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Member Oil Orga appointed illegally :PEW

Lahore: The Pakistan Economy Watch (PEW) on Monday said that recent appointment of Member Oil in Oil and Gas Regulatory Authority (Ogra) is against the rules and regulations. It can hamper the working of the Ogra which is already performing below the expectations of stakeholders, it said. In a statement ... Read More »

Govt efforts to reduce energy poverty lauded

Murtaza MughalLahore: The Pakistan Economy Watch (PEW) on Friday lauded the government for keeping energy high on agenda despite political crisis so that energy poverty can be reduced in the country. Well-being of large numbers of people in developing countries is negatively affected by very low consumption of energy which is fundamental ... Read More »

LNG prices in the international market should be taken as a golden opportunity: PEW

Lahore: The Pakistan Economy Watch (PEW) on Thursday said retreating coal and LNG prices in the international market should be taken as a golden opportunity by policymakers to offset energy crisis in Pakistan. Government has planned to produce 9000MW electricity with the help of imported coal whose prices has come ... Read More »

Political instability to result in increased debt burden

Lahore: The Pakistan Economy Watch (PEW) on Sunday said continued political instability has compromised government’s ability to generate revenues which will result in increased debt burden and inflation. Generally governments rely on taxes, exports, debt and printing currency to meet their expenses but Pakistan has last two options as there ... Read More »

Pakistan to lose ranking in various int’l indexes due to sit-ins: PEW

Lahore: The Pakistan Economy Watch (PEW) on Sunday said political agitation will result in lowered ranking for country in various subjects including the World Bank’s next Doing Business Report compromising its image. The World Bank in its 2014 publication lowered Pakistan’s ranking in ease of doing business from 106 in ... Read More »

PEW suggests changes in National Power Policy 2013

Lahore: The Pakistan Economy Watch (PEW) on Sunday suggested changes in National Power Policy 2013 terming it contrary to the national interests. The policy needs immediate review as it will serve no purpose except jacking up electricity price and draining foreign exchange reserves, said Dr. Murtaza Mughal, President PEW. He ... Read More »

Expected taxation measures in upcoming budget will add to prevalent poverty

Lahore: The Pakistan Economy Watch said taxation measures expected to be introduced in the upcoming budget will add to prevalent poverty in the country. There would be no significant growth in the GDP due to depressed economic situation as authorities continue to focus on short term measures ignoring long-term strategies, it ... Read More »

PEW is educating masses:Vice President FPCCI Munawar Mughal

Lahore: Vice President of the FPCCI Munawar Mughal has lauded the services of Pakistan Economy Watch (PEW) in the development of the country. Praising the services of PEW, he asked Dr. Murtaza Mughal, President of the PEW to keep serving the country while educating masses. Munawar Mughal said this while ... Read More »

Govt policies to further strengthen rupee, stabilise economy

Lahore: The Pakistan Economy Watch (PEW) on Sunday said government policies would further strengthen rupee and stabilise the economy while dollar will witness additional retreats. The confidence of local and foreign investors has been steadily increasing which will result in around 13 billion of forex reserves by the yearend, it said. ... Read More »

India responsible for Pakistan’s food security problems: PEW

Lahore: The Pakistan Economy Watch (PEW) on Monday said India remains the biggest threat to Pakistan’s food security situation. Almost sixty per cent of Pakistanis are facing food insecurity among which majority are women and children confronting hunger due to India’s water terrorism, it said. Policymakers to chart out a ... Read More »

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