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Budget tailored to please Pakistan's armed forces
Hindustan Times Haryana
|June 12, 2025
The Pakistan government has proposed an outlay of 2.55 trillion Pakistani rupees or more than $9 billion as the defence budget for fiscal 2025-26, marking the highest annual increase (20.2% over the last fiscal) in military spending in more than a decade.
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This comes at a time when the country is grappling with a host of economic issues, including dwindling foreign exchange reserves, a balance of payments crisis and perpetual reliance on handouts from international financial institutions and benefactors such as China.
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