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Protests, sit-ins could cause Rs120bn daily loss: Aurangzeb

Protests, sit-ins could cause Rs120 billion in daily economic losses as Pakistan moves from economic stabilisation towards growth, Finance Minister Muhammad Aurangzeb said. Speaking to the media, Aurangzeb said the country had made progress on several key economic indicators. He noted that foreign exchange reserves had reached their highest level in Pakistan’s history, while the […]

Finance Minister Muhammad Aurangzeb has warned that disruptions caused by long marches, sit-ins and strikes in Pakistan could cost the economy around Rs120 billion each day. These disruptions are being described as "self-inflicted pain" at a time when the country is transitioning from economic stabilisation to sustained growth. The Finance Minister's warning comes after three political groups - Jamaat-e-Islami, Kissan Ittehad and Pakistan Tehreek-e-Insaf - announced plans for protests in Islamabad in the coming week, protesting different issues.

Written by urgent.news from The Express Tribune - Pakistan's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

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