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PTI Protests Inflict Rs600 Billion Loss to National Economy

PTI Protests Inflict Rs600 Billion Loss to National Economy

Pakistan’s economy has suffered significant losses exceeding Rs600 billion due to the recent protests organized by Pakistan Tehreek-e-Insaf (PTI), according to government sources. These losses include daily economic setbacks of over β‚Ή190 billion, as well as additional costs associated with maintaining law and order and repairing damages to public property.

Also Read: PSX Surges by 3,000 Points Following PTI Protest’s End

Major Economic Losses:

  • GDP: In just three days, the country recorded a direct loss of β‚Ή432 billion to the GDP.
  • Tax Revenues: Tax revenues plummeted by β‚Ή78 billion during the same period.
  • Exports: The export sector incurred losses of β‚Ή50 billion, while foreign direct investment (FDI) saw a decline of β‚Ή10 billion.
  • Business Disruptions: Protests led to the closure of motorways, metro services, and Islamabad’s business hub, Blue Area, further harming revenue generation for both the government and traders.

Impact on Key Sectors:

  • Agriculture, Industrial, and Service Sectors: These sectors were significantly affected by the disruptions, with many businesses forced to shut down due to power outages and security concerns.
  • IT and Telecom: The shutdown of internet services severely impacted the IT and telecom sectors, leading to the cancellation of both international and domestic orders.
  • Public Frustration: Citizens have voiced concerns about food shortages and rising prices amid the turmoil. Business owners and traders have expressed frustration over the forced closure of their businesses, demanding compensation and a resolution to the ongoing economic instability.

This economic turmoil highlights the far-reaching consequences of the ongoing protests, with widespread disruptions affecting various industries and leading to an overall economic downturn.

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Zain Aamer

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Graphic Designer

Creative Graphic Designer with talent for developing unique Zain enhances NewsGuru’s visual identity by delivering innovative and engaging design solutions that strengthen the platform’s overall presence. Each of his artworks carries a distinctive artistic touch, blending creativity with precision to ensure the brand consistently stands out and leaves a lasting impression.

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