pakistan defence budget in usd

Pakistan scales up defence budget, but who is really fuelling it?

Pakistan, which already has an overall debt of USD 274 billion, raised its defence budget by 20%. The massive hike from the previous budget comes even as Pakistan has cut its overall budget by 6.9%. This is one of the largest increases in decades and will require the government to slash spending accordingly. The hike…

On debt bed, Pakistan to hike defence budget amid India’s Operation Sindoor

alishpagda08@gmail.com3 weeks ago09 mins

Despite grappling with a deepening financial crisis that is pushing it at bailout mercies, Pakistan has confirmed that it is preparing to increase its defence spending in the next fiscal year, beginning in July. The increase is likely to be announced as the budget is presented on June 2. This comes even as Pakistan reels…