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Economic TerrorismBy Subhan

Ahmad

AgendaWhat is economic terrorism?Why Such Terrorism is Preferred by

Terrorist?Economic terrorism in Pakistan.Effects of economic terrorism in Pakistan.Challenges faced.Conclusions.Suggestions.

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What is Economic Terrorism?The act by any group or

state for the sole and illegal purpose of creating economic chaos and collapse as a means of destroying the attendant society.

Is the most lethal weapon for any anti-social element.

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Economic TerrorismIt is carried out to

undermine a country to mount defense or even exist.

Effects economic terrorism are massive and long lasting.

The 9/11 incident is one of the biggest act of economic terrorism.

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Why Such Terrorism is Preferred by Terrorist?To give massive damage to a country in a

single attack.

To break the military defense system.

To spread fear among average citizen.

To cripple the economy of a country.

Economic Terrorism in Pakistan

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Economic Terrorism in PakistanSince 9/11, many countries have been

subjected to economic terrorism.

The incident of 9/11 greatly affected Pakistan’s defense and economic condition.

Frequent suicide bombing is the main cause of spreading of economic terrorism in Pakistan.

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Effects of Economic Terrorism in Pakistan

Economic terrorism is costing Pakistan both economical and human lives loss.

In 2009, Pakistan’s GDP rate remained 3%.

The inflation in Pakistan is high i.e. 18.85%.

Thousands of people have died due to suicide bombing.

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Effects of Economic Terrorism in PakistanPakistan is spending a lot of money in

counter-terrorist activities.

On the name of War on Terror, Pakistan suffered loss of 2080 billion dollars.

Pakistan cannot maintain its economy by itself and is now depending on foreign aids.

Foreign Investments In 2009,Foreign Direct Investment (FDI) could

not improve and fell steeply by 52 per cent.

Pakistan Cricket Board PCB Suffered a loss of 51.22 million dollars

Pakistan Tourism Industry Pakistan tourism Industry suffered a loss of

44 million dollars.

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Challenges facedLack of leadership and weak political parties.

Unawareness in citizens.

Lack of trust in Anti-terrorist allies of Pakistan.

Weak economic backbone

Inefficient security.

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ConclusionEconomic terrorism should not be taken

lightly.Economic terrorism is a very lethal weapon

that can cripple a country.It is carried out by anti-social elements due to

political, social or religious reasons.Pakistan is facing worst terrorism attacks.Such attacks are responsible for the loss of

human lives and economic decline in our country.

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SuggestionGovernment of Pakistan should focus on

should focus on eliminating the potential threat of economic terrorism.

Build awareness among the people.

Import better technology to tackle terrorists.

Build trust greater trust among the allies.

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Referenceswww.dawn.com www.thenation.com.pk www.thefinance.gov.pk www.defence.com.pk www.wikipedia.org www.encarta.com

Any Questions ??