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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 »

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 »

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 »

Pakistan Economy Watch opposed the move to deregulate prices of sugar

Lahore: The Pakistan Economy Watch on Wednesday opposed move of the government to deregulate prices of sugar terming it against the interests of masses as it will trigger price hike. The decision to deregulate prices, allowing export of half million tonnes of sugar and an export subsidy of Rs 13 ... Read More »

Sri Lanka and Gabon sold bonds costlier than Pakistan: Pakistan Economy Watch

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 »

Gas officials continue to misguide government: PEW

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 »

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 »

Power struggle in FPCCI divides businessmen: Pakistan Economy Watch

Lahore:  The Pakistan Economy Watch (PEW) on Friday said power struggle in the FPCCI has effected work, polluted environment and disunited businessmen. The struggle between president FPCCI and another leader considered de facto president by many has been intensified which has divided business leaders into groups which is felt across ... Read More »

PEW lashes government for allowing import of wheat despite bumper crops

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 »

PEW asks government to take steps to enhance Pakistan’s penetration in global halal market

Lahore: The Pakistan Economy Watch (PEW) on Sunday asked government to take steps to enhance Pakistan’s penetration in three trillion dollar global halal market in which its share is negligible despite potential. Non-Muslim countries have dominated the halal market which is growing at the rate of 17 percent per annum ... Read More »

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