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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.
Why have NATO nations decided to increase their defence expenditure? During which period was global military spending the ...
The 2025–26 defence budget includes PKR704.4 billion for operating expenses for the Pakistan Armed Forces, a 29% increase over the revised allocation for 2024–25.
This underscores the urgency in Pakistan to prioritize military power despite economic difficulties. Moreover, the new allocation pushes defense spending to around 1.97 percent of the country’s GDP.
Out of this budget, $29 billion will go toward debt financing. The most significant development in the budget is a defense spending allotment of $9 billion, which marks an increase of about 17% ...
Pakistan's finance ministry announced a defense budget increase to $9 billion (2.55 trillion rupees) for the 2025-26 fiscal year, up from $7.7 billion (2.18 trillion rupees) the previous year.
Pakistan's debt has reached nearly PKR 76,000 billion ($270 billion) in nine months. The new budget features a 20% increase in defense spending while overall expenditure is cut by 7%.
Pakistan has announced a sharp 20 per cent increase in its defence budget for the fiscal year 2025–26, setting aside PRs 2,550 billion (approximately USD 9 billion).
Pakistan has enjoyed a strategic alliance with China for more than a decade. The relationship rests on economic, military, ...
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 ...