Archive for December, 2011

Overseas Pakistanis need encouragement

Click here to View Printed Statements

EC decision distresses overseas Pakistanis
The Pakistan Economy Watch (PEW) on Thursday said Pakistanis working abroad have a critical role in the economic development of the country therefore they should be encouraged.
Remittances support millions of needy, reduce poverty and inequality and help government counter impact of dwindling foreign capital inflows, it said.

read more…

In: Economy WatchAuthor: aamirjavedComments (0)

Pakistan has no future sans Iran gas

Click here to View Printed Statements

Govt delaying gas import to please US
India cannot ignore nearest gas reserves
PTI asked to keep energy top priority
The Pakistan Economy Watch (PEW) on Tuesday said government has been purposely delaying import of Iranian gas to please America which is damaging Pakistan’s economy.
Pleasing US on the cost of country is unfortunate; it suggests that government is dominated by incompetent and apathetic officials, it said.
Pakistan cannot secure its future without Iranian gas, said Dr. Murtaza Mughal, President of the PEW.

read more…

In: Economy WatchAuthor: aamirjavedComments (0)

NATO supply cut hurting Pakistan’s economy

Click here to View Printed Statements

Oil tankers stranded at borders are live bombs
Ports, border points becoming storage and parking areas
Congestion hurting trade between Pakistan and Afghanistan
The Pakistan Economy Watch (PEW) on Sunday demanded steps to avoid losses to the economy after suspension of the NATO supplies.
Government should continue to cut vital supply line but chalk out a plan to keep economy clear of any negative impact, said Dr. Murtaza Mughal, President of the PEW.
Talking to leading transporters including VP, ICCI Shahid Zaman Shinwari, he said that the Nov 26 decision to cut NATO supplies has resulted in clogging at seaports.

read more…

In: Economy WatchAuthor: aamirjavedComments (0)

Credit to help up agri output: PEW

Click here to View Printed Statements

In: Economy WatchAuthor: aamirjavedComments (0)

Yellow Cab Scheme execution unsatisfactory

Click here to View Printed Statements

Donors consider such schemes ineffective, against market norms
Steps demanded to reduce failures in poverty alleviation measures
The Pakistan Economy Watch (PEW) on Sunday said the much-publicised Yellow Cab Scheme is not coming up to the expectations due to mismanagement.
The scheme was launched on 14th of July 2011 with plan to distribute 2500 vehicles every month for eight months for the elimination of poverty and unemployment, it said.

read more…

In: Economy WatchAuthor: aamirjavedComments (0)

Imran asked to ensure transparency in party, funds

Click here to View Printed Statements

The Pakistan Economy Watch (PEW) on Wednesday asked Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan to ensure transparency in utilisation of fund.
Funds collected for welfare projects and those raised for party should not be mixed to ensure transparency and avoid accusations as well as any possible legal problem, it said.
Any financial scandal will have a very negative impact on the on-going welfare projects, PTI and personality of Imran, said Dr. Murtaza Mughal, President of the Pakistan Economy Watch (PEW).

read more…

In: Economy WatchAuthor: aamirjavedComments (0)

Pakistan faces serious hunger threat

Click here to View Printed Statements

In: Pakistan ObserverAuthor: aamirjavedComments (0)

Tax authorities not be able to achieve tax target

Click here to View Printed Statements

In: Economy WatchAuthor: aamirjavedComments (0)

US opposition for IP keeping donors away

Click here to View Printed Statements

In: Economy WatchAuthor: aamirjavedComments (0)

Prevailing situation and SBP’s policy rate decision

Click here to View Printed Statements

In: Pakistan ObserverAuthor: aamirjavedComments (0)