Archive for the Azkar category

PEW calls for enhanced awareness on software piracy

The Pakistan Economy Watch (PEW) on Tuesday called for enhanced awareness regarding software piracy which has emerged as a threat to businesses worldwide disrupting their operations and threatening their reputation.
Governments, private sector and NGOs should turn their attention to raising awareness about rampant piracy which has become a national security threat for many countries, said Dr. Murtaza Mughal, President PEW.
A recent global study commissioned by Microsoft and conducted by International Data Corporation (IDC) has discovered that the chances of infection by unexpected malware are one in three for consumers and three in ten for businesses, he said.
The cost of dealing with the impact for enterprises is predicted to be $114 billion globally in 2013; in Asia Pacific the spending will reach $39 billion while it increases to $129 billion if the cost of data loss is added.

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Dr. Murtaza Mughal meets Shujaat: Political harmony to spur economy: pew

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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…

Calls for reviving public sector enterprises

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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…

Govt hit masses with CNG bomb on new fiscal

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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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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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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…