Pakistan’s economy has endured staggering losses of more than Rs600 billion due to recent protests organized by Pakistan Tehreek-e-Insaf (PTI), as revealed by government officials.
The financial toll includes daily economic losses surpassing Rs190 billion. Additional costs were incurred for maintaining law and order and repairing damage to public property.
Massive Impact on GDP, Revenue, and Investments
In just three days, the GDP suffered a direct loss of Rs432 billion. Tax revenues fell by Rs78 billion during the same period. The export sector faced damages amounting to Rs50 billion. Foreign direct investment (FDI) dropped by Rs10 billion, worsening the economic losses.
Motorways and metro services were shut down due to the unrest. Islamabad’s business district, Blue Area, also remained closed, leading to massive revenue losses for the government and local traders.
Key Sectors Hit Hard
The protests disrupted agriculture, industrial, and service sectors. Many businesses were forced to close due to power outages and safety concerns. Internet shutdowns severely impacted the IT and telecom industries, resulting in the cancellation of numerous domestic and international contracts.
Citizens reported food shortages and inflation during the chaos. Traders expressed anger over being forced to close their shops. Business groups called for financial compensation and urged the government to restore stability.
