26. 05. 10
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Traders not to sacrifice to improve living of rulers, bureaucrats
Bitter taste of democracy, masses missing ear of dictatorship
The Pakistan Economy Watch (PEW) on Tuesday said the next budget could prove to be last gift from democracy to the nobility and IMF.
The actions of champions of democracy have hit the confidence of masses in the system and many are now remembering the good old days of dictatorship.
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24. 05. 10
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ساری قوم کا مستقبل داﺅ پر لگ گیا، اصلاح کی جائے
پاکستان اکانومی واچ کے صدر ڈاکٹر مرتضیٰ مغل نے کہا ہے تعلیم ایک منافع بخش کاروبارجبکہ اکثراساتذہ دکاندار بن گئے ہیں ۔اکثر نجی تعلیمی ادارے منافع کی خاطر مینا بازار بن گئے ہیںجہاں تعلیمی سرگرمیوں سے زیادہ فیشن شو ہو رہے ہیںجبکہ ساری قوم کا مستقبل داﺅ پر لگا ہوا ہے۔انھوں نے کہا کہ اگر صورتحال کی اصلاح نہ کی گئی تو قوم کا مستقبل تاریک ہو جائے گا
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20. 05. 10
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Tax incentives, easy financing to promote renewable energy
The Pakistan Economy Watch (PEW) on Wednesday said proper legislation, tax incentives and easy financing is needed to promote use of alternative energy in Pakistan.
This will reduce our dependence on dwindling fossil fuels, reduce pollution and guarantee a prosperous future which would be without the year-round tribulations of electric and gas load shedding.
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12. 05. 10
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The Pakistan Economy Watch (PEW) on Tuesday lauded the step of Chief Minister Punjab Shahbaz Sharif who cancelled the registration of vacant plots in Sunder Industrial Estate.
This is a good step towards transparency and good governance as it will encourage genuine businessmen and discourage profiteers.
A proper policy should be framed for allotment of industrial plots to the genuine investors, said Dr. Murtaza Mughal, President PEW. read more…
10. 05. 10
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The Pakistan Economy Watch (PEW) on Sunday said Pakistan has no future without a well developed renewable and alternative energy production system.
It will help resolve power crisis and reduce pollution and trigger economic growth which will benefit entire population.
Global warming, political issues and differences with neighbouring countries are minimising our chances to get benefits of hydropower.
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07. 05. 10
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Struggle between central and provincial governments hurting interests of planters
The Pakistan Economy Watch (PEW) on Wednesday said innocent wheat growers are paying price of incompetency of authorities and political struggle between central and provincial governments.
The rights and interests of planters are being usurped by many while authorities have confined themselves to encouraging statements. read more…
03. 05. 10
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More independence for CRAs demanded in national interest
The Pakistan Economy Watch (PEW) on Sunday suggested more independence for credit rating agencies (CRAs) to gauge the actual financial condition of businesses and safeguard the interests of stakeholders.
The purpose of the credit rating report is to ascertain the financial condition, health and future prospects of an entity. Only an independent evaluator can assess actual state of affairs and provide unbiased reports. read more…
01. 05. 10
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The Pakistan Economy Watch (PEW) on Friday said suspicious offshore companies should not be allowed to buy substantial shares in any important entity.
The concept of offshore companies, which are clueless entities and wherein the character of the sponsors are concealed behind the veil of a corporate entity, has become the brand name for money laundering and tax evasions. read more…
24. 04. 10
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Load shedding one of the biggest threats to democracy
The Pakistan Economy Watch (PEW) on Saturday said traders should not frustrate government’s ongoing energy conservation drive.
Closing down shops at 8pm is one of the key measures of the new load management formula without which whole plan would fail adding to miseries of the masses. read more…
22. 04. 10
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The Pakistan Economy Watch (PEW) on Thursday said properly developed Islamic financial system can reduce miseries of humanity by bailing out ailing economies.
