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Long marches inflict Rs 300b loss on national economy: Dastgir

Long marches inflict Rs 300b loss on national economy: Dastgir

ISLAMABAD: While terming long march as economical murder of the country, the Commerce Minister has said that ongoing long marches have inflicted a loss of at least Rs 300 billion to national economy.

“Both the domestic and foreign investors are reluctant to invest in the country under the threat of marchers,” stated the Minister here.

Engr. Khurram Dastgir said that long march had caused irreparable damages to democracy and economic stability because confidence of the investors was being shattered due to the ongoing political instability.

“The government had restored confidence of the international monetary institutions and investors in the national economy after hard toil of 14 months, but the long march has shattered that confidence merely in the 14 hours.” he stated.

He said that marchers were totally unaware of the economic factors of the country’s economy because rupee which had been stabilized due to successful economic policies of the government was loosing value due to marches.

“Pakistan had become the top priority and first destination for the international investors during last few months, but now foreign investors have become reluctant in further investing in the country due to negative politics of few politicians,” he added.