Protests Cause Daily Loss of Rs 120 Billion, Impacting Economy

Finance Minister warns that protests are causing a daily loss of Rs 120 billion, affecting economic growth.

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احتجاج اور دھرنوں سے یومیہ 120 ارب روپے کا نقصان، معیشت کی ترقی متاثر

Islamabad: (RightNow) Finance Minister Muhammad Aurangzeb states that protests and sit-ins are causing a daily economic loss of Rs 120 billion. Pakistan is moving from economic stability towards growth, but these activities are proving detrimental.

Senator Muhammad Aurangzeb informed the media that foreign exchange reserves are at a historic high. The current account surplus and remittances are increasing. Our journey is progressing from economic stability to growth.

He mentioned that the Middle East situation has challenged global trade. Disruptions in the supply chain and increased freight and insurance costs are affecting global commerce.

Muhammad Aurangzeb finds the current marches, sit-ins, and strikes incomprehensible. He stated that these activities could hinder economic growth and result in daily losses of billions of rupees.

It should be noted that disruptions in economic activities pose a daily threat of approximately Rs 86 billion to the services sector, Rs 25 billion to the industrial sector, and a potential revenue loss of Rs 17 billion.

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