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Tag Archives: Dr. Murtaza Mughal

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Pakistan Economy Watch demands steps to ensure food security

Lahore : The Pakistan Economy Watch (PEW) on Sunday demanded steps to ensure food security as the problem in Pakistan is not linked to the availability of food but its prices which are out of the reach of many. It expressed reservations over government response to the looming food security ... Read More »

Pakistan-Iran FTA to be finalised in three months: Ambassador Mehdi Honardoost

Lahore : Iranian Ambassador to Pakistan Mehdi Honardoost has said that banking channels between Tehran and Islamabad will start working soon as the top officials of the central banks of the two countries are scheduled to meet within days. Improved banking ties will boost bilateral trade between the two countries ... Read More »

PEW asks economic managers to prefer reforms over loans

Lahore : The Pakistan Economy Watch (PEW) on Thursday asked the economic managers to focus on reforms as emphasis on acquiring loans is against the national interests. Excessive focus on loans has pushed foreign loans to seventh three billion dollars which the GDP lacks repayment capacity, it said. Getting more ... Read More »

Govt shouldn’t compromise CPEC development : Dr Murtaza Mughal

Lahore: The Pakistan Economy Watch (PEW) on Sunday said government should provide all the required resources for timely completion of China-Pakistan Economic Corridor. Delaying the project to resource constraints is not acceptable and the masses will never allow it, it said. One-third of the developmental budget has already been slashed to ... Read More »

PEW demands action against pharma mafia for artificial shortage of drugs

Lahore: The Pakistan Economy Watch (PEW) on Monday demanded forceful action against pharma mafia for creating artificial shortage of drugs to enhance profit. Those playing with the lives of masses for the sake of money should be dealt according to the law, it said. Avoiding any action against profiteers amounts ... Read More »

Unilateral decisions hurting exports, economy:Dr. Murtaza Mughal

Lahore: The Pakistan Economy Watch (PEW) on Sunday demanded democracy in the process of decision making regarding critical economic issues. All the economic decisions are being taken by one person without regarding the opinions of others which is unnatural as a single mind cannot properly cover all the economic sectors, it ... Read More »

Oil and gas companies violating Ogra decisions: PEW

Lahore: The Pakistan Economy Watch (PEW) on Sunday said oil and gas companies are violating decisions of Ogra to maximise profits on the cost of consumers. Federal Ministry of Petroleum and Natural Resources has started bypassing oil and gas regulator in favour of oil and gas companies which amounts to ... Read More »

Masses subjected to double taxation to benefit elite: PEW

Lahore: The Pakistan Economy Watch on Sunday said government’s decision to put additional burden of Rs 110 billion on masses to build gas pipelines is highly discriminatory and illegal. Trillions have been collected under the head of Gas Infrastructure Development Cess (GIDC) to finance pipelines during the last six years ... Read More »

PEW criticises SNGPL for increasing gas tariff by 47 percent

Lahore: The Pakistan Economy Watch (PEW) on Friday criticised SNGPL for its effort to get gas tariff increased by 47 percent and asked Ogra to turn down the application. SNGPL is least concerned about plight of masses and the business community and all it want is increased profit to please ... Read More »

Rupee shouldn’t be devalued on demand of textile sector:PEW

Lahore: The Pakistan Economy Watch (PEW) on Sunday said Pakistani exports have not dwindled down overnight expanding trade gap. Favouritism, appointments in violation of merit and misuse of export incentives are to be blamed for the situation, it said. Situation will not change unless appointments are made strictly on merit, outdated ... Read More »

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