Prøve GULL - Gratis

Trump draws closer to Pak’s ‘Milibus’

The Business Guardian

|

October 19, 2025

Pak’s military is seen by Trump as a more reliable conduit for executing tactical goals than its civilian govt.

- PRABHU DAYAL

Trump draws closer to Pak’s ‘Milibus’

At the recent Gaza peace summit in Sharm el-Sheikh, Egypt, President Trump publicly referred to General Asim Munir as his “favourite Field Marshal”.

Trump has displayed a remarkably warm and friendly relationship with the Pakistan's army chief. As the head of Pakistan’s military, Munir offers an opportunity for direct dealings, which fits Trump's transactional approach to foreign policy.

Recent developments indicate how Trump is getting drawn into Pakistan's “mili-bus” or“military’s business” syndrome. “Milibus” refers to the military's vast, unaccountable, and non-trans-parent business empire. This military capital is used for the personal benefit of the armed forces’ leadership but is not recorded in the official defence budget. The “milibus” provides the military with financial autonomy and increases its interest in maintaining political power. The military’s business interests are frequently intertwined with its political influence, undermining civilian institutions.

The term “milibus” was coined by analyst Ayesha Siddiga in her 2007 book “Military Inc.: Inside Pakistan’s Military Economy”. She estimated the military's business empire to be worth at least $20 billion at the time. Recent reports suggest this figure has grown significantly.

The milibus’ foundation was laid by Pakistan's first military ruler, Ayub Khan in the 1960s, but it expanded dramatically during subsequent dictatorships. The military justifies these ventures as welfare programs for its personnel, but critics point out that the benefits are disproportionately concentrated among the officer class.

FLERE HISTORIER FRA The Business Guardian

The Business Guardian

GAUTAM ADANI MEETS SATYA NADELLA, DISCUSSES FUTURE OF TECHNOLOGY

We are excited to continue building a 360° partnership as the physical and digital worlds converge in the age of AI,\" Gautam Adani said in a post on X, attaching

time to read

1 mins

December 11, 2025

The Business Guardian

The Business Guardian

Indian markets slide for third straight session on Fed caution and FPI outflows

Indian stock markets declined for the third consecutive session on Wednesday, as investors remained cautious ahead of the US Federal Reserve's 2026 policy guidance, with ongoing foreign fund outflows further dampening sentiment.

time to read

1 mins

December 11, 2025

The Business Guardian

The Business Guardian

