Pakistan defense allocation is up by whopping 18%

Pakistan has allocated Rs 1.1 trillion (about $9.6bn) for defense in the next fiscal year, a whopping 18% increase over the Rs 920 billion provided to the military in the outgoing financial year. The allocation represents the highest growth in the defense budget in more than a decade. Revised figures from budget documents presented by the finance minister. Miftah Ismail on Friday suggests military spending will hit Rs 1 trillion this year.


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