PTI protests costing Pakistan Rs190bln daily, claims Muhammad Aurangzeb

Pakistan's Finance Minister, Muhammad Aurangzeb, has revealed that the ongoing opposition-led protests have resulted in significant economic losses for the country.

According to Aurangzeb, the daily financial damage from these protests exceeds a staggering Rs190 billion.

The protests, led by Pakistan Tehreek-e-Insaf (PTI), have disrupted tax collection, obstructed businesses, and negatively impacted exports.

Additionally, the government incurs extra expenses to maintain law and order during these protests.

The IT and telecommunications sectors have also suffered separate economic losses, affecting social dynamics and the digital economy.

A detailed report by the Ministry of Finance breaks down the daily losses: Rs 144 billion in GDP, Rs 26 billion in export reductions, and an additional Rs 3 billion in direct foreign investment declines.

Provinces are also bearing extra losses, with Rs 26 billion daily in the agricultural sector and over Rs 20 billion in the industrial sector.

These numbers are alarming, and the government and opposition parties need to find a way to address their differences without causing such significant economic harm.