Archive for January, 2010

Banking sector need sweeping reforms: Prof Khurshid

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Senator Professor Khurshid Ahmed on Friday said whole banking structure of country need reforms irrespective of any distinctions as current state of affairs is not supporting fragile economy.

He said that performance of State Bank of Pakistan is unsatisfactory and we have reservations over some of its decisions. read more…

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PEW demands transparency in government institutions

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The Pakistan Economy Watch (PEW) on Tuesday demanded enhanced transparency in the government organisations to ensure efficiency and prosperity.
The legality of the process through which a government department can own a private company is vague therefore it is exploited, said spokesman of PEW Mirza Riaz, in a statement issued here today. read more…

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Banks advised to install extra layers of security

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The Pakistan Economy Watch (PEW) on Sunday called for enhanced security measures as the world’s most powerful e-crime syndicate is again attacking important financial institutions.
Computer security experts should arrange extra layers of internet security to ensure privacy of digital depositories and save financial as well as personal data of consumers. read more…

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Facts about Ashura bombing should be brought to public eye

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Beneficiaries violent disorder in Karachi should be probed
The Pakistan Economy Watch (PEW) on Sunday demanded that facts about the Ashura bombing should be brought to limelight. All probabilities should be analysed thoroughly and beneficiaries should be probed.
The rampage that followed the 10th Muharram blast clearly shows that local youngsters were not looting the shops but interested in destruction only. read more…

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Overinflated Gas Tariff: Govt’s New Year Gift to the Nation

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Democracy is the best revenge from masses
The Pakistan Economy Watch (PEW) on Friday criticized 18 per cent hike in gas tariff terming it a New Year greetings by a democratically elected government to millions of the economically challenged.
Another unjustified demand of IFM has been fulfilled which strengthens the impression that democracy is the best revenge from masses. read more…

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