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Tag Archives: PEW

IMF has always ruined poor countries

Islamabad, April 08, 2023 (PPI-OT): The Pakistan Economy Watch (PEW) on Friday said the IMF has always ruined poor countries through its impossible conditionalities. Developing countries should make vigorous efforts to create an Asian Monetary Fund as an alternative to get out of the clutches of the IMF, it said. African countries should also try...

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Useless mega projects have played a key role in the bankrupting country

Islamabad, April 03, 2023 (PPI-OT):The Pakistan Economy Watch (PEW) on Monday said useless mega projects have played a key role in bankrupting the country. These projects have not served the country but politicians and their favourite bureaucrats. Unnecessary projects are made by borrowing billions of dollars, which benefits politicians and the country suffers, it said....

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Food and debt crises stoking instability

Islamabad, April 01, 2023 (PPI-OT): The Pakistan Economy Watch (PEW) on Saturday said inflation and growing insecurity of basic necessities is increasing instability in Pakistan. People have been killed and injured in stampedes at sites distributing free flour under a government-backed scheme to help families struggling with soaring costs of basic staples, it said. Thousands...

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Pakistan needs IMF, the lender does not need us

Islamabad, March 30, 2023 (PPI-OT): The Pakistan Economy Watch (PEW) on Thursday said that Pakistan needs the IMF to avoid a default. The international organization does not need us. An important international organization like the IMF is being deliberately made an enemy of Pakistan for which a heavy price will have to be paid, it...

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Inflation and poverty increasing due to collapsing agricultural sector

Islamabad, March 27, 2023 (PPI-OT):The Pakistan Economy Watch (PEW) on Monday said the plight of the agricultural sector will never allow the economy to develop. Inflation and poverty are continuously increasing due to collapsing Agri sector, the food security situation is deteriorating and the import bill of agricultural inputs is increasing, it said. The growth...

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IMF being used as a weapon against Pakistan

Islamabad, March 24, 2023 (PPI-OT): The Pakistan Economy Watch (PEW) on Friday said the IMF is being used as a weapon against Pakistan. The ever-increasing demands of the international institution have left our government helpless, it said. IMF is ruining Pakistan’s economy by delaying the deal at the behest of some powers, said Dr. Murtaza...

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