• Home
  • E-Paper
  • Archive
  • Contact us
  • Daily Pakistan
Wednesday, January 27, 2021
  • Login
No Result
View All Result
Daily The Patriot
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Technology
  • Editorial
  • Opinion
  • E-Paper
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Technology
  • Editorial
  • Opinion
  • E-Paper
No Result
View All Result
Daily The Patriot
No Result
View All Result
Home City

Pakistan to lose ranking due to political crisis: PEW

by Daily Patriot
August 24, 2014
in City
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

ISLAMABAD (INP): The Pakistan Economy Watch (PEW) on Sunday said political agitation will result in lowered ranking for country in various subjects including the World Bank’s next Doing Business Report compromising its image.

 The World Bank in its 2014 publication lowered Pakistan’s ranking in ease of doing business from 106 in 2012-13 to 110 in 2013-14 which will be brought down in the next report due to political uncertainty, said Dr. Murtaza Mughal, President PEW.

 Country is facing serious challenges but the iron-headed power players are bent on sacrificing national and economic interests augmenting worries of masses to achieve their goals which have damaged stock market, rupee and commodity markets, he added.

 Dr. Murtaza Mughal said export consignments worth tens of million of dollars are struck while imported cargo is more or less halted in the wake of anti-government protests while the administrative measures in Punjab can be best described as overreaction.

 The country will suffer a lot even if there is a political settlement as the ability of government to revive economy remains questionable, he observed.

 The last report of the Bank had exposed the repeated claims of the sitting government regarding promoting private sector and growing business activity since it took over, he added.

 One can only hope that the political issues are resolved peacefully and normal economic activity resumes lest something unanticipated happens, warned Dr. Mughal.

Daily Patriot

Daily Patriot

Next Post

Govt taking steps to promote Islamic banking; Expert

Latest News

SDGS Report 2020 Pakistan at 134 out of 166 countries
Editorial

SDGS Report 2020 Pakistan at 134 out of 166 countries

by Daily Patriot
January 27, 2021
0

The Sustainable Development Goals (SDGs) Report 2020 ranks Pakistan at 134 out of 166 countries. Pakistan was ranked 130th in...

Read more
10 Billion Tree Honey project to generate green jobs: Amin Aslam

10 Billion Tree Honey project to generate green jobs: Amin Aslam

January 26, 2021
Why did PDM change protest venue from Rawalpindi?

Why did PDM change protest venue from Rawalpindi?

January 26, 2021
Climate change hit poorest countries hardest last year: report

Climate change hit poorest countries hardest last year: report

January 26, 2021
Chaos in New Delhi as protesting farmers hoist their flag on Red Fort

Chaos in New Delhi as protesting farmers hoist their flag on Red Fort

January 26, 2021
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Technology
  • Editorial
  • Opinion
  • E-Paper

© 2020 DAILY PATRIOT - Powered By SmartX DigitalSMARTX DIGITAL.

No Result
View All Result
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Technology
  • Editorial
  • Opinion
  • E-Paper

© 2020 DAILY PATRIOT - Powered By SmartX DigitalSMARTX DIGITAL.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version