Even as its defence spending has gone up substantially, its overall budget for the next fiscal year has been slashed by 17.57 trillion rupees ($62bn), marking a 6.9 percent decrease from last year.

Pakistan says it will increase defense spending by 20% following last month's deadly conflict with India. The government of Prime Minister Shehbaz Sharif announced the increase Tuesday as part of ...

This excludes 742 billion Pakistani rupees ($2.63 billion) allocated to military pensions, taking the entire defence budget to 3.292 trillion Pakistani rupees ($11.67 billion).

Pakistan has missed three key IMF fiscal targets due to provincial overspending and federal tax collection shortfalls, ...

Military pay has increased by at least 2% every year since 2017, and troops have seen a pay increase annually since the 1970s. Last January, that military pay raise was 4.5%.