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Budget prefers politics over economy : PEW

Lahore:  The Pakistan Economy Watch (PEW) on Friday said Government income due to taxation has been miscalculated in the budget as Federal Board of Revenue’s (FBR) tax collection target of Rs 2810 billion is unachievable. Government has failed to broaden the tax base leading it to increase burden on existing taxpayers and ... Read More »

Islam offers best model for Corporate Social Responsibility:Dr Murtaza Mughal

Lahore: President of the Pakistan Economy Watch (PEW) Dr. Murtaza Mughal said Islam offers best model for Corporate Social Responsibility (CSR) while the western model is imperfect. Islam has very specific rules and guidelines concerning economic life; responsible CSR practices across the world are in many ways consistent with an Islamic ... Read More »

PEW condemns Proposal to shut down Punjab CNG stations

Lahore: The Pakistan Economy Watch (PEW) on Monday criticised the proposal to shut down CNG filling stations in Punjab for two months to provide additional natural gas to power houses. Terming the move as anti-masses, it said that captive power plants (CPPs) that have inflicted a loss of over Rs ... Read More »

PEW demands probe against the element who foils Govt’s CNG move

Lahore: The Pakistan Economy Watch (PEW)  said bureaucracy has frustrated the plan of the federal government to provide relief to masses by providing CNG seven days a week and demanded a probe against elements who have conspired to frustrate efforts of the government to fulfil its promise made during the election ... Read More »

Governor of Punjab awarded PEW for its services in the field of economy

Lahore: Governor of Punjab Chaudhry Muhammad Sarwar has awarded Pakistan Economy Watch (PEW) with best achievements award for its services in the field of economy and promoting Islamic Economic Model in Pakistan. The award was received by Dr. Murtaza Mughal, President PEW in a ceremony held at Governor House Lahore. Governor Punjab Chaudhry Muhammad Sarwar lauded the services ... 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 »

Water scarcity to make Pakistan a failed state in a decade

Lahore: The Pakistan Economy Watch (PEW) on Sunday said water scarcity is to transform Pakistan into a totally failed state within a decade. War between Pakistan and India on the issue of water resources seems inevitable as serious efforts by Islamabad to increase trade between the two countries has not ... Read More »

Economic stability linked to food security: PEW

Lahore: The Pakistan Economy Watch (PEW) on Sunday asked the government to improve food security situation without which stability cannot be ensured Pakistan must improve its deteriorating ranking in food security index as almost half of the country’s population remains food insecure, it said. Every individual has a right to physical ... Read More »

PEW call for increasing petroleum storage capacity in the Gilgit-Baltistan

Lahore: The Pakistan Economy Watch (PEW) on Wednesday called for increasing petroleum storage capacity in the Gilgit-Baltistan (GB) to avoid any future problems. Expressing concern over the current situation, it called for boosting GB petroleum storage capacity by 400 per cent which can help masses as well as armed forces ... Read More »

PEW slams propaganda against coal power generation plans

Lahore: The Pakistan Economy Watch (PEW) on Sunday slammed propaganda against government’s coal power generation plans terming it an attempt of powerful oil lobby to further tilt energy mix in favour of imported fossil fuel. Converting furnace oil based power plants to Thar coal can help save around six billion ... Read More »

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