Business

ISLAMABAD: The Pakistan Economy Watch (PEW) on Thursday said all important policies are being framed while keeping in mind the interests of elite which are less than one per cent while over ninety nine per cent masses are facing worst type of exploitation.

Government’s policies are helping rich amass more wealth while underprivileged are becoming poorer by the passage of every day which has left majority desperate, said Dr. Murtaza Mughal, President PEW.

He said divide between haves and have-nots is widening pushing poor to choose between feeding families and providing education to children. Hence, they have been deprived of a tool that can lift their less advantaged children to success.

Such policies have helped Pakistan earn honour of highest school dropout rate in the world; these children enter into cruel labour market to save families from starvation and endue worst forms of abuse.

Dr. Murtaza Mughal said that regulators are dancing on the tune of the regulated while important institutions are serving the interests of moneyed class beyond their expectations.

Politicians, generals, landed aristocracy and urban elite are multiplying their fortunes at an amazing speed which our financial wizards define as economic progress, he said.

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