Pakistan suffered $67.93bn losses due to operation against militants

[Dance]

ISLAMABAD: Pakistan’s economy has suffered direct and indirect losses of upto $ 67.93 billion due its role as a frontline state in operations against terrorists, miscreants and militants since 2001 besides causing damage to its social fabric.

According to Pakistan Economic Survey 2010-11, the events that transpired after 9/11 in Afghanistan worsened the security environment in the country.

The war on terror has spread especially since 2006, like a contagion into settled areas of the country that has so far taken lives of over 35,000 citizens and 3,500 security personnel.

It said that the war affected the country’s exports, prevented the inflows of foreign investment, affected the pace of privatization programme and slowed down the overall economic activity.

The survey said that it reduced import demand and tax collection, expenditure over-run on additional security spending, damaging domestic tourism industry; destruction of physical infrastructure (military and civil) and massive surge in security related spending.

“Pakistan has never witnessed such devastating social and economic upheaval in its industry, even after dismemberment of the country by direct war”, the Survey said.

It added that hundreds and thousands of jobs could have been created had economic activity not slowed as well as thousands of jobs were lost because of the destruction of tourism and the rise in expenditure to support internally displaced persons.

“Pakistan’s investment-to-GDP ratio has declined from 22.5 per cent in 2006-07 to 13.4 per cent in 2010-11 with serious consequences for job creating ability of the economy”, it added.

The Survey observed that while the economic situation was worsening, the new elected government took power in 2008 and the Ministry of Foreign Affairs constituted an inter-ministerial committee to assess the direct and indirect cost of the war on terror on Pakistan.

The ministries of Finance, Interior and Commerce and some other relevant government departments plus the representatives of two provinces bordering turbulent Afghanistan participated in these deliberations.

After few sessions and valuable inputs from all sides, the committee estimated the cost of war on terror and its impact on Pakistan’s economy and society, it added.

According to the survey the committee, at the start of the war, the cost of it to the country was estimated at $ 2.669 billion in fiscal year 2001-02.

But the country continued to pay a heavy price in terms of both economic and security terms, it said.

“The economy was subjected to enormous direct and indirect costs which continued to rise from $ 2.669 billion in 2001-02 to $ 13.6 billion by 2009-10, projected to rise to $ 17.8 billion in the current financial year (2010-11) and moving forward, the direct and indirect costs to the economy is most likely to rise further, the Survey observed.

Pakistan suffered $67.93bn losses due to operation against militants | Pakistan | DAWN.COM

 

[Last Hope]

Adding to the economical losses are losses of precious lives of soldiers and citizens..
Pakistan also lost reputation and world-wide trust.

How worse can it get?

 

[Meengla]

Pakistan should stop crying about the losses. You were part of the team that willingly and knowingly created Taliban. Your country was safe heaven for terrorist, which was threat to world peace. Since you did not stop these terrorist to have safe heaven, you are responsible for the mess. Hence you are paying for it.

You have the classic 'blame the victim' mentality.

There is a statement--I can produce a video if like--from Hillary Clinton. Something to the effect of: '...lets face it. Those who we are fighting today are the one we helped finance/made sometime ago...'. That's just Hillary representing one country. There are dozens others who decided to leave the region in 1989 to fester in civil wars, left-over Madrassahs, wrecked economies of Pakistan and Afghanistan, drugs and drug-trade like heroin...after grooming these forces.

Is there any blaming those dozens of countries?

Talibans did not come out of a void--they were a product of what went on after 1979. And, no, Talibans were not some 'Pakistani' product per se. If they were they would have recognized the Durand Lines upon Pakistan's insistence. They did not do that and defied Pakistan on so many other occasions. I suggest you read Ahmad Rashid's 'Taliban' to understand how the Afghan trucking companies initially helped the Talibans to power.

You and others need a more nuanced and informed approach. This is not some Fox News or Yahoo forum where howling baseless claims make 'the truth' and you move on to eating your dinner. This is a Pakistani forum where there is a greater knowledge of events in and around Pakistan than most places in the world--including even/especially in the US Congressional Hearings if some recent videos are a proof.

