Today’s top Pakistan current affairs March 31, 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.
1. COVID-19 IN PAKISTAN
2. Pakistan and India “want peaceful relations”
What’s going on? In the not-so-distant past, we could have never imagined PM Khan and Indian PM, Narendra Modi, saying anything nice to each other. Now, they’re becoming pen pals.
The details: PM Modi wrote a letter to PM Khan to congratulate him on the country’s annual Pakistan Day. PM Khan recently replied and thanked PM Modi for his letter. Both leaders reportedly called for peaceful relations between Pakistan and India. PM Khan reportedly said he hopes to resolve the Kashmir dispute as well, which is the primary issue between both countries. In his letter, PM Modi said “an environment of trust, devoid of terror and hostility is imperative.”
The context: The territorial dispute over Kashmir has been raging since 1947, when Pakistan gained independence from India, and India became independent from Britain. According to the Council on Foreign Relations, Pakistan and India have fought two major wars over Kashmir – one in 1947, and the other in 1965. Both countries claim Kashmir in full, but only control parts of it. Despite a ceasefire in 2003, both countries often exchanged fire across the Line of Control, a militarized border that divides Kashmir between Pakistan and India. In a recent development, Pakistan and India agreed to a ceasefire (again). This latest ceasefire is supposed to be a “renewed commitment.”
The bottom line: The cordial exchange of letters between PM Khan and PM Modi is a sign of easing tensions between Pakistan and India.
3. State Bank receives $500 million from the IMF
Pakistan received the third portion of the International Monetary Fund’s (IMFs) $6 billion loan. In a tweet, the State Bank said it got $498.7 million to be exact. On March 25, the IMF agreed to release the third loan disbursement to Pakistan after approving some delayed reviews of the country’s fiscal and revenue reforms. Pakistan’s govt agreed to some proposed reforms, like hiking up electricity prices, imposing additional taxes, and granting more independence to the central bank (P.S. more autonomy for a central bank means more independence from the govt – there are conflicting feelings about this right now). The IMF already gave Pakistan $1.45 billion in two previous rounds.
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