Posts tagged as: defence budget

PML-N hikes defence spending in new budget

The PML-N government Wednesday increased the defence allocation in its budget for fiscal 2013-14 to 627 billion rupees (around 6.32 billion US dollars), making nearly 15 per cent hike over the outlay for the current fiscal, which ends on June 30th.     The allocation for the three defence services amounted to 15.73 per cent […]

Kayani dismisses claims about heavy defence budget

Kayani dismisses claims about heavy defence budget Chief of Army Staff, General Ashfaq Pervez Kayani has dismissed claims that Pakistan spends more than half of its budget on defence and revealed that it is only 18 per cent, out of which Army gets a mere 8.5 per cent. There have been a lot of question […]

Pakistan plans to curtail its army expenditure in the coming fiscal year

The army spokesman, Major-General Athar Abbas, has told the press reporters that Pakistan anticipates lowering down its extensive military expenditure for the coming fiscal year. The Pakistan army eats up 16 per cent of the state’s annual budget every year and is hoping to lower its costs in the near future to help the cash-strapped […]

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