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Loss of Rs10bn due to strike in Karachi
KARACHI: National exchequer faces about Rs10 billion loss per day owing to halt of business activities in the economic hub Karachi, Geo News reported.Traders on Friday closed their business activities to protest against spate of violence and due to MQM’s mourning day. According to analysts closure of business activities in the metropolis for one day bring loss of nearly Rs2 billion tax to national exchequer.
Chairman All Karachi Tajir Itehad Atiq Mir has said that businessmen are unable to continue their trade activities in Karachi owing to this violence.
Traders have demanded of the government to maintain its writ in the city so that they could continue their business.
Courtesy www.geo.tv