[Current Affairs] March 25, 2021 Top Pakistan Current Affairs for FPSC Test Preparation

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Today’s top Pakistan current affairs March 25, 2021 with download link available in pdf. These are the latest breaking news about Pakistan which will be helpful for aspirants in test preparation of current affairs, Pakistan affairs, General knowledge for NTS, PPSC, CSS, FPSC, KPPSC, SPSC, BPSC, AJKPSC, OTS, PTS, and other Govt Jobs, exams & MDCAT, ECAT Entry test preparation.

One Liner

  • IMF Approves 500 Million Dollar Loan To Pakistan. The International Monetary Fund (IMF) on Wednesday approved four pending reviews of Pakistan’s economy and the release of the next loan tranche of around $500 million, reviving the $6 billion programme after it remained derailed for over a year.
  • Twenty People Injured As Bus Turns Turtle in Faisalabad. Twenty people were critically injured when a bus turned turtle in Faisalabad.
  • Cambridge agrees to reschedule ‘O’ level exams in Pakistan, announces Shafqat Mahmood. Federal Minister for Education Shafqat Mahmood Thursday announced that Cambridge International agreed to reschedule ‘O’ level exams to after May 15.
  • Markets to close twice a week in KP amid spike in Covid cases. Keeping in view the recent spike in Covid-19 cases, the Khyber Pakhtunkhwa government on Thursday decided to shut the markets twice a week across the province
  • Water talks: Pakistan, India agree to make endeavours to resolve issues. The 116th meeting of the India-Pakistan Permanent Indus Commission (PIC) was held in New Delhi from 23-24 March 2021
  • Rupee closes 38 paisa higher against US dollar. The Pakistani rupee continued to strengthen against the United States (US) dollar in the inter-bank currency market on Thursday.
  • Yellow Metal Price Decreases in Pakistan. Gold prices extended a downward trend in the domestic market for the second consecutive day on Thursday as per tola price of yellow metal declined by Rs 450 to Rs106,700.
  • Pakistan Team to Leave Cor South Africa on Friday. All 35 members of the Africa-bound side, including 22 players and 13 officials, have tested negative and, as such, the side will depart for Johannesburg, South Africa, on a chartered flight on Friday morning.

Spotlight by The NewsRun

1. COVID-19 IN PAKISTAN

  • 24-hour count: Pakistan reported 3,301 new cases and 30 deaths in 24 hours. Pakistan also conducted 38,282 tests in the span of 24 hours (P.S. this data was last updated on March 24 at 8:08am).
  • An update on school closures: Probably the last thing parents want to hear. All educational institutions in areas with a high rate of COVID-19 cases will remain closed until April 11. These areas include Islamabad, along with cities in Punjab and Khyber Pakhtunkhwa (KP).

2. Maryam Nawaz granted pre-arrest bail

What’s going on? There’s a reason you’ve been seeing Maryam Nawaz’s name pop up a lot on Twitter. Nawaz is the daughter of former Prime Minister (PM), Nawaz Sharif. She is also Vice President of the Pakistan Muslim League-Nawaz (PML-N) opposition party. She has a hearing coming up at the National Accountability Bureau (NAB) on March 26. The Lahore High Court (LHC) reportedly granted her pre-arrest bail prior to the hearing. This is also why #LahoreHighCourt is trending on Twitter.

The details: NAB is summoning Nawaz to talk about the Jati Umra Land case and another case involving Chaudhry Sugar Mills. Nawaz and her lawyer requested a bail plea to pre-empt a potential arrest.

Tell me more: NAB accused the Sharif family of illegally acquiring land in Raiwind while Shahbaz Sharif (i.e. Nawaz’s uncle) served as Chief Minister of Punjab in 2013. NAB is also investigating suspicious transactions in connection with Chaudhry Sugar Mills, where Nawaz is supposedly a major shareholder. The Sharif family has been accused of using Chaudhry Sugar Mills for money laundering.

The context: Nawaz is very active in the opposition alliance, which is also referred to as an anti-govt movement, or, the Pakistan Democratic Movement. Her PML-N party is one of the major opposition parties in the alliance.

The bottom line: Nawaz claimed that the cases filed against her are politically motivated. She accused NAB of conducting “revenge politics on the orders of PM Imran Khan.” She believes the govt is feeling threatened by her, which is why NAB is calling her in for questioning.

3. The first Pakistani bank to operate in Beijing

Habib Bank Limited (HBL) became the first Pakistani bank to open a branch and serve clients in China’s capital, Beijing. China is an important market for HBL, and the bank is looking to grow its business in the country. However, this isn’t HBL’s very first branch in China. In 2017, HBL established an operating branch in the city of Urumqi. HBL’s presence in China will reportedly allow the bank to interact with State-Owned Enterprises and financial institutions involved with the China Pakistan Economic Corridor (CPEC). CPEC is a collection of infrastructure projects that connect China to the Gwadar Port in Pakistan. China has invested a whopping $60 billion in CPEC.

 

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