21. 07. 11
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Political reconciliation can boost economy: Ch. Shujaat
National Reconciliation Policy needed: Dr. Mughal
President PML-Q Ch. Shujaat Hussain on Wednesday said Pakistan is caught in a deepening economic crisis which can be resolved through political reconciliation.
Economy can prosper if all political forces find common ground to bring country out of current mess to ensure political and economic stability.
The veteran politician said that Pakistan has enough resources and human capital to become a major economic power but some politicians are working contrary to the national interests to gain mileage, he said. read more…
In: Al-Sharq, All Voices New York, Asas, Azkar, Business Recorder, Din, Islam, Jammu&Kashmir, Jinnah, Kashmir Times, Khabrain, Labbaik, News Mart, Pakistan Observer, Public Eye, Sada-e-Gilgit, States Time, The Financial Daily, The Frontier Post, The NewsAuthor: aamirjaved
18. 07. 11
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Radical structural reforms needed to avoid foreknown disaster
Pakistan becoming politically, economically insignificant
The Pakistan Economy Watch (PEW) on Sunday said economy of the country is going down by the passage of every day which calls for urgent and decisive actions by the government.
Incompetent leadership and policies without logical or meaningful connection have left country astray while preserving credibility has become a big challenge for the government, it said. read more…
In: Aaj Kal, Al-Sharq, Anjam, Asas, Business Recorder, Capital Post, Din, FIR, Jasarat, Khabrain, Labbaik, Mussalman, Nawa-i-Waqt, News Mart, Pakistan, Pakistan Observer, Public Eye, Sarkar, The Finance, The Nation, The News, The PatriotAuthor: aamirjaved
10. 07. 11
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The Pakistan Economy Watch (PEW) on Sunday said Government can change the fate of people of Pakistan but revitalising loss-making public sector enterprises.
All autonomous organisations are incurring heavy financial losses and facing serious financial crisis because of political interference, mismanagement, inefficiency, financial ill discipline and over-staffing, it said.
These state-run institutions have become a big burden on the national resources and privatization process is admission of the fact by the government that it cannot bring them to profit, said Dr. Murtaza Mughal, President PEW. read more…
In: Al-Sharq, Anjam, Asas, Azkar, Baad-e-Shimal, Business Recorder, Daily Mail, Daily Public Eye, Daily Talou, Din, Jasarat, K2, Khabrain, Labbaik, Mussalman, Nawa-i-Waqt, News Mart, Pakistan Observer, Statesman, The PatriotAuthor: aamirjaved
02. 07. 11
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Rulers continue to punish masses for their mismanagement, corruption
The Pakistan Economy Watch (PEW) on Friday said government has hit masses hard with CNG bomb on the eve of new financial year.
Government is to punish the masses for their inefficiency, mismanagement and corruption by hike in the domestic and commercial gas tariff soon, it said.
The decision to keep CNG filling stations closed for two days in Sindh and for three days in Punjab is a politically motivated move aimed at settling score with opposition and gaining cheap popularity which will hurt harmony between provinces, said Dr. Murtaza Mughal, President PEW.
He said that government continue to inflict punishment on masses for choosing democracy. Poor will continue to pay the price for blunders by the rulers and mismanagement of natural resources, he added.
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In: Al-Sharq, Azkar, Business Recorder, Business Times, Daily Talou, Din, K2, Kainat, Khabrain, Madaar, Pakistan, Pakistan Observer, Statesman, The Financial Daily, The PatriotAuthor: aamirjaved
27. 06. 11
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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.
read more…
In: Al-Sharq, Azkar, Baad-e-Shimal, Business Recorder, Business Times, Capital Post, Daily Mail, Din, Herald Tribune, Islam, Jammu&Kashmir, Kashmir Times, Khabrain, Labbaik, News Mart, Pakistan, Pakistan Observer, Rehbar, Sada-e-Gilgit, Sarkar, The Frontier Post, The NationAuthor: aamirjaved
21. 06. 11
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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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In: Al-Sharq, Asas, Capital Post, Daily Public Eye, Din, Islamabad Dateline, Khabrain, Pakistan, Rehbar, Statesman, The PatriotAuthor: aamirjaved