 

[Hulk]

1) Did Pakistan not willingly Participated in creating the Taliban.
2) Did Pakistan not helped train the Taliban.
3) Did the training centers not existed inside your own land.
4) Did you ever complained to anyone that you do not want to be party of the war.

So who started is not relevant and I do not want to go there, but it is fact that you were a happy partner to all that and yes you boast about these contributions as achievement in one thread.

As far as US is concerned if they created it, they are willing to fix it, they have spent money and also provided manpower.

US did it agreed and they do not deny it, but you are completing trying to wash your hand which is not right.

 

[Dance]

You have the classic 'blame the victim' mentality.

There is a statement--I can produce a video if like--from Hillary Clinton. Something to the effect of: '...lets face it. Those who we are fighting today are the one we helped finance/made sometime ago...'. That's just Hillary representing one country. There are dozens others who decided to leave the region in 1989 to fester in civil wars, left-over Madrassahs, wrecked economies of Pakistan and Afghanistan, drugs and drug-trade like heroin...after grooming these forces.

Is there any blaming those dozens of countries?

Talibans did not come out of a void--they were a product of what went on after 1979. And, no, Talibans were not some 'Pakistani' product per se. If they were they would have recognized the Durand Lines upon Pakistan's insistence. They did not do that and defied Pakistan on so many other occasions. I suggest you read Ahmad Rashid's 'Taliban' to understand how the Afghan trucking companies initially helped the Talibans to power.

You and others need a more nuanced and informed approach. This is not some Fox News or Yahoo forum where howling baseless claims make 'the truth' and you move on to eating your dinner. This is a Pakistani forum where there is a greater knowledge of events in and around Pakistan than most places in the world--including even/especially in the US Congressional Hearings if some recent videos are a proof.

No use explaining it to them! These people don't know anything about the soviet-afghan war and they just throw out biased/useless nonsense and call that facts

 

[Hulk]

No use explaining it to them! These people don't know anything about the soviet-afghan war and they just throw out biased/useless nonsense and call that facts

Yes as per you, US created the Taliban and you had no contributions to the current mess. We have neither done any wrong nor we can do any wrong attitude, I must say. A strong society is one which can understand its own faults.

 

[Dance]

Yes as per you, US created the Taliban and you had no contributions to the current mess. We have neither done any wrong nor we can do any wrong attitude, I must say. A strong society is one which can understand its own faults.

Please tell me where I said only the U.S created the taliban? Pakistan, U.S, Saudi Arabia, and Afghans themselves contributed to the taliban so why is Pakistan being singled out?

You're the one who made claims that Pakistan was "crying at the losses" when all this article is doing is explaining why Pakistani economy is doing so bad

 

[Last Hope]

Lemme call the Moderators. Meanwhile, just overlook and ignore Bhartis with lack of proper knowledge. What else can you expect from them when their own agencies are involved in blaming ISI and then are shut when asked for proves.

 

[American Pakistani]

Pakistan must start taking steps to recover all these losses, make the economy growing & value of Rupee stable. Police should be made strong in the areas not affected by war & terrorism & improve security situation city by city, install cameras every whereatleast in all major cities. Less terrorism = more foriegn investments = booming of economy.

 

[Meengla]

1) Did Pakistan not willingly Participated in creating the Taliban.
2) Did Pakistan not helped train the Taliban.
3) Did the training centers not existed inside your own land.
4) Did you ever complained to anyone that you do not want to be party of the war.

So who started is not relevant and I do not want to go there, but it is fact that you were a happy partner to all that and yes you boast about these contributions as achievement in one thread.

As far as US is concerned if they created it, they are willing to fix it, they have spent money and also provided manpower.

US did it agreed and they do not deny it, but you are completing trying to wash your hand which is not right.

