Lahore: The Pakistan Economy Watch (PEW) on Thursday said Gilgit-Baltistan (GB) oil mafia which reaped illegitimate benefits to the tune of billions during Musharraf’s era has become active again. The mafia is using all the ploys to tame state-run oil marketing company and the officials of Ogra as well as ... Read More »
Tag Archives: pakistan economy watch
Feed SubscriptionSteps freeing medicine from clutches of pharma industry demanded
Lahore: The Pakistan Economy Watch (PEW) on Wednesday lauded Prime Minister Nawaz Sharif for reversing notification of fifteen per cent hike in prices of drugs issued by health ministry terming it a proper step in the public interest. Pakistan’s vibrant pharma industry doesn’t deserve any more relaxations or upward revision ... Read More »
Bringing down the Dollar could stable the prices
Lahore: The Pakistan Economy Watch (PEW) on Wednesday expressed grave concern over depleting foreign exchange reserves asking government to take instant steps to improve the situation. Foreign exchange reserves held by the State Bank of Pakistan (SBP) have contracted to lowest level since November 2001 which is alarming, it said. ... Read More »
IMF conditions a death-blow for fragile economy:PEW
Lahore: The Pakistan Economy Watch (PEW) on Sunday said that tough conditions of International Monetary Fund (IMF) will deal a death blow for the beleaguered economy of Pakistan. International lenders are not concerned about the development of Pakistan which is addicted to foreign loans since Ayub Khan’s era without any ... Read More »
No poverty reduction sans ample energy:PEW
Lahore: The Pakistan Economy Watch (PEW) on Sunday asked the government to promote new investments in the energy sector by introducing better regulations as poverty cannot be reduced in presence of energy scarcity. Access to energy is imperative to transform lives which is not getting proper attention on the national ... Read More »
IT can alleviate poverty, transform society and economy
Lahore: The Pakistan Economy Watch (PEW) on Sunday said information technology can help alleviate poverty and transform our society and economy. Pakistan can accelerate economic growth to get rid of many problems by improving its talent pool with the help of technology, it said. The incoming government should initiate expanded online learning ... Read More »
Masses hope Nawaz Sharif will spark economic revival:PEW
Lahore: The Pakistan Economy Watch(PEW) on Monday said the credit of successful elections goes to undeterred masses, judiciary and the Election Commission. The failure of PPP is being attributed to unabated corruption, energy crisis, destruction of independent institutions and decisions of some advisors with dual nationality, it said. After unexpected ... Read More »
US influence emerges as major threat to Pakistan’s economy
Islamabad: The Pakistan Economy Watch (PEW) on Sunday said that American influence in Pakistan has reached to a limit where national dignity, sovereignty and interests are being compromised without considering the outcome. Pak-Iran gas pipeline, one of the most vital and long-delayed projects necessary for the survival of the country ... Read More »
Business community facing forced contributions for elections
Islamabad:The Pakistan Economy Watch (PEW) on Sunday asked the Political parties and contesting candidates to refrain from harassing business community in the name of donations for election campaign. Business community in various parts of the country is facing unusual and undue pressure for political contributions by some parties which is ... Read More »
Outcome of D-8 summit unsatisfactory:PEW
Lahore:The Pakistan Economy Watch (PEW) on Thursday said outcome of recently held D-8 Summit was nothing more than disappointment. The Summit produced a largely meaningless document that failed to address the challenges the block is faced with, it said. The 35-point declaration of the eighth Summit was as flawed as ... Read More »