NZ snatches dramatic 4-run T20 win over strong Pakistan

New Zealand's wicketkeeper captain Tom Latham (L) celebrates with teammate Rachin Ravindra (R) after the dismissal of Pakistan's Fakhar Zaman (C) during the third Twenty20 international cricket match between Pakistan and New Zealand at the Gaddafi Cricket Stadium in Lahore on April 17, 2023.(AFP/File)
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Updated 18 April 2023
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NZ snatches dramatic 4-run T20 win over strong Pakistan

  • Iftikhar Ahmed’s blistering 60 runs off 24 balls unable to save Pakistan from defeat
  • Pakistan leads series 2-1, rest of the matches will be held in Rawalpindi

LAHORE: An inexperienced New Zealand survived Iftikhar Ahmed’s late onslaught to snatch a stunning four-run win against Pakistan and keep alive their five-match Twenty20 series on Monday.

Iftikhar smacked six sixes and three fours and nearly sealed the series 3-0 for Pakistan with a blistering 60 off 24 balls. But New Zealand medium-pacer James Neesham kept his nerve in the final over and Pakistan was dismissed for 159.

Captain Tom Latham, leading New Zealand in the absence of eight frontline players busy in the Indian Premier League, anchored the Kiwis to 163-5 with a brilliant 64 off 49 balls.
“We were pleased to get a competitive total and it’s satisfying to get across the line and keep the series alive,” Latham said. “The whole squad will take a lot of confidence from this match moving forward.”

Pakistan’s strong top order fell and limped to 88-7 in the 15th over. Then Iftikhar counter-punched by raising Pakistan’s joint fastest T20 half-century off just 20 balls.

Together with Faheem Ashraf, who made 27 off 14 deliveries, Iftikhar brought Pakistan in sight of victory with a 61-run, eighth-wicket stand.

Faheem holed out at long on in the penultimate over and Pakistan needed 15 off the final Neesham over.

Iftikhar clobbered a first-ball six over the square leg boundary and hit a crisp boundary on the off side. However, Iftikhar tried to finish off the game with another big hit and was caught at long on. Off the final delivery, last man Haris Rauf was also caught in the deep. Neesham took 3-38.

“We didn’t bat well enough,” captain Babar Azam said. “The pressure kept building throughout the run chase, (but) Iftikhar delivered and Faheem also chipped in with crucial runs.”
Babar, who smashed a century on Saturday, was out for 1 after Rachin Ravindra’s spectacular diving catch at third man in the second over. Chad Bowes smartly ran out Mohammad Rizwan for 6 in the fourth over.

Ravindra, 2-28, and legspinner Ish Sodhi, 1-11, pinned down the batters in the middle overs.

Earlier, Latham and Daryl Mitchell (33) revived New Zealand with a 65-run, third-wicket stand before they fell in successive overs late in the innings.

Mitchell was deceived by Shaheen Shah Afridi’s slower delivery and Latham, who hit seven fours and two sixes, was caught behind in Rauf’s return spell.

Pakistan leads the series 2-1 and Rawalpindi hosts the remaining two matches on Thursday and Monday.


IMF hails Pakistan privatization drive, calls PIA sale a ‘milestone’

Updated 52 min 54 sec ago
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IMF hails Pakistan privatization drive, calls PIA sale a ‘milestone’

  • Fund backs sale of national airline as key step in divesting loss-making state firms
  • IMF has long urged Islamabad to reduce fiscal burden posed by state-owned entities

KARACHI: The International Monetary Fund (IMF) on Saturday welcomed Pakistan’s privatization efforts, describing the sale of the country’s national airline to a private consortium last month as a milestone that could help advance the divestment of loss-making state-owned enterprises (SOEs).

The comments follow the government’s sale of a 75 percent stake in Pakistan International Airlines (PIA) to a consortium led by the Arif Habib Group for Rs 135 billion ($486 million) after several rounds of bidding in a competitive process, marking Islamabad’s second attempt to privatize the carrier after a failed effort a year earlier.

Between the two privatization attempts, PIA resumed flight operations to several international destinations after aviation authorities in the European Union and Britain lifted restrictions nearly five years after the airline was grounded following a deadly Airbus A320 crash in Karachi in 2020 that killed 97 people.

“We welcome the authorities’ privatization efforts and the completion of the PIA privatization process, which was a commitment under the EFF,” Mahir Binici, the IMF’s resident representative in Pakistan, said in response to an Arab News query, referring to the $7 billion Extended Fund Facility.

“This privatization represents a milestone within the authorities’ reform agenda, aimed at decreasing governmental involvement in commercial sectors and attracting investments to promote economic growth in Pakistan,” he added.

The IMF has long urged Islamabad to reduce the fiscal burden posed by loss-making state firms, which have weighed public finances for years and required repeated government bailouts. Beyond PIA, the government has signaled plans to restructure or sell stakes in additional SOEs as part of broader reforms under the IMF program.

Privatization also remains politically sensitive in Pakistan, with critics warning of job losses and concerns over national assets, while supporters argue private sector management could improve efficiency and service delivery in chronically underperforming entities.

Pakistan’s Cabinet Committee on State-Owned Enterprises said on Friday that SOEs recorded a net loss of Rs 122.9 billion ($442 million) in the 2024–25 fiscal year, compared with a net loss of Rs 30.6 billion ($110 million) in the previous year.