This paper analyzes the potential economic impact of a renewed India-Pakistan war by synthesizing historical data from previous conflicts and examining current economic vulnerabilities in both ...

On top of the fact that global military spending has surged in the past ten years, these developments indicate that the world ...

The National Assembly of Pakistan has officially approved the Rs17,573 billion federal budget for the fiscal year 2025-26, passing the Finance Bill with a majority vote. All cut motions from the ...

Prime Minister Mark Carney hailed a new and aggressive NATO target to boost military spending, while acknowledging that other areas might get cut back.

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.

In the shadow of the recent India-Pakistan military clashes, defense spending has been increased by 20 percent since last year.

Islamabad, Pakistan – Pakistan has increased its defence spending by more than 20 percent – the most substantial hike in a decade – following last month’s military confrontation with ...

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 on Tuesday, June 10, 2025, raised its defence expenditure by 20 per cent to $9 billion in the annual federal Budget for 2025-2026 (FY26) over the preceding year, but slashed overall ...

Pakistan has announced a major $9 billion defense budget increase alongside a key military deal with China for advanced jets and missile systems.

AFP Pakistan Tuesday hiked defence 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 budget for ...

The most significant development in the budget is a defense spending allotment of $9 billion, which marks an increase of about 17% from the previous year.