6.2 billion blow to Pakistan economy, courtesy Nawaz – Zardari governments

ISLAMABAD: Pakistan has decided to challenge multi-billion dollar damagesin the Reko Diq case in international court.

International court had imposed $6.2 billion damages in Reko Diq case.Pakistan assets could be seized following damages imposed on Pakistan,Minister for Energy Omar Ayub Khan said this while addressing a newsconference here.

The minister said Pakistan would go into appeal against these decisionsawarded against Pakistan. He blamed previous governments for taking unwisedecision that resulted in such damages against Pakistan.

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Besides, the country Pakistan faced a burden of Rs24 trillion debt due tofailed policies of the previous governments and added that people shouldknow about those behind such heavy loans.