Topic > Analysis of the Pakistan case - 1009

According to the Pakistan Economic Survey, the war had affected the country's exports, prevented foreign investment and slowed down overall economic activity. The Economic Survey states: “This situation has disrupted Pakistan's normal economic and trade activities, which not only resulted in increased business costs, but also created disruptions in production cycles, resulting in significant delays in fulfilling orders export all over the world. As a result, Pakistani products have gradually lost their market share to competitors. As a result, economic growth slowed, demand for imports reduced as tax collection and the introduction of foreign investment decreased. Investment outflow and negative trends of capital outsourcing in Pakistan have further aggravated the problems of declining performance of the export-oriented sector.” The war on terrorism has reduced tax collections and caused large additional security expenditures. It also damaged the tourism industry and destroyed military and civilian infrastructure. Reports state that Pakistan's tourism industry has suffered a loss of $44 million. The investigation revealed that thousands of jobs could have been created, but thousands of jobs have been lost due to the destruction of tourism and increased funding to support displaced people