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India misjudged Islamabad’s desire for peace, says Pakistan envoy to US on Marka-e-Haq anniversary

Pakistan Embassy in Washington hosts ceremony marking first anniversary of Marka-e-Haq victory Pakistan’s Ambassador to the United States, Rizwan Saeed Sheikh, said that India miscalculated Islamabad’s desire for peace as weakness during a ceremony held at the Pakistan Embassy in Washington on Saturday to mark the completion of one year of the historic victory of … Read more

IMF flags ZTBL privatisation risks

[ ISLAMABAD: The International Monetary Fund (IMF) has flagged that Pakistan’s decision to privatise Zarai Taraqiati Bank Limited (ZTBL) could raise issues of access to credit for small farmers, as the bank has managed to reduce bad loans by one quarter to Rs50 billion to address governance concerns. Would the privatisation expose Pakistan’s 97% small-scale … Read more

Payment delays squeeze processors

[ KARACHI: Small dyeing and bleaching companies working within Pakistan’s textile supply chain are facing increasing financial stress as delayed payments from large exporters disrupt operations across key industrial clusters. Industry participants say many small and medium?sized processing units in Karachi are struggling to maintain cash flow amid slower export activity and rising operating costs. … Read more