KARACHI: Bank advances to the private sector surged manifold during the first half of the current fiscal year.

However, the textile sector — the largest borrower — claims that 40 per cent of spinning mills have been closed down due to harsh government policies.

The flow of bank money to the private sector was the highest during 1HFY25 compared to the last three years.

Financial experts believe the impact of this high liquidity could emerge in the next one and a half years, depending upon the type of investments.

The key reason for........

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