Islamabad, April 11, 2023 (PPI-OT):Dr. Hanif Mughal, Senior Vice President of Pakistan Economy Watch (PEW) on Tuesday said the influential sugar mafia has started an artificial sugar crisis across the country to profit during the holy month of Ramadan. The price of sugar has been increased by Rs30 to Rs40 rupees per kg in different...
Read More »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...
Read More »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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Read More »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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Read More »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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Read More »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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Read More »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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