Pakistan Economy Suffers Because Of Ongoing Political Chaos In The Country

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LAHORE: The current political upheaval causes great economic loss to Pakistan.

 

Pakistan economy suffers becuase of ongoing political tensions
Pakistan economy suffers becuase of ongoing political tensions

The in progress political brawl in the country has severely dented country’s economy. The business community whines loss of: Rs1 billion already owing to the political crisis. It has been more than a week now, the rising political temperature has activated serious economic losses and steps taken by the Punjab government have added fuel to the fire.

The Punjab government’s decision to limit the protests through roadblocks by placing containers has slowed down trading activities across the country. According to the Heavy Transport Association, around 1,200 containers were seized by the police during these days. The daily rent of each container has been estimated to Rs10, 000; consequently, the transporters are bearing losses of Rs12 million daily.