The fast-growing Islamic finance industry (IFI) has potential to contain unemployment and boost economies if an efficient and effective monitoring mechanism is in place. This will also help boost confidence of masses. read more…
07. 04. 10
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Corrective measures needed amid growing air of uncertainty: Dr. Mughal
Senator Professor Khurshid Ahmed has said that despite best efforts riba-free banking is yet to make any substantial contribution to the economy and to the evolution of a new Islamic financial system in Pakistan.
Renowned research scholar, educationist and economist Prof. Khurshid Ahmed said that Islamic banks (IBs) need to introduce more transparency and stop misusing Kibor.
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15. 03. 10
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Losses, insecurity can force villagers to accede to terrorists
The Pakistan Economy Watch (PEW) on Sunday said Qaumi Lashkars raised to help war against terror are getting weak due to increasing losses and scarcity of resources.
The lashkers that were raised to counter terrorists are losing heart which could have a negative impact on war against terror, said Dr. Murtaza Mughal, President PEW. read more…
13. 03. 10
Policymakers need to revisit anti-terror strategy: PEW
The Pakistan Economy Watch (PEW) on Friday said flaws in anti-terrorism strategy is a hindrance in overcoming Taliban insurgents in NWFP and FATA.
Villagers who often are at the mercy of Taliban have complained about insensitivity and numbness of officials which has a great demoralising effect on those who don’t want accept Taliban as their masters, said Dr. Murtaza Mughal, President PEW.
He said that insurgents pose a serious threat to people but it is amazing that they aren’t offered required support to defend their life and property.
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05. 03. 10
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The Pakistan Economy Watch (PEW) on Thursday said the issue of Pakistan Automated Customs Clearance System (PaCCS) merits resolution by top government functionaries in a non-hostile manner.
Authorities should come out clear about this custom clearance system after four years of operations and huge investments.
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01. 03. 10
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National interests sacrificed for minor political gains
The Pakistan Economy Watch (PEW) on Sunday said resignation of Finance Minister Shaukat Tarin is triumph of cultivators and powerful lobbies over national interests.
It seems that the outgoing finance minister has lost faith in the government to implement economic reforms and take concrete steps for good governance. read more…
23. 02. 10
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The Pakistan Economy Watch (PEW) on Tuesday said that the lecturers serving in Karakoram International University (KIU), Gilgit-Baltistan deserve a level playing field and peace of mind to discharge duties properly.
Dr. Murtaza Mughal, President PEW while talking to a delegation of university teachers said that the administration should be an equal opportunity employer.
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22. 02. 10
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Majority of foreign investors are profiteers
The Pakistan Economy Watch (PEW) on Sunday said current political and economic policies aimed at retaining power are damaging masses as well as sovereignty largely.
Practice of meeting all the demands of west is hiking poverty, increasing insecurity and uncertainty. It is increasing debt, devaluing currency and driving political conflicts.
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08. 02. 10
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Minimal exposure of critical applications to global internet suggested
Pakistan continues to ignore the threat of a state-sponsored information attack despite increasing employment of internet attacks in conflicts between states, speakers at a forum warned Sunday.
Regardless of growing threat, our country is ill prepared to face a cyber-attack on its critical military, economic and technological infrastructure, they said. read more…
03. 02. 10
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Business lobbies operating as gangland
PEW rejects state terror against masses
The Pakistan Economy Watch on Tuesday said recent petroleum price rise is another triumph of powerful business lobbies over interests of already overtaxed and underprivileged masses.
Citizenry reeling under intense financial pressure is being forced to compromise on quality of life without considering the social and political costs of such moves. read more…
30. 01. 10
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Senator Professor Khurshid Ahmed on Friday said whole banking structure of country need reforms irrespective of any distinctions as current state of affairs is not supporting fragile economy.
He said that performance of State Bank of Pakistan is unsatisfactory and we have reservations over some of its decisions. read more…
20. 01. 10
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The Pakistan Economy Watch (PEW) on Tuesday demanded enhanced transparency in the government organisations to ensure efficiency and prosperity.
