Archive for the Rehbar category

FFC Enery, AEDB makes history, sent positive signals

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Master Plan for rural electrification through renewable energy demanded
Energy crisis greatest bottleneck in supply of resources to economy

The Pakistan Economy Watch (PEW) on Sunday said that alternative forms of energy are becoming more cost-competitive with conventional fuels therefore government should accelerate the pace of its development.

Energy crisis is greatest bottleneck in the supply of resources to our economy; it is biggest problem than terrorism, said Dr. Murtaza Mughal, President PEW.

He said that some areas will have to brave 23-hour load shedding by 2020 if development of energy resources was not given proper attention.

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Govt policies repelling investment

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Massive private capital leaving country
Negative return on deposits a reason behind capital flight
The Pakistan Economy Watch (PEW) on Sunday said the policies of the government are repelling the investment and indirectly supporting flight of capital at a time when it is badly needed at home.
Capital flight proves that some investors are not only disturbed but have lost faith in the economic policies of the government, it said.
The disappearance of wealth can result in sharp drop in the exchange rate leaving authorities with no option but to choke productive sector to keep it reserves intact, said Dr. Murtaza Mughal, President PEW.

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Propaganda against armed forces, ISI amounts to treason

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The Pakistan Economy Watch (PEW) on Monday said that country is passing through a critical stage and propaganda against armed forces and ISI at this critical juncture amounts to treason.
We reject deadly propaganda against armed forces and ISI which is a conspiracy to brainwash common people to create a rift between masses and the national security institutions, said Dr. Murtaza Mughal, President PEW. read more…