Lahore: The Pakistan Economy Watch (PEW) on Sunday said government must change culture of the institutions to get budget targets.Pakistan need enlightened and responsible civil service to reduce budget deficit and inflation and enhance revenue collection, it said. Deteriorating institutions and venal bureaucracy is the biggest hurdle in broadening the ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Sunday said that ruling elite has presented a budget made to benefit the oppressive class which lacks any initiative to lift people out of abject poverty. The federal budget will increase the exploitation of the masses as our economic managers who are best at ... 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 (PEW) on Friday questioned claims of the government regarding reduction in unemployment, improvement in per capita income and improved energy situation. How come the unemployment was reduced from 6 percent to 5.8 percent and per capita income increased from 1384 dollars to 1513 dollars when ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Sunday said Trade Development Authority of Pakistan (TDAP) hasn’t paid attention to find export markets for surplus wheat which will destabilise local market and pave way for exploitation of farmers. Wheat crop has been badly hit by rain in many areas while slow ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Sunday said authorities have failed to provide enabling environment to exporters which will result in missed export target. Country is set to miss export target of $27 billion frustrating all the efforts aimed at improving balance of payment situation. At one hand the ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Sunday demanded steps by the authorities to save wheat growers from the cartel of buyers. Buyers of wheat have decided to slow down purchase of wheat so that prices could slide adding to their windfall which is exploitation of the farmers, it said. According ... 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 abandoning or delaying some of the critical coal energy projects is not in the national interests. Chinese companies have invested a lot in some of the important coal-fired projects therefore putting them on the backburner may have a negative impact on ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Monday opposed import of Liquefied Natural Gas (LNG) through state-run oil retailer Pakistan State Oil (PSO) to tame energy crisis terming it against the national interests. PSO has repeatedly failed to maintain supply chain of the fossil fuel resulting in crisis, the credit of ... Read More »
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