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International News: Even though a ceasefire has been established after the recent conflict between India and Pakistan, Pakistan has had to pay a heavy price for this conflict. The Indian Army's retaliatory action in the three-day military conflict badly shook Pakistan's military and economic structure. India demonstrated its strategic prowess by targeting air force bases like Skardu, Jacobabad, Sargoda and Bhulari.
According to media reports and international analysts, Pakistan has suffered a loss of Rs 33,952 crore in just three days. This loss includes the fall in the stock market, destruction of military equipment, loss due to closure of airspace and suspension of Premier Sports League (PSL). This has further crippled Pakistan's already shaky economy.
In India's military action, two F-16 fighter planes (Rs 1000 crores) and two JF-17 fighter jets (Rs 240 crores) of Pakistan were destroyed. The biggest blow came when India also shot down the Pakistani Airborne Warning and Control System (AWACS) aircraft, whose estimated cost is said to be Rs 5845 crores. Including all these, Pakistan has suffered a loss of Rs 7085 crores only from Air Force equipment.
Pakistan has recently taken a loan of 2.4 billion dollars (about Rs 20,371 crores) from the International Monetary Fund (IMF). But it has suffered much more loss than that in the three-day war. This means that Pakistan has suffered a loss of more than the help it received from the IMF in just 72 hours.
According to the figures shared by an American analyst Sahar Khan:
It is clear that Pakistan has paid a heavy price for clashing with India. This military and economic setback has further weakened Pakistan on the global stage.
India's decisive and strategic military action has made it clear that if any country tampers with India's sovereignty and security, it will have to face serious consequences. Pakistan is now badly devastated not only by the war but also on the economic front and is extending its hand for international help.