 Studies and research conducted by Pakistan's leading economists and the financial experts, the war hit Pakistan's national economy "very hard", and the outcomes produced by the war on country's national economy, were surprising and unexpected to Pakistan's military and economic planners.The Pakistani government's economic institutions referred to the conflict as "economic terrorism" and according to Pakistani officials, the indirect and direct cost of the war was around $2.67 billion in 2001–02, which reached up to $13.6 billion by 2009–10, was projected to rise to $17.8 billion in the 2010–11 financial year.The country's national investment-to-GDP ratio has nosedived from 22.5% in 2006–07 which went down to 13.4% in 2010–11 with serious consequences for job creating ability of the economy.