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.
Protests cause Rs190b daily loss to Pakistan: Finance Minister
