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PESHAWAR, September 5: The federal government says the sit-ins and protests of the Pakistan Tehrik-e-Insaf and Pakistan Awami Tehrik in the federal capital Islamabad have caused a loss of approximately 547 billion rupees to the national exchequer.

Submitting a report to the Supreme Court, the state counsel Advocate Aslam Butt said the Islamabad protests had badly affected the country’s economy.

He added that the stick exchange rate has plummeted by 4.3 percent and that the businesspersons have suffered billions of rupees losses.

He said the volume of the country’s loans had increased due to hike in dollar’s value. He also said that trade with various countries had been affected because the distrust of foreign investors.

In the report, Attorney General Mr Aslam Butt also mentioned that the protesters had damaged public property, and that the security agencies had been released an additional amount of 350 million rupees to control law and order in Islamabad.

“More than 50 percent employees of various government departments don’t attend offices because of the blockade of the Constitution Avenue amid on the ongoing protests in Islamabad,” he said.