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TDAP shows Rs 150bn daily loss to national economy

Edevelop

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ISLAMABAD - The long marches have been causing a financial loss of Rs 150 billion on daily basis to the national economy besides rendering a large number of daily-wagers jobless across Pakistan.


Trade Development Authority of Pakistan (TDAP) Chief Executive SM Munir said that the ‘Azadi March’ of the Pakistan Tehreek-e-Insaf (PTI) and the ‘Inqilab March’ of the Pakistan Awami Tehreek (PAT) were adversely affecting the national economy.


“It seems that none of them had realised the adverse impact on economic growth of these marches," he said. He said that thousands of factories have altogether been closed down in the wake of volatile political situation. Expressing concern over current political impasse, he said the national economy had been suffering badly for the last one month which was not being noticed by the top leadership of PTI and PAT.


He said that it was high time for all political parties, especially the opposition, to resolve political issues and differences strictly in accordance with the democratic values by holding parleys in larger national interest.


He said that Federation of Pakistan Chamber of Commerce and Industry President Zakaria Usman and all other affiliated chambers had taken strong exception to long marches which have been inflicting losses to the industry.


The TDAP chief executive said that the entire business community, irrespective of any political affiliation, always attaches importance to supreme national interest over petty personal interest. He said Pakistan was the national identity, which was established after rendering sacrifices and business community would thwart nefarious designs of certain elements who were bent on to disrupt the peaceful environment.


He said he hoped that the leadership of the long marches would realise the gravity of the situation and come to the table for a meaningful dialogue to end political crisis and shun politics of confrontation, violence and agitation.

TDAP shows Rs 150bn daily loss to national economy
 
150 billion Pak rupee means $ 1.48 billion.. That is $45 billion per month.. Pakistan's gross production is just half of it.. Then how is it possible??
 
150 billion Pak rupee means $ 1.48 billion.. That is $45 billion per month.. Pakistan's gross production is just half of it.. Then how is it possible??

Keep going like that and we will fall in debt. Thousands of factories are closed down, thousands have become unemployed...

Marches and Political turmoils from year 2006 to 2008 reduced economic growth rate from 6.8% to 3.6% to 1.2%
 
They should also explain how?

Pakistan is under pressure from IMF for odd 6-7Billion dollars and we have no concern over loosing 1.5Billion dollars per day even though when not even 50% Islamabad is off because of the march let alone the rest of the Pakistan
 
ISLAMABAD - The long marches have been causing a financial loss of Rs 150 billion on daily basis to the national economy besides rendering a large number of daily-wagers jobless across Pakistan.


Trade Development Authority of Pakistan (TDAP) Chief Executive SM Munir said that the ‘Azadi March’ of the Pakistan Tehreek-e-Insaf (PTI) and the ‘Inqilab March’ of the Pakistan Awami Tehreek (PAT) were adversely affecting the national economy.


“It seems that none of them had realised the adverse impact on economic growth of these marches," he said. He said that thousands of factories have altogether been closed down in the wake of volatile political situation. Expressing concern over current political impasse, he said the national economy had been suffering badly for the last one month which was not being noticed by the top leadership of PTI and PAT.


He said that it was high time for all political parties, especially the opposition, to resolve political issues and differences strictly in accordance with the democratic values by holding parleys in larger national interest.


He said that Federation of Pakistan Chamber of Commerce and Industry President Zakaria Usman and all other affiliated chambers had taken strong exception to long marches which have been inflicting losses to the industry.


The TDAP chief executive said that the entire business community, irrespective of any political affiliation, always attaches importance to supreme national interest over petty personal interest. He said Pakistan was the national identity, which was established after rendering sacrifices and business community would thwart nefarious designs of certain elements who were bent on to disrupt the peaceful environment.


He said he hoped that the leadership of the long marches would realise the gravity of the situation and come to the table for a meaningful dialogue to end political crisis and shun politics of confrontation, violence and agitation.

TDAP shows Rs 150bn daily loss to national economy

Oh yeh kya hai,IK & co should some maturity & settle,keep going like this & you guys will go in debt.It is high time Pakistani Army should stage an intervention
 
150 billion Pak rupee means $ 1.48 billion.. That is $45 billion per month.. Pakistan's gross production is just half of it.. Then how is it possible??

Only Stock exchange has lost around 200 Billion so far, dollar rate gone up by 3 Rupee which means whole this loan taken from IMF also increase and 250 million Dollar single installment this quarter will put more effects on Economy.. Investors already take their money out....Markets, Business, Industry is open but no doing any thing due to this uncertainty.

Remittance sent by Pakistanis each month is around 1.2 billion dollars, that is also gone down due to civil disobedience.

Eventually growth will also go down, due to this pressure.
 
Only Stock exchange has lost around 200 Billion so far, dollar rate gone up by 3 Rupee which means whole this loan taken from IMF also increase and 250 million Dollar single installment this quarter will put more effects on Economy.. Investors already take their money out....Markets, Business, Industry is open but no doing any thing due to this uncertainty.

Remittance sent by Pakistanis each month is around 1.2 billion dollars, that is also gone down due to civil disobedience.

Eventually growth will also go down, due to this pressure.

But stock market, rupee value etc are reversible na?? Once these problems are solved, then these will rebound to its initial status.. Only production loss is accountable.. But if this issues continue for long time it will seriously affect the economy..
 
But stock market, rupee value etc are reversible na?? Once these problems are solved, then these will rebound to its initial status.. Only production loss is accountable.. But if this issues continue for long time it will seriously affect the economy..
no dear, it was stock exchange momentum which kept it growing, once momentum is lost, effects remains forever. Also, how exactly rupee effects can be reverse? rupee probably can come back but effects will remain. on the top, the investor removing their money from the country, it's huge problem..

4.1% growth will definitely be effected due to this issue...

Some how these investors trust NS more then anyone, so if somehow his government go shaking, effects will be even more severer.
 

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