- Afghan Taliban appoint new leader after Mansour’s death
- Fazl active to ‘arrange’ Nawaz-Zardari meeting in London
- Pakistan ‘seeking clarification’ about air strike on Taliban leader
- Afghanistan probes Mullah Akhtar Mansour’s fate after deadly US drone attack
- Imran ends NA speech with a street protest ‘warning’
- Policeman dead, 15 wounded in Peshawar twin explosions
Economic survey indicates decline in losses caused by terrorist attacks
The losses caused by terrorism incidents during the first nine months amounted to $4.53 billion in 2014-15, which were 31.7 per cent less than 6.63 billion lost in 2013-14.
The losses are calculated on the basis of loss of exports, privatization, physical infrastructure, foreign investment, industrial output and tax collection, cost of uncertainty and the amount paid in compensation to victims of terrorism.
“The rise of violent extremism and increase in terrorism in Pakistan due to instability in Afghanistan not only caused serious damage to Pakistan’s economy but has also been responsible for widespread human suffering due to indiscriminate attacks against the civilian population,” says the economic survey report.