Defence Allocations Now for the defence budget. The allocation of PKR 2.55 trillion, a jump of 20%, is the highest in a decade, at 1.97% of GDP. Its share of the federal outlay has risen to 14.51% ...

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

All of these finances go to pay for Pakistan’s 1,704,000 total military personnel, which is composed of 654,000 active personnel, 550,000 reserves, and 500,000 paramilitary forces.

While the decline in interest rates has slightly reduced debt servicing costs, it still accounts for the lar­gest share of current expenditure, followed by defence, pensions, and subsidies. PRIME ...

Pakistan’s new defense budget hike includes even greater purchases of Chinese arms: Following May’s clash with India, Pakistan announced on June 10 that it would increase its defense budget by ...