TDAP shows Rs 150bn daily loss to national economy

ISLAMABAD - The long marches have been causing a financial loss of Rs 150 billion on daily basis to the national economy besides rendering a large number of daily-wagers jobless across Pakistan.


Trade Development Authority of Pakistan (TDAP) Chief Executive SM Munir said that the ‘Azadi March’ of the Pakistan Tehreek-e-Insaf (PTI) and the ‘Inqilab March’ of the Pakistan Awami Tehreek (PAT) were adversely affecting the national economy.


“It seems that none of them had realised the adverse impact on economic growth of these marches," he said. He said that thousands of factories have altogether been closed down in the wake of volatile political situation. Expressing concern over current political impasse, he said the national economy had been suffering badly for the last one month which was not being noticed by the top leadership of PTI and PAT.


He said that it was high time for all political parties, especially the opposition, to resolve political issues and differences strictly in accordance with the democratic values by holding parleys in larger national interest.


He said that Federation of Pakistan Chamber of Commerce and Industry President Zakaria Usman and all other affiliated chambers had taken strong exception to long marches which have been inflicting losses to the industry.


The TDAP chief executive said that the entire business community, irrespective of any political affiliation, always attaches importance to supreme national interest over petty personal interest. He said Pakistan was the national identity, which was established after rendering sacrifices and business community would thwart nefarious designs of certain elements who were bent on to disrupt the peaceful environment.


He said he hoped that the leadership of the long marches would realise the gravity of the situation and come to the table for a meaningful dialogue to end political crisis and shun politics of confrontation, violence and agitation.

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