33.6 C
Jammu
Thursday, May 23, 2024
HomePakistanPakistan army to get Rs 1.4 trillion next fiscal year, says report

Pakistan army to get Rs 1.4 trillion next fiscal year, says report

Date:

Related stories

Free Balochistan Movement to protest against Pakistan’s nuclear weapons

 The Free Balochistan Movement (UK Chapter) has announced plans...

‘Stop threatening Taiwan’, its new president William Lai tells China

Taiwan's newly inaugurated president William Lai has called on...

BCCI Launches State-of-the-Art Indoor Cricket Academies in North-East

The Indian Cricket Board (BCCI) on Monday laid the...

“India marching towards economic glory”: Sri Lanka Foreign Minister sees mutual benefits

Hailing the ‘excellent’ relationship between Colombo and New Delhi,...

Pakistan’s armed forces are likely to be allocated Rs 1.4 trillion (USD 7.6 billion) in the budget for the next fiscal year, about Rs 83 billion higher than the current year, a media report said on Sunday.

Defence spending often comes under scrutiny at the time of the announcement of the annual budget when allocati­ons for various sectors are earmarked.

The allocation of Rs 1.453 trillion ($7.6 billion) would be about Rs 83 billion higher than the outgoing year’s allocation of Rs 1.37 trillion, an increase of almost six per cent, the Dawn newspaper reported.

The increased amount, defence sources say, will be consumed mostly by the allocation for employees-related expenses, salaries and allowances of servicemen.

Other heads of the budget include civil works, which caters for the military infrastructure development and repairs; physical assets that relate to local purchases of arms and ammunition and some imports and the related costs; and operating expenses, which cover costs incurred on transport, ration, training and treatment, the report said.

Latest stories