No, you are wrong.
Pakistan did not 'create' the Talibans anymore than Pakistan invited the Martians to Earth.
I suggested you read Ahmad Rashid's 'Talibans' to better understand how the Talibans came to power.
The fact is that these Mujahideen killed each others and many thousands of innocent Afghans after 1989. Various countries--including INDIA--had their preferred factions. Pakistan chose the Pashtuns.
As Rashid's book says, the Talibans came into power from an incident where a young girl was raped and Mullah Omar--who was then just a common villager--and a few others went after the rapists and tacked them. The transportation industry of Afghanistan--by now tired of giving 'taxes' to various warring factions--decided to support the growing Talibans for business purposes.
It made perfect sense for the Pakistani govt. to back a faction like the Talibans who could be backward etc but were not going to be hostile to Pakistan. Why would Pakistan support factions supported by India? Just because the global narrative is written by Americans does not make it valid for all nations.

Also, yes, the US has recognized their mistakes but SO HAVE Pakistanis! Why do you think Pakistanis are being killed right and left by these fanatics? It is not because Pakistani forces are throwing rose petals on them.

Again, this is not some dumb forum where you can make big statements without being challenged. Better do your home work.

 

[Solomon2]

No, you are wrong. Pakistan did not 'create' the Talibans anymore than Pakistan invited the Martians to Earth.

I'll stick with what your current Ambassador to the U.S., Hassan Haqqani, has written on the subject: if the Taliban was not originally an invention of the ISI, the ISI did its utmost to empower it so that the Taliban could conquer all of Afghanistan: "Whether ISI officials helped create the Taliban or simply enlisted them as allies after the movement had already become influential, Pakistani support for the Taliban was crucial." [Pakistan: Between Mosque and Military, p.240.]

Why do you think Pakistanis are being killed right and left by these fanatics? It is not because Pakistani forces are throwing rose petals on them.

No, it's Pakistani lawyers who do that...

 

[Agni5000]

WOT working for pakistan, It is giving pakistan much needed foreign exchange. It is their export economy. All the money spend on WOT in pakistan in rupees but getting in US Dollars.

 

[American Pakistani]

WOT working for pakistan, It is giving pakistan much needed foreign exchange. It is their export economy. All the money spend on WOT in pakistan in rupees but getting in US Dollars.

Why are Indian trolls soo annoying.

Can't you read properly, Pakistan has lost $68Billions in this war, whereas US has provided less than $7Billion since 2001. Pakistan could've earn alot if imposed heavy tax on the supply convoys passing through Pakistan, usage of Pakistani highways & ports.

 

[Agni5000]

Why are Indian trolls soo annoying.

Can't you read properly, Pakistan has lost $68Billions in this war, whereas US has provided less than $7Billion since 2001. Pakistan could've earn alot if imposed heavy tax on the supply convoys passing through Pakistan, usage of Pakistani highways & ports.

You need to read economics 101. Lot of countries provide infrastructure, tax breaks, free power for special economic zone. This is to earn foreign exchange. We can't expect, 80 pakistan rupees spent, will get 1dollars.

 

[SMC]

You have the classic 'blame the victim' mentality.

There is a statement--I can produce a video if like--from Hillary Clinton. Something to the effect of: '...lets face it. Those who we are fighting today are the one we helped finance/made sometime ago...'. That's just Hillary representing one country. There are dozens others who decided to leave the region in 1989 to fester in civil wars, left-over Madrassahs, wrecked economies of Pakistan and Afghanistan, drugs and drug-trade like heroin...after grooming these forces.

Is there any blaming those dozens of countries?

Talibans did not come out of a void--they were a product of what went on after 1979. And, no, Talibans were not some 'Pakistani' product per se. If they were they would have recognized the Durand Lines upon Pakistan's insistence. They did not do that and defied Pakistan on so many other occasions. I suggest you read Ahmad Rashid's 'Taliban' to understand how the Afghan trucking companies initially helped the Talibans to power.

You and others need a more nuanced and informed approach. This is not some Fox News or Yahoo forum where howling baseless claims make 'the truth' and you move on to eating your dinner. This is a Pakistani forum where there is a greater knowledge of events in and around Pakistan than most places in the world--including even/especially in the US Congressional Hearings if some recent videos are a proof.

Right on. Bharati's have exceedingly oversimplified view of what happened in the 80s and 90s to support their worldview. The ground reality is much different.