover one month`s imports. It had hoped to have $1.1bn of the funds released in November, but the IMF has insisted on a number of conditions being met before it makes any more disbursements
2. Report card of a tempestuous year
• Finding himself on the back foot as he attempted to defend a jarring slowdown in economic growth in the outgoing fiscal year, Finance Minister Ishaq Dar, while unveiling the Pakistan Economic Survey 2022-23 on June 8, 2023, spoke less about the dismal performance of various sectors of the national economy and more on the global environment and economic fundamentals the PDM government had inherited when it came to power in April last year.
• Accompanied by Planning Minister Ahsan Iqbal and Minister of State for Finance and Revenue Dr Aisha Ghous Pasha, the finance minister unveiled that the country`s Gross Domestic Product (GDP) in the fiscal year 2023 projected to grow at 5 per cent only managed 0.3pc growth, with agriculture and services scraping along with 1.5pc and 0.86pc growth and the industrial sector contracting by a worrying 3pc
3. Pakistan wins seat on UN economic body
• Pakistan was, on June 8, 2023, elected to the Economic and Social Council (Ecosoc), the economic arm of the United Nations, for a three-year term, beginning Jan 1, 2024, with Ambassador Munir Akram saying the success was a recognition of `our positive role in international diplomacy`.
• Pakistan received 129 votes in the 193-member General Assembly.
• Pakistan was contesting one of three Asian seats also being contested by Iraq, Japan, Nepal and Tajikistan. A two-thirds majority 124 votes was required for election
4. PPP nominee wins AJK by-election
• The PPP defeated its partner in the Azad Jammu and Kashmir (AJK) coalition government, PML-N, by a margin of 5,270 votes in a by-election on June 8, 2023.
• According to unofficial and unverified results issued by the returning officer, PPP`s Sardar Zia Qamar bagged 25,755 votes against 20,485 by Mushtaq Ahmed Minhas of the PML-N.
• Retired colonel Raja Zameer of the PTI could secure 4,942 votes.
• The by-election in LA-15, Bagh-II, with 101,146 registered voters, 48,038 of them women, had become due after the disqualification of former prime minister Sardar Tanveer Ilyas by the AJK high court on April 11
5. Deadly shelling pounds Ukraine`s flooded region after Zelensky visit
• Ukraine and Russia accused each other of deadly shelling in the flood-hit Kherson region on June 8, 2023 even as rescuers raced to save people stranded after the destruction of a Russian-held dam unleashed a torrent of water.
• Shortly after Ukrainian President Volodymyr Zelensky visited the southern city of Kherson, Kyiv said a Russian strike there injured eight people.
• Moscow-installed authorities, who hold the hold the other bank of the now flood-swollen Dnipro River, said two evacuees were killed by Ukrainian shelling
