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November 03, 2023: National Current Affairs MCQs News
1. ECP agrees to hold elections on Feb 8
After months of dilly-dallying on the issue of polls, the Election Commission of Pakistan (ECP) agreed to hold general elections in the country on Feb 8 next year a date `set in stone`.
The announcement by the ECP came after a meeting between President Arif Alvi and Chief Election Commissioner Sikandar Sultan Raja, who visited the presidency with the ECP members, on the orders of the Supreme Court, which had taken up pleas regarding elections
2. Reforms on agenda as govt-IMF talks begin
The caretaker government and the International Monetary Fund (IMF) kicked off the much-awaited loan review talks on a generally positive note on Thursday, setting the stage for a deep dive into forward-looking reforms under a nine-month bailout package, slated to be completed in March next year.
Caretaker Finance Minister Dr Shamshad Akhtar and the IMF`s mission chief for Pakistan, Nathan Porter, led their sides to the opening round of two-week-long negotiations to discuss the next tranche based on Pakistan`s performance in the first quarter that started in July
3. Govt exempts Afghan children, women from verification
As border managers buckle under the influx of Afghan refugees being sent back to Afghanistan, the federal government on Thursday eased one condition to facilitate the undocumented immigrants, particularly women and children, who are now exempted from data entry at the Nadra counters set up at the border crossings.
So far, 148,267 Afghan immigrants have left for Afghanistan during voluntary repatriation. On Thursday, a total of 19,344 undocumented immigrants left via Torkham
4. World Bank commits to strengthening BISP
World Bank has reiterated its commitment to support the Benazir Income Support Programme (BISP) social protection system in order to strengthen and financially empower the marginalised segments of society and ensure relief to the poorest of the poor.
A high-level delegation of the bank had a meeting with BISP Chairperson Dr Amjad Saqib at the BISP headquarters here on Thursday
5. IFC unveils $1.5bn investment plan for Pakistan
The Board of Investment and the World Bankaffiliate International Finance Corporation unveiled a visionary investment plan, for which the IFC committed to inject over $1.5 billion into Pakistan`s economy in the form of short and long-term investments aimed at catapulting the country into a new era of prosperity and development, BoI announced on Thursday.
The pledge follows the IFC`s successful mobilisation of $1.5bn FY23, marking a significant doubling of investments in Pakistan compared to the previous year