Archive for September, 2013

Islam forbids harming anybodye: Speakers

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Government, masses should safeguard the minorities
True follower of the Prophet Muhammad (Peace Be Upon Him) will never harm any innocent and never indulge in any immoral activity, speakers said at a seminar.
Unfortunately Islam has been associated with terrorism and violence due to the actions of a few extreme individuals who’ve taken it upon themselves to do the most heinous crimes in the name of Islam, they said.
Sahibzada Sultan Faizul Hassan of Astana-e-Alya Haq Bahu, Professor Ijaz Mehmood Qadri and others said this while speaking at Pakistan Economy Watch (PEW) forum held the other day.
They said that tragic events like church bombing in Peshawar are assumed to be justified by Islam in minds of some misguided people who are defaming religion.
The actions of a few fanatical individuals who happen to have Muslim names should not be a yardstick by which Islam is judged.

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Local currency being destroyed intentionally

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Leander trapped Pakistani negotiators into currency crisis
Over nine per cent fall in rupee value exposes wisdom of economic managers
The Pakistan Economy Watch (PEW) on Thursday said local currency is being destroyed deliberately on the command of IMF.
The negotiating team of the international lender trapped Pakistani officials during face-to-face negotiations which pushed country into a severe currency crisis.
IMF team that carefully laid this trap knew that Pakistanis are are highly unlikely to walk out of the talks even if the vital national interests were to be compromised, said Dr. Murtaza Mughal, President PEW.
Rupee has shed over nine per cent value against major currencies, especially USD since PML-N formed government which speaks of the competence of their economic managers, he said.

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فارما مافیا ڈاکٹروں کو بھاری کمیشن دیتی ہیں، عوام سے ایک روپے کی رعایت کو تیار نہیں

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فارما کمپنیاں غریب عوام کی جیب پر نوے ارب سالانہ کا ڈاکہ مار رہی ہیں۔ میاں آفتاب
جان بچانے والی ادویات موت کے منتظر غریب عوام کی پہنچ سے باہر ہو گئی ہیں
ہیلتھ واچ کے صدر میاں آفتاب نے کہا ہے کہ حکومت کا کنٹرول نہ ہونے اورمتعلقہ حکام کی ملی بھگت سے سبب مقامی اور کثیر القومی ادویہ ساز کمپنیوں نے متعدد مصنوعات کی قیمتوں میں غیر قانونی اضافہ کر کے غریب عوام پر نوے ارب روپے سالانہ کا بوجھ بڑھا دیا ہے۔ فارما انڈسٹری ایک مافیا بن چکی ہے جو بلا روک ٹوک عوام کا استحصال کر رہی ہے۔ پاکستان اکانومی واچ کے صدر ڈاکٹر مرتضیٰ مغل سے بات جیت کرتے ہوئے انھوں نے کہا کہ جان بچانے والی ادویات موت کے منتظر غریب عوام کی پہنچ سے باہر ہو گئی ہیں ادویہ ساز کمپنیاں ڈاکٹروں اورمحکمہ صحت کے حکام سے مل کر عوام کا بدترین استحصال کر رہے ہیں جبکہ حکومت خاموش تماشائی بنی ہوئی ہے۔

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Karachi action to boost economy and rating of PML-N

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Peace in Karachi to be one of the greatest achievements of the Govt
The Pakistan Economy Watch (PEW) on Sunday said government’s interest in ensuring peace in Karachi will boost economy and rating of PML-N leaders.
During the last several decades politicians continued to assure masses and the business community of good days but they get nothing except encouraging statements, it said.
Now, government seems serious about reviving economy and clearing Karachi of organised is an integral part of this strategy, said Dr. Murtaza Mughal, President PEW.
He said that government stance has improved morale of the law enforcing agencies and targeted operations in different parts of the city has improved the situation.
The decisions of the government including amendment in the ATA will strike terror in the hearts of hardened criminals and infuse confidence in the subordinate judiciary without which whole exercise will remain futile, he observed.

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Ogra pushing country towards another crisis: PEW

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Ogra decision to put a mln vehicles out of service, hurt 80m commuters
Daily life badly hurt by the decision taken to please LPG mafia
The Pakistan Economy Watch (PEW) on Thursday said Oil and Gas Regulator Authority (Ogra) is pushing country towards another severe crisis on the behest of powerful LPG mafia.
The hydrocarbon regulator has issued another illegal order asking provinces to remove all the CNG cylinders from the commercial vehicles disregarding the fact that they have been cleared by almost a dozen of other government departments, said Dr. Murtaza Mughal, President PEW.
He said that all the provinces, especially Punjab has started acting upon the unlawful and unclear directives of the Ogra without considering its outcome.
The controversial decision has left owners of Toyota Hiace, Suzuki pickups and taxis on the mercy of police and provincial transport authorities. CNG cylinders are being removed from hundreds of vehicles while hundreds others ferrying masses have already gone off the road indefinitely, he said.

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ڈالر انٹربینک مارکیٹ میں105.15روپے کا ہو گیا:ڈاکٹر مُرتضیٰ مُغل کی خصوصی گفتگو

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IMF conditions a death-blow for fragile economy

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Int’l lenders have done more harm than good
The Pakistan Economy Watch (PEW) on Sunday said that tough conditions of International Monetary Fund (IMF) will deal a death blow for the beleaguered economy of Pakistan.
International lenders are not concerned about the development of Pakistan which is addicted to foreign loans since Ayub Khan’s era without any positive outcome, it said.
Unlike the common notion, the foreign loans have weakened the economy, eroded the currency and buying power of masses and promoted the interests of elite, said Dr. Murtaza Mughal, President PEW.

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Pharma co criticised for unilateral, unethical hike in price of tetanus medicine

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The Pakistan Economy Watch (PEW) on Sunday asked the Prime Minister and Chief Justice of Pakistan to take notice of illegal hike in the price of tetanus medicine by a local pharmaceutical company.
The immoral upward revision in the price of medicine by an Islamabad based company with the help of officials concerned of health ministry amounts to exploitation of masses, it said.
The approved price of tetanus injection was Rs 42 which was recently revised upward to Rs 62 without getting approval of the regulator, said Dr. Murtaza Mughal, President PEW.
The move will add Rs430 million annually to the profit of the company which is selling two million injections per month in the country, he added.

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Govt responsible for erosion in value of currency: Murtaza Mughal

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PEW expresses grave concern over falling rupee
The Pakistan Economy Watch (PEW) on Thursday expressed grave concern of dwindling rupee holding government responsible for the mess.
Government has been systematically damaging local currency to live up to the secret agreement reached with the IMF without considering its implications, it said.
The deal with the lender has made rupee one of the world’s worst-performing currencies; it has raised cost of external debt servicing, cost of domestic debt, cost of imports and opened floodgates of inflation, said Murtaza Mughal, President PEW.
Talking to President IWCCI Farida Rashid, he said that the demand for dollar is set to increase leading to dollarization of the economy where people keep their savings in dollars as hedge against inflation while use local currency for daily expenditure only.

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