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PEW asks economic managers to prefer reforms over loans

Lahore : The Pakistan Economy Watch (PEW) on Thursday asked the economic managers to focus on reforms as emphasis on acquiring loans is against the national interests. Excessive focus on loans has pushed foreign loans to seventh three billion dollars which the GDP lacks repayment capacity, it said. Getting more ... Read More »

Budget allocations shouldn’t be altered: Shahid Rasheed Butt

Lahore: The Pakistan Economy Watch (PEW) on Thursday said federal and provincial government should not alter budget allocations to suit their designs. The central and provincial governments continue to exceed limits of current expenditures to impose cuts on the developmental budgets keeping masses underdeveloped, said Dr. Murtaza Mughal, President PEW. ... Read More »

Energy crisis in Pakistan suits some influential: PEW

Lahore: The Pakistan Economy Watch (PEW) on Sunday said circular debt amounting to Rs 600 billion has resurfaced scaring investors, threatening industrial output and jeopardising growth rate. Government has settled circular debt after coming to power but serious steps were not taken to stop it from reappearing which is disappointing, ... Read More »

Imported seed to devastate farmers, agriculture sector: PEW

Lahore: The Pakistan Economy Watch (PEW) on Wednesday criticized renewed determination by the government to introduce genetically modified seed which has proved to be harmful for human health, livestock and environment. Large scale introduction of the seed through law without detailed study into its pros and cons may result devastate agriculture ... Read More »

Petrol price can be reduced by Rs 16 per litre:PEW

Lahore: The Pakistan Economy Watch (PEW) on Friday said prices of all petroleum products can be reduced while keeping government’s margin intact. The price of petrol can be reduced by Rs 16 which will give benefit to masses and industry to reduce inflation drastically, said Dr. Murtaza Mughal, President PEW. ... Read More »

Promoting CNG would reduce oil import bill : PEW

Lahore: The Pakistan Economy Watch (PEW) on Thursday demanded separate lines for women car drivers on the CNG outlets across Pakistan to provide them some relief. Women are 52 percent of the population but few drive cars therefore it would not be difficult to provide them relief in getting environment ... Read More »

Kashmiri hydro potential can bridge power deficit

Lahore: The Pakistan Economy Watch (PEW) on Sunday said lack of funding has reduced speed of development in Azad Jammu Kashmir. Almost all the sectors including health, education, infrastructure, tourism and industries continue to struggle which has added to unemployment and other issues, said Dr. Murtaza Mughal, President PEW. Talking to ... Read More »

Attack on anchor beginning of conspiracy against Army

Lahore: The Pakistan Economy Watch (PEW) on Tuesday said attack on an anchor is the beginning of a devastating conspiracy to transform Army and Inter Services Intelligence (ISI) into ineffective institutions. An international conspiracy has been hatched against institutions promising sovereignty of Pakistan to transform it into a fragile satellite ... 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 »

Injustice may pave way for unexpected military intervention

Lahore: The Pakistan Economy Watch (PEW) on Wednesday said timely statement of Chief of Army Staff General Raheel Sharif in the prevailing complex and challenging environment has boosted morale of Army. Confrontation between important institutions is detrimental for country and economy which has been stabilising after decades, said Dr. Murtaza Mughal, ... Read More »

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