Summary Opposition walked out of the Senate for not getting answers over further questions
ISLAMABAD (Dunya News) – Finance Minister Ishaq Dar has told the Senate on Friday that country’s economy bore losses of around USD 57 billion in the last five years over terrorism.
While filing a written reply in the House, the federal minister stated that the country rendered losses of USD 57 billion in the last five years while tax worth Rs 8,000 billion was collected in three years.
In 2010-11, economy lost USD 23.77 billion due to terrorism, USD 11.98 billion in 2011-12, USD 9.63 billion in 2012-13, USD 6.63 billion in 2013-14 and USD 4.53 billion were lost in 2014-15.
On the other hand, tax recovery in Fiscal Year (FY) 2012-13 stood at Rs 1,946 billion, Rs 2,254 billion in FY 2013-14 and Rs 2,579 billion taxes were pocketed in FY 2014-15.
However, opposition walked out of the Senate for not getting answers over further questions.
Senate Chairman Raza Rabbani was put off by absence of federal ministers in the House and proceedings were postponed.
It should be noted here that opposition had boycotted Senate s proceedings and had walked out several times until Monday over premier s absence.
The Prime Minister addressed the National Assembly on Monday after which the boycott was called off.
