Pakistan faced massive financial losses in war on terror: Dr Farrukh


ISLAMABAD (APP): The Government’s Spokesperson on Economy Affairs Dr Farrukh Saleem Monday said Pakistan had faced huge financial losses in the war against terror.

Talking to a news channel, he said the country suffered over 75,000 casualties, including those of civilians and personnel of armed forces and other law enforcement agencies in that war.

The world had even acknowledged Pakistan‘s sacrifices and elimination of terrorists from its soil, but it was strange that the United States was blaming Pakistan for the failure of its forces in Afghanistan, he added.
To a question about weak performance of institutions, Dr Farrukh Saleem said the previous governments of Pakistan Muslim League Nawaz (PML-N) and Pakistan Peoples Party (PPP) were responsible for burdening the country with huge debt.

Every past government, he said, had made tall claims of bringing changes in the Federal Board of Revenue but in fact they did nothing regarding broadening of the tax network. But now it was first time in the country’s history that present government under the dynamic leadership of Prime Minister Imran Khan was restructuring the FBR.
To another question, he said “Sarmaya Pakistan” as announced by the PTI leadership , for streamlining the affairs of some 195 state institutions.

To a query about the prime minister’s visits to Saudi Arabia, China , and the UAE, he said $1 billion from Saudi Arabia had been received by the State Bank of Pakistan while the rest would be released by the end of December, he added.

Pakistan would start availing the oil facility on deferred payment from next year, he said.
He said China had also in principle agreed to provide assistance to Pakistan. The country was keen in investing in various sectors in Pakistan. Heads of oil refinery companies and a delegation of Eitesalat, which deal in the telecommunication sector, would visit Pakistan, he added.

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