Poverty Level Rises in Pak as Military Corners Funds

The increasing stranglehold of the military Generals on Pakistan's economy is diverting the country's resources for defence expenditure amid rising poverty and unemployment levels in the country.

- IANS

The budget for the current financial year saw a massive 20 per cent hike in defence expenditure despite a 7 per cent cut in the overall outlay under other heads such as education, healthcare and economic development projects to create more jobs.

Despite the crisis-ridden economy merely managing to survive on IMF loans, the military seems to be facing no constraints on its spending spree on weapons such as tanks and planes.