India, Aug. 10 -- Pakistan has reportedly lost nearly Rs.127 crore in over two months since it shut its airspace to India following the suspension of the Indus Waters treaty after the April 22 Pahalgam terror attack.
According to a Dawn report, Pakistan's the Ministry of Defence has informed the National Assembly that the country lost the amount from April 24 to June 30, and that the loss was in overflying revenue.
However, while it submitted the data of the losses, Pakistan's Defence Ministry reportedly said amounts reflected "revenue shortfalls, not overall financial losses", adding that overflight and aeronautical charges have remained the same.
"While financial losses occur, sovereignty and national defence take precedence over eco...
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