ISLAMABAD (AP) — Pakistan Tuesday hiked defense spending by 20% following last month’s deadly conflict with India. The government of Prime Minister Shehbaz Sharif announced the increase as part of the ...

Pakistan hikes its defence budget by 20 percent after border clashes with India, economy remains reliant on IMF loans.

Pakistan will raise defence spending by a steep 20% after a military clash with its old enemy India last month, but will slash overall federal expenditure for fiscal 2025-26 by a hefty 7% to 17.57 ...

Pakistan’s defense budget will still be much smaller than that of its more powerful neighbor: India allocates about $80 billion for military spending and is debating a further increase.

Pakistan on Tuesday rolled out a $62.4 billion budget for the fiscal year 2025-26, with a 20% increase in defense expenditure. Finance Minister Muhammad Aurangzeb proposed the budget in the lower ...

Pakistan has enjoyed a strategic alliance with China for more than a decade. The relationship rests on economic, military, ...

Why have NATO nations decided to increase their defence expenditure? During which period was global military spending the ...

By Nantoo Banerjee It is difficult to believe that India, the world’s fourth largest economy by gross domestic product (GDP) and a major military power, ranks below even the tiny states of Kuwait and ...

ISLAMABAD, Pakistan — The government of Pakistan announced on Tuesday a plan to significantly increase its defense spending, a month after a military confrontation with India that brought the ...

Pakistan Boosts Defence Budget by 20% but Slashes Overall Spending in 2025-26. By Reuters | June 10, 2025. ... increase foreign currency reserves to avoid the balance of payments crises of the ...