Economic losses suffered by Pakistan due to terrorism continued to pile up as the country lost another Rs701 billion ($6.9bn) during the first nine months (July-March) of 2013-14.
The country has lost Rs8264.4bn ($102.5bn), both in direct and indirect costs of incidents of terrorism, during the past 13 years of its engagement with war on terror, Economic Survey 2013-14 released on Monday said.
It was, however, important to note that the losses during the outgoing fiscal year had declined by 32.9 per cent as compared to last year. Losses during 2013-14 had scaled back to the 2007-08 in terms of dollar value. The declining trend for losses had started in 2011-12 and has continued since then.
Pakistan lost the most in 2010-11 for any single year when its losses due to terrorism were calculated to be Rs2,037bn ($23.77bn).
The impact of terrorism on the economy was measured by a finance ministry-led inter-ministerial committee comprising representatives of ministries of interior, foreign affairs, commerce and inter-provincial coordination.
