KARACHI: President Yahya has said that he would throw any aid back on to the donor’s face if there are strings attached. The President said this in an interview published in “Kavhan International” of Teheran in its issue of July 27. … According to the paper, the President said: “They say I am under pressure from this or that Big Power. That is nonsense. Those who say that don’t know me. … I have made it clear that I shall throw any aid back on the donor’s face if there are strings attached.” — Agencies
[Meanwhile, as reported by the newspaper’s staff correspondent in Dacca,] The Governor, State Bank of Pakistan, Mr S.U. Durrani announced the withdrawal of all selective credit controls and ceilings of all kinds on lending by banks in East Pakistan forthwith. … This was meant, the Governor said, to give the banks incentives to expand credit in East Pakistan to the limits required to regenerate the economy. The banks in West Pakistan will, however, continue to be subjected to the discipline of the current selective credit controls….
[Agencies add from Washington,] Secretary of State William Rogers announced … United States will favour seating of China at the United Nations General Assembly this fall but will oppose any move to oust Taiwan….
Published in Dawn, August 3rd, 2021