{"id":363111,"date":"2022-05-31T10:31:09","date_gmt":"2022-05-31T05:31:09","guid":{"rendered":"https:\/\/propakistani.pk\/lens\/?p=363111"},"modified":"2022-05-31T13:43:29","modified_gmt":"2022-05-31T08:43:29","slug":"fashion-brand-khaadi-scores-25m-pkr-investment-from-ifc","status":"publish","type":"post","link":"https:\/\/propakistani.pk\/lens\/fashion-brand-khaadi-scores-25m-pkr-investment-from-ifc\/","title":{"rendered":"Fashion Brand Khaadi Scores $25M Investment From IFC"},"content":{"rendered":"

In an attempt to boost the textile industry in Pakistan, the International Finance Corporation (IFC) invested in a Pakistani textile retail giant, Khaadi.<\/strong><\/p>\n

The clothing line announced that IFC poured the equivalent of $25 million into their company. Some two days ago the Chief Executive Officer (CEO) of Khaadi Shamoon Sultan and an IFC official signed the deal.<\/p>\n\t\t

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Why did IFC do this? In attempts to create jobs, support the textile sector, and promote gender equality post-pandemic. That’s because some 30% of labor in the textiles sector are women. While, the industry provides 40% of employment and accounts for about 9% of the country\u2019s gross domestic product.<\/p>\n

In the past, the Pakistani clothing line has landed in hot waters regarding work ethics and treatment of paid labor.<\/p>\n

Meanwhile, IFC has invested over $1.2 billion in Pakistan to support smaller businesses since 1956. This is why many Netizens are questioning why the body didn’t invest in small businesses with such a large investment.<\/p>\n

\"Khaadi\"<\/p>\n\t\t

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Others feel this is a sign that businesses in Pakistan aren’t doing well if a textile giant like Khaadi<\/strong><\/em> needs support from IFC.<\/p>\n

\"Khaadi\"<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

In an attempt to boost the textile industry in Pakistan, the International Finance Corporation (IFC) invested in a Pakistani textile retail giant, Khaadi. The clothing line announced that IFC poured the equivalent of $25 million into their company. Some two days ago the Chief Executive Officer (CEO) of Khaadi Shamoon Sultan and an IFC official signed the deal. Why did […] More<\/a><\/p>\n","protected":false},"author":53,"featured_media":363201,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1612,2199,1291],"tags":[],"adace-sponsor":[],"class_list":{"0":"post-363111","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fashion","8":"category-featured","9":"category-social-media"},"wps_subtitle":"","img_urls":{"thumbnail":["https:\/\/propakistani.pk\/lens\/wp-content\/uploads\/2022\/05\/Khaadi-1-1-364x205.jpg",364,205,true],"medium":["https:\/\/propakistani.pk\/lens\/wp-content\/uploads\/2022\/05\/Khaadi-1-1-758x424.jpg",758,424,true],"full":["https:\/\/propakistani.pk\/lens\/wp-content\/uploads\/2022\/05\/Khaadi-1-1.jpg",1000,560,false]},"author_name":"Ummara Sheraz","categories_name":["Fashion & Beauty","Featured","Social Media"],"title_text":"Fashion Brand Khaadi Scores $25M Investment From IFC","related_stories":"https:\/\/propakistani.pk\/lens\/wp-json\/wp\/v2\/posts?filter&per_page=4&categories=1612,2199,1291&exclude=363111","_links":{"self":[{"href":"https:\/\/propakistani.pk\/lens\/wp-json\/wp\/v2\/posts\/363111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propakistani.pk\/lens\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propakistani.pk\/lens\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/lens\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/lens\/wp-json\/wp\/v2\/comments?post=363111"}],"version-history":[{"count":0,"href":"https:\/\/propakistani.pk\/lens\/wp-json\/wp\/v2\/posts\/363111\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/lens\/wp-json\/wp\/v2\/media\/363201"}],"wp:attachment":[{"href":"https:\/\/propakistani.pk\/lens\/wp-json\/wp\/v2\/media?parent=363111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propakistani.pk\/lens\/wp-json\/wp\/v2\/categories?post=363111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propakistani.pk\/lens\/wp-json\/wp\/v2\/tags?post=363111"},{"taxonomy":"adace-sponsor","embeddable":true,"href":"https:\/\/propakistani.pk\/lens\/wp-json\/wp\/v2\/adace-sponsor?post=363111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}