The legality of the process through which a government department can own a private company is vague therefore it is exploited, said spokesman of PEW Mirza Riaz, in a statement issued here today. read more…
18. 01. 10
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The Pakistan Economy Watch (PEW) on Sunday called for enhanced security measures as the world’s most powerful e-crime syndicate is again attacking important financial institutions.
Computer security experts should arrange extra layers of internet security to ensure privacy of digital depositories and save financial as well as personal data of consumers. read more…
04. 01. 10
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Beneficiaries violent disorder in Karachi should be probed
The Pakistan Economy Watch (PEW) on Sunday demanded that facts about the Ashura bombing should be brought to limelight. All probabilities should be analysed thoroughly and beneficiaries should be probed.
The rampage that followed the 10th Muharram blast clearly shows that local youngsters were not looting the shops but interested in destruction only. read more…
02. 01. 10
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Democracy is the best revenge from masses
The Pakistan Economy Watch (PEW) on Friday criticized 18 per cent hike in gas tariff terming it a New Year greetings by a democratically elected government to millions of the economically challenged.
Another unjustified demand of IFM has been fulfilled which strengthens the impression that democracy is the best revenge from masses. read more…
31. 12. 09
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Subsidy withdrawal to hike prices, frustration– hit farm production
The Pakistan Economy Watch (PEW) on Wednesday criticized hasty decision to withdraw power subsidy given to lifeline consumers and agriculture sector.
The economic managers have taken this unpopular decision to get IMF’s $1.2 b tranche without considering its social and political implications. A great price has been paid. read more…
30. 12. 09
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PEW lauds wisdom of Altaf, Shahi and others
The Pakistan Economy Watch (PEW) on Tuesday condemned the suicide attack on a peaceful procession in Karachi in which 43 people lost lives and at least 52 were injured. It urged all groups to exercise restraint. read more…
27. 12. 09
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The Pakistan Economy Watch (PEW) on Sunday called for enhanced awareness and training regarding cyber crimes in Pakistan. Cyber criminals are getting sophisticated which has raised concerns. read more…
26. 12. 09
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Nato forces will leave soon, we cannot
The Pakistan Economy Watch (PEW) on Friday said US has also started to classify Taliban into good and bad categories which is a positive development. This may bring peace, stability, and economic prosperity in the region. read more…
18. 12. 09
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PRAL accused of opening new avenues of tax evasion, false claimst
PEW demands a stable and foolproof system
The Pakistan Economy Watch (PEW) on Friday said Pakistan Revenue Automated System Limited (PRAL) developed for improving Sales Tax collection, has inflicted losses to the tune of tens of billions to the treasury since its inception in 1994. read more…
16. 12. 09
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سیاست تجارت بن چکی ہے‘ ملک کو کارخانے کی طرح چلایا جا رہا ہے
این آر او پر عدالت عظمیٰ کا فوری فیصلہ ملک و قوم کے مفاد میں ہوگا
اسلام آباد( دسمبر 16 ) پاکستان اکانومی واچ کے صدر ڈاکٹر مرتضیٰ مغل نے کہا ہے کہ حکومت کو جی ایچ کیو یا سی آئی اے سے کوئی خطرہ نہیں بلکہ اسے سب سے بڑا خطرہ کرپشن، بد انتظامی اوراقرباءپروری سے لاحق ہے۔ جی ایچ کیو ملک کی جغرافیائی اور نظریاتی سرحدوں کی حفاظت اورامریکی سی آئی اے اس ک read more…
13. 12. 09
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The Pakistan Economy Watch (PEW) on Sunday said current economic policies are contributing towards poverty in country.
The policies modified under the guidelines of IMF are pushing millions below poverty line and increasing unrest in the country. read more…
03. 12. 09
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Dubai Financial Crisis:
Pakistanis urged to invest in country
The Pakistan Economy Watch (PEW) on Thursday said scores of investors including Pakistanis have lost their capital in the new economic turmoil that has gripped the city-state of Dubai. read more…
21. 11. 09
Lax attitude of legislators amounts to helping cartels
Business mafias will celebrate demise of CCP after seven days
The Pakistan Economy Watch (PEW) on Friday said re-promulgation of Competition Ordinance, 2007 (CO ‘07) is need of the hour. It will improve image of the President Asif Ali Zardari who is presently at the centre stage of a malicious media campaign. read more…
09. 11. 09
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Act a threat to national security, strategic assets: Mughal
Sugar coated NRO would be end of morality in Pakistani politics
Former Secretary General and Minister of State for Foreign Affairs Akram Zaki on Sunday said Kerry Lugar act is a conspiracy to augment number of US intelligence operators in Pakistan.
He said that US deals India like a long-term ally while Pakistan is being used as a tool that has resulted in distrust which is running deep.
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03. 11. 09
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Move strengthened democracy, saved country from global embarrassment
The Pakistan Economy Watch (PEW) on Tuesday said refusal by Muttahida Qaumi Movement (MQM) to support controversial National Reconciliation Ordinance (NRO) in the Parliament has saved country from anarchy.
Unprecedented step by MQM proposing President Asif Ali Zardari to resign in the interest of Pakistan and face the courts caught him off guard. President was left with only one option to back out and announce abandoning the move to table the bill.
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01. 11. 09
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The Pakistan Economy Watch (PEW) on Sunday said SMS packages offered by different mobile operators have become a source of inconvenience for the public.
Many are misusing the facility of unlimited packages provided against payment of few rupees.
“Last year 20 billion SMS were sent while this year the average stands at 10 billion per month,” said Dr. Murtaza Mughal.
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31. 10. 09
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Mission of pro-Indian official seen with scepticism
Purposeless remarks to undermine bilateral relations
The Pakistan Economy Watch (PEW) on Friday termed the visit of US Secretary of State Hillary Rodham Clinton a futile attempt to soothe the feelings of people of Pakistan and remove what they call misconceptions.
Her blunt remarks about presence of al-Qaeda leaders in Pakistan are a blow to bilateral relations.
The visit and promises of a US official known for her pro-Indian inclination is seen with suspicion and people are wondering about her hidden agenda. read more…
26. 10. 09
People disappointed over attitude of rulers
Need for strong leadership being felt everywhere
Weak leaders’ prove easy prey for authoritarians
Islamabad: The Pakistan Economy Watch (PEW) on Sunday said our leaders seem to be too much concerned with their personal security and least bothered about plight of masses. Their attitude is disappointing increasingly insecure people of Pakistan.
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21. 10. 09
The Pakistan Economy Watch (PEW) on Tuesday said the open letter of Chief of the Army Staff General Ashfaq Parvez Kayani to Mehsud tribes may help military to counter propaganda and neutralize many tribesmen.
The letter will help Pashtoon tribesmen to understand stance of army and counter some unfounded perceptions and suspicions. It will influence the attitude of local community towards operation.
The copies of this letter should also be distributed if other areas of Waziristan including those who have fled to cities in NWFP.
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19. 10. 09
The Pakistan Economy Watch (PEW) on Sunday said that military operation against terrorists in South Waziristan may help regain investor’s confidence.
It will spark confidence of local as well as foreign investors and change the mood in stock market. This will also help country combat menace of unemployment.
“If successful like previous operation in Swat, it will bring peace and economic activity will pick up,” said Dr. Murtaza Mughal, President PEW.
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26. 09. 09
Instead of demolishing, we must refine and make best use of public institutions
National Accountability Bureau (NAB) is unprecedented in the history of Pakistan in being the only institution that succeeded in recovering huge sum of over Rs 95 billion of looted national wealth.
“NAB is our institution created out of our (public) money; we should refine and make best use of our institutions instead of demolishing them”. read more…
17. 09. 09
Pakistan needs to adopt a well-conceived plan for US-sponsored Reconstruction Opportunity Zones (ROZ).
At the outset, ROZs appears to be non-starter for many reasons, said President of Pakistan Economy Watch Dr Murtaza Mughal in a statement.
The US would provide tariff free access to textile and apparel products manufactured on the Pakistan-Afghanistan border regions to be called Reconstruction Opportunity Zones (ROZ’s). read more…
23. 07. 09
ملکی معیشت زبوں حالی کا شکار ہو تو قومی خودی اور ملی خودمختاری محض نعروں تک محدود ہو جاتی ہے۔ خصوصی بات چیت
اسلام آباد (این این آئی) پاکستان اکانومی واچ کے صدر ڈاکٹر مرتضیٰ مغل نے کہا کہ مالی طور پر مستحکم ممالک ہی سیاسی طو پر خود مختار ہو سکتے ہیں، ملکی معیشت زبوں حالی کا شکار ہو تو قومی خودی اور ملی خود مختاری محض نعروں تک محدود ہو جاتی ہے‘ ایک خصوصی انٹرویو میں انہوں نے کہاکہ اکانومی کا شعبہ اگر محب وطن ماہرین معیشت کے ہاتھوں میں تو کرپشن اور بد انتظامی کے عذاب ٹلے رہتے ہیں۔ read more…
16. 07. 09
ٹیکسوں ، غیر ملکی قرضوں کے زریعے قومی آمدنی بڑھانے کی پالیسی ملکی بقاءکے لئے خطرناک ہے
بے روزگاری عوام میں ہے، تمام سیاستدان برسر روزگار ہیں،سرکاری محکمے پارٹی آفس بنے ہوئے ہیں
اپوزیشن زراعت، سٹاک بروکروں، پراپرٹی اورپروفیشنلزپر ٹیکس عائد کروا کے اخلاص کا ثبوت دے
اسلام آباد( جون 16) پاکستان اکانومی واچ کے صدر ڈاکٹر مرتضیٰ مغل نے کہا ہے کہ نت نئے ٹیکسوں اور غیر ملکی قرضوں کے زریعے ملکی آمدنی بڑھانے کی پالیسی اور بڑھتے ہوئے غیر ترقیاتی اخراجات ملک کی بقاءکے لئے انتہائی خطرناک ہیں۔یہ پالیسی ملک کے سیاسی، معاشی، سماجی اور نظریاتی نظام کو دیمک کی طرح چاٹ رہی ہے۔انھوں نے کہا کہ فلاحی وجمہوری حکومتیں قومی آمدنی بڑھانے کے لئے غریبوں کی کمر توڑنے کے بجائے طویل المعیاد منصوبہ بندی کرتی ہیں read more…
11. 07. 09
The Pakistan Economy Watch (PEW) on Friday flayed the decision of Islamabad Electric Supply Company (IESCO) to restore power supply to the steel furnaces. It will benefit few while ignite mass protests.
Interest of the masses should triumph over the stakes of few industrialists. Common people are the most import asset of the country and their interest should remain supreme in any given situation, said Dr. Murtaza Mughal, President PEW.
He said that the assurance of chief of IESCO to industrialists that power supply to steel melting units would be restored is against the interest of masses who are suffering from load shedding. read more…
10. 07. 09
The Pakistan Economy Watch (PEW) on Thursday lauded the historic contribution of officers of Oil and Gas Development Company Limited (OGDCL) to get the abducted workfellows released.
It asked government to boost security of staff and installations serving in the troubled areas so that they can work with peace of mind. This is imperative for the development of this energy-starved nation.
Dr. Murtaza Mughal, President PEW said that Drilling Engineer Mr. Qamar Hussain Naqvi resident of Multan, Accountant of drilling rig Muhammad Arif and driver Muhammad Khan were kidnapped for ransom from Kohat while on duty in mid of April. read more…
06. 07. 09
The Pakistan Economy Watch (PEW) on Sunday asked Federal Board of Revenue (FBR) to be just and benevolent to hundreds of senior auditors in the Sales Tax Department awaiting promotion since thirteen years.
They deserve level playing field, due regard and promotion as their other colleagues who have been enjoying promotions, said Dr. Murtaza Mughal, President PEW.
This he said while talking to a delegation of senior auditors who called on him the other day. He said that there is no rationale in keeping them in junior cadres after they have fulfilled criteria for promotion as mentioned by the Federal Public Service Commission (FPSC). read more…
