Lahore: The Pakistan Economy Watch (PEW) on Thursday said federal budget which has been designed to please rural elite which will help ruling party to win next general elections. Government plants to reward landlords to get votes from areas lying under their influence, it said. The anti-masses budget proves that economic ... Read More »
Lahore: The Pakistan Economy Watch on Sunday said international community should unite to counter threat of low oil prices as it will bankrupt oil importing developing countries before the oil-rich nations paving way for another international crisis. Pakistan should reduce expenditure, enhance exports and focus on value-addition as well as ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Sunday said fiscal irresponsibility, mismanagement of resources, sliding exports, shrinking tax base and lack of reforms continue to push government to rely of loans which can prove a threat to nuclear programme. Those who are crediting themselves for economic miracle base of foreign ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Sunday said mismanagement and high charges by different government departments has made LNG costly than the furnace oil which can damage the project. The high price of LNG has discouraged customers as IPPs have refused to use the Liquefied Natural Gas despite persuasion by ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Wednesday said gas officials continue to misguide government and masses on the issue of increasing theft. Gas companies have been overtaken by mafia which have made a policy to blame others while remaining over the corruption in the utilities, it said. A senior ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Thursday said federal and provincial government should not alter budget allocations to suit their designs. The central and provincial governments continue to exceed limits of current expenditures to impose cuts on the developmental budgets keeping masses underdeveloped, said Dr. Murtaza Mughal, President PEW. ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Tuesday said budget will intoxicate the already flimsy investment climate in the country resulting in shrink industrial base, tax evasion and flight of capital. Industrialists would prefer trading, real estate and construction sectors over expansion while many would relocate or simple transfer funds ... Read More »
Lahore: The Pakistan Economy Watch asked the Supreme Court to look into wheat scam which benefitted few at the cost of millions of farmers, consumers and public exchequer. Government allowed import of wheat despite bumper crops since two years and surplus stocks giving opportunity to private sector and flour mills mafia ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Monday demanded a study to look into pros and cons of the liberalisation of exchange rate regime. It also demanded a sturdy to know the advantages and disadvantages of linking economy to the international market which left economy exposed to the impact of ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Tuesday said attack on an anchor is the beginning of a devastating conspiracy to transform Army and Inter Services Intelligence (ISI) into ineffective institutions. An international conspiracy has been hatched against institutions promising sovereignty of Pakistan to transform it into a fragile satellite ... Read More »
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