War on terror cost Pak $67.93 billion

June 20, 2011 15:35

Pakistan's economy has suffered direct and indirect losses of upto 67.93 billion dollars due its role as a frontline state in counterterrorism operations since 2001.

According to Pakistan Economic Survey 2010-11, the events transpiring in Afghanistan after the 9/11 attacks worsened security environment in the country.

The 'war on terror' has so far taken the lives of over 35,000 citizens and 3,500 security personnel.

It said the war has affected the country's exports and the pace of privatization programme. It has also prevented the foreign investment inflows and slowed down the overall economic activity.

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