PTI Protests Cause Daily Economic Loss of Rs. 190 Billion, Claims Finance Ministry
Islamabad:The Ministry of Finance has released new figures outlining the daily economic damage caused by Pakistan Tehreek-e-Insaf’s (PTI) ongoing protests, revealing that the country is suffering significant losses as a result of the political unrest.
Federal Finance Minister Mohammad Aurangzeb stated that the Ministry had prepared a comprehensive report on the economic impact of the protests, highlighting that the daily loss to the national economy has reached an alarming Rs. 190 billion. According to the report, the disruptions caused by the protests, including lockdowns and shutdowns, have led to a decline in tax revenue collection.
The finance minister further explained that the daily loss to Pakistan’s Gross Domestic Product (GDP) due to protests and lockdowns is approximately Rs. 144 billion. The report also revealed that exports have been severely impacted, with daily losses amounting to Rs. 26 billion. Additionally, foreign investment has seen a significant drop, resulting in a daily loss of Rs. 3 billion.
Minister Aurangzeb also pointed out that the economic damage to the provinces is separate and substantial. He noted that the agricultural sector alone in the provinces is facing daily losses of Rs. 26 billion due to the protests, while the industrial sector has suffered losses exceeding Rs. 20 billion daily.
The figures presented by the Ministry underscore the far-reaching economic consequences of the ongoing political unrest, particularly as it affects key sectors such as agriculture, industry, and foreign investment. The government has yet to comment on potential measures to mitigate these losses or address the underlying causes of the protests.
