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imageISLAMABAD: The direct and indirect cost incurred by Pakistan due to incidents of terrorism amounted to US $ 106.98 billion equivalent to Rs.8,702.75 billion during the last 14 years.

According to Economic Survey 2014-15 released by Federal Finance Minister, Senator Ishaq Dar here on Thursday, the country needs enormous resources to enhance productive capacity of the economy by repairing damaged infrastructure and to create a favorable investment climate.

The security situation will be the key determinant of future flow of the investment.

It said, after adoption of National Action Plan by the All Parties Conference (APC) and its subsequent implementation which is overseen by the apex committees of the provinces.

There have been improvements in the overall security situation in the country in the recent months as a result of concerted actions by the Government of Pakistan.

However, peace and stability in Afghanistan and the region are vital for the complete revival of Pakistan's economy and to keep stability in the system.

Copyright APP (Associated Press of Pakistan), 2015

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