Pak claims Rs. 2080 billion loss in five years of 'war on terror'

Islamabad, Jan.17 (ANI): Pakistan has said that it has incurred heavy financial loss during the last five years due to its participation in the 'war on terrorism.'

The Poverty Reduction Strategy Paper-II prepared by the Pakistan Government states that the country has suffered losses worth Rs 2080 billion in the war on terror.

"These include direct losses of Rs 350 billion and indirect losses of Rs 1650 billion," The Nation quoted the strategy paper, as stating.

It also said that the war, which was initiated by the US after the 9/11 attacks has put a huge dent on the country's efforts for development.

The estimated cost of the war on terror in Pakistan was around Rs 484 billion during financial year 2007-8 and it is projected to increase to Rs 678 billion during the current financial year, the paper said. (ANI)