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June 25, 2023: National Current Affairs MCQs
1. Rs215bn in new taxes to help seal IMF deal
• The government has made several changes to next fiscal year`s budget, including fiscal tightening measures dictated by the International Monetary Fund (IMF) in a last-ditch effort to secure critical funding.
• `Pakistan and IMF had detailed negotiations for the last three days as a last effort to complete the pending review,` Finance Minister Ishaq Dar told the house as he unveiled the changes on Saturday.
• He said the government now aims to generate another Rs215 billion in taxes and cut spending by Rs85bn in the next fiscal year, without reducing the federal development budget or the salaries and pensions of government employees.
• This will revise the government`s revenue collection target to Rs9.415 trillion and put total spending at Rs14.48tr, he said
2. Two martyred in `unprovoked` firing across LoC
• Two residents of Azad Jammu and Kashmir (AJK) were martyred, while another was injured when Indian troops resorted to unprovoked firing from across the Line of Control (LoC) on Saturday, marking the first major `wilful` ceasefire violation in two and a half years, police and military sources said. The casualties occurred at 12 noon when the victims were grazing cattle on their side of the unmarked dividing line in Tetrinote area, Mohammad Naseer, an official at a police post in nearby Doonga village, told Dawn by telephone.
• Tetrinote is the location of crossing point at the LoC in Poonch division, but the crossing is currently nonfunctional.
• `Indian troops opened fire on them without any provocation, leaving the eldest of them dead on the spot and the other two wounded,` the police official said.
3. No more multiple pensions
• Finance Minister Ishaq Dar told the National Assembly on June 24, 2023 said the government had implemented various reforms in the pensions scheme. One decision is to eliminate multiple pensions, ensuring that a government official will receive only one pension for officials in Grades 17 and above in the first phase.
• Besides, when calculating the pension amount, the ad hoc pension allowance will be included as part of the net pension without compounding. The pensioner will opt for the highest amount of pension. He said that high-profile people in Pakistan are currently receiving multiple pensions. `I know people receiving three pensions,`Mr Dar said.
• Furthermore, the pension will be available for dependents for 10 years after the death of the pensioner and their spouse
4. CDWP clears 28 projects worth Rs309 billion
• The Central Development Working Party (CDWP) on Saturday cleared 28 development projects worth Rs309.14 billion in the areas of education, technology, energy, physical planning and communications.
• The CDWP met under the chairmanship of Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal, said a press release.
• The meeting was attended by the Secretary Planning Ministry, members Planning Commission and representatives from the various ministries
5. Pakistan`s wheat yield may decline 16pc due to climate change
• Wheat yield in South Asian countries, including Pakistan, is feared to decline by 16 per cent by 2050 due to climate change, reveals a new study released by the International Maize and Wheat Improvement Centre (CIMMYT) on June 24, 2023.
• Simulations for South Asian countries suggested a different magnitude of climate change impacts with India and Pakistan being the most affected countries with a general decline of wheat yields of 16pe, particularly due to warmer temperatures. However, areas in western Iran, Afghanistan, Nepal, and Myanmar could experience a positive response to climate change.
• Climate change will lower global wheat production by 1.9pc by midcentury, with the most negative impacts occurring in Africa and South Asia, according to the research
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6. Cop martyred in Turbat bombing
• A constable was martyred and two others, including a policewoman, were injured in a suicide attack carried out by a female bomber targeting a security convoy in Turbat town on June 24, 2023.
• The banned Baloch Liberation Army`s Majeed Brigade group claimed responsibility for Saturday`s attack. The banned organisation identified the bomber as Sumaiya Qalandarani. This was the second suicide attack carried out by a Baloch woman after Shari Baloch targeted a van carrying Chinese teachers at Karachi University in April 2022.
• Official sources said a convoy of security forces, coming from the Turbat airport area, was passing through the Chakar Azam Chowk when the suicide bomber, who was lying in wait, blew herself up
7. Russian mercenary force halts march on Moscow
• The rebel Wagner mercenary force threatened to march on Moscow on June 24, 2023 before announcing a stunning pullback, as Kyiv seized on the chaos to launch new assaults against Russian positions in Ukraine.
• Before Wagner chief Yevgeny Prigozhin`s apparent climb down, Russian regular forces had launched what one regional governor called a `counter-terrorist operation` to halt the Wagner advance northwards up a main highway towards Moscow.
• The private army captured a key military headquarters in southern Russia, and sent a force north to threaten the capital, defying Vladimir Putin`s warning of civil war
8. No evidence Covid created in Chinese lab, says US intelligence
• The head of US intelligence said on Friday that there was no evidence that the Covid-19 virus was created in the Chinese government`s Wuhan research lab.
• In a declassified report, the Office of the Director of National Intelligence (ODNI) said they had no information backing recent claims that three scientists at the lab were some of the very first infected with Covid-19 and may have created the virus themselves.
• Drawing on intelligence collected by various member agencies of the US intelligence community (IC), the ODNI report said some scientists at the Wuhan lab had done genetic engineering of coronaviruses similar to Covid-19
9. Russia, China block move for new Antarctic marine reserves
• Members of a multinational group on Antarctic conservation failed to agree on June 24, 2023 on a roadmap for the creation of three new marine protected areas a goal that has proven elusive for years.
• `No agreement was reached. It was not possible to obtain… a road map` for protected areas in the seas around Antarctica, Cesar Cardenas, a member of the Chilean Antarctic Institute and part of the Chilean delegation, said. Cardenas said Russia and China resisted new protected areas.
• The bid to create the sanctuaries around Antarctica to counter climate change and protect fragile ocean ecosystems would safeguard nearly four million more square kilometres of ocean from human activities. The areas are home to penguins, seals, tooth fish, whales and huge numbers of krill a staple food for many species
10. US firms pump money in India as Biden eyes geopolitical goals
• Amazon and Google are the latest companies to announce massive investment plans in India amid US President Joe Biden`s efforts to `send a message to China` by cementing India`s position as a close ally.
• Amazon said on Friday it will take its investments in India to $26 billion by 2030, adding $6.5bn in new planned investments in an announcement made after CEO Andy Jassy met Prime Minister Narendra Modi in the United States.
• Though Jassy gave no breakdown, the announcement follows Amazon`s cloud computing unit Amazon Web Services saying last month it will invest INR1.06tr in the country by the end of2030
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