Monday, 25 November 2024, 10:32:45 am


 
Protests cause Rs190b daily loss to Pakistan: Finance Minister
November 25, 2024

Finance Minister Muhammad Aurangzeb has said the ongoing protests by the opposition are resulting in a daily loss one-hundred and ninety billion rupees to the federal government.

In a statement, he said the Finance Ministry has compiled a report which states that the country's GDP is suffering a daily loss of one-hundred and forty-four billion rupees due to the protests.

He said the losses to the IT and telecom sector are not included in this assessment.

Muhammad Aurangzeb said daily export-related losses amount to twenty-six billion rupees, while foreign investments are suffering a daily setback of three billion rupees.

As a result, the federal government alone is incurring losses of one-hundred ninety billion rupees each day, with provincial losses expected to be even higher.