Archive for June, 2010

Pipeline to transform Pakistan into Asian Tiger

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It can help improve relations with China, resolve water dispute with India
Gas not a wildcard, no threat to US monopoly
US failed to provide substitute

Peace pipeline has potential to transform Pakistan into an Asian Tiger. It can help resolve water dispute with India, said The Pakistan Economy Watch (PEW) on Sunday.
Iran-Pakistan gas pipeline will not boost Iran economy and influence to a level that is unaccepted by US. Tehran will never emerge as a monopolistic supplier; it is not a wildcard in hands of Ahmadinejad.
Americans are opposing the project as they have perceived the project as a threat to their monopoly in the region but have failed to offer any alternative, said Dr. Murtaza Mughal, President PEW.
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Immediate govt’s intervention needed can save crumbling CNG sector

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No future for gas business without rapid relocation to neglected areas
The Pakistan Economy Watch (PEW) on Friday said that once flourishing CNG sector is gradually falling into decay.
Many investors are facing losses while hundreds have closed businesses. Hundreds of conversion outlets have simply pulled the shutters down pushing thousands into unemployment.
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Solar ATMs can save Rs 650m annually

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Cellphone cos can help save power, reduce oil bill & pollution
SBP asked to improve Retail Payment System

The Pakistan Economy Watch (PEW) on Sunday said country can save electricity worth Rs 650 million annually if the existing automated teller machines (ATMs) are converted on solar power.
ATMs deriving energy from the sun can also work without air-conditioning; one such machine can save up to Rs 1.5 lakh annually.
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پاکستان میں رائج دہرا معیار ختم کیا جائے

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غیر ملکی جاسوسوں کو معزز مہمان سمجھا جاتا ہے
اسلام آبادپاکستان اکانومی واچ کے صدر ڈاکٹر مرتضیٰ مغل نے کہا ہے پاکستان میںمختلف الزامات کے تحت گرفتارہونے والے غیر ملکیوں کے لئے الگ قانون رائج ہیں۔ غریب ممالک سے تعلق رکھنے والے افراد کوکئی ماہ بلکہ بعض صورتوں میںکئی سال تک سرکاری مہمان رکھنے کے بعد ملک بدر کر دیا جاتا ہے مگر مغربی ممالک کے باشندوں کو دہشت گردی، جاسوسی ،

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Speakers stress serious govt’s attention towards education

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Teaching not directing students toward a positive role in society
Education for all a constitutional obligation for Govt

Speakers at a seminar called for reforming education sector to bring Pakistan at par with other countries and ensure a better future for generations to come.
They said that the system of formal teaching is not delivering which demands an immediate overhaul.
Speaking at a function at Wah Islamic School of Excellence (WISE), SVP of PML-Q and former foreign minister Akram Zaki, Lt. Gen (Retd) Amjad Shoaib, Dr. Murtaza Mughal, President, Pakistan Economy Watch, Dr. Atta ur Rehman and others said reduction in education budget will hurt the efforts to develop society.
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Deserts can become energy powerhouses

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Alternative energy has potential to change fate of Pakistan
The Pakistan Economy Watch (PEW) on Sunday said country could transform deserts into power capitals by using them to generate solar energy.
Solar energy can also turn our badlands into lush green farms ensuring food security for generations.
Twelve EU countries are spending $560 billion to generate solar power while our budgetary allocation for promotion of alternative energy is mere Rs 61.6 million which indicates lack of awareness and interest, said Dr. Murtaza Mughal, President PEW.
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Reduced education allocation a wrong political decision

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The Pakistan Economy Watch (PEW) on Saturday said poor have been deprived of basic right to education by slashing the budgetary allocation, which amounts to encouraging those who take education as a profitable business.
Many private educational institutions have raised fees from 15 to 30 per cent after the budget that is unfortunate.
Reduced allocation for education is a wrong political decision, said Dr. Murtaza Mughal, President PEW. As a result, number of children who have no access to schooling will swell from 30 million.
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PM’s secretariat breach raises security concerns: PEW

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ISLAMABAD: The Pakistan Economy Watch (PEW) on Wednesday said thievery of classified data from Prime Minister’s secretariat has once again raised security and privacy concerns and underscored the need to follow safety measures.
It called for immediate implementation of information security policy for all government departments and private ventures to ensure security and confidentiality.
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Budget not balanced, disappointing for commoners

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The Pakistan Economy Watch (PEW) on Sunday said the Rs 3.25 trillion budget seems to be too optimistic when it comes to additional taxation measures of Rs 133 billion and 4.5 pc growth rate for FY 2010-11.
50 pc hike in salary of govt employees and income tax exemptions for businessmen and salaried class has nothing to do with the majority who are not immune to the uncontrolled inflation.
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Dr. Mughal leaves for Tehran on Iran’s invite

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 Scheduled to meet intelligentsia, economists and President Ahmadinejad
Dr. Murtaza Mughal, President Pakistan Economy Watch (PEW) on Wednesday left for Tehran with a delegation on the invitation of Iranian government.
He is leading a delegation of Writer’s Unity Pakistan that is scheduled to meet journalists, writers, critics and journalists and intelligentsia.
Besides, the delegation will also meet economic experts and officials of foreign office. Additionally, it will attend a number of seminars and presentations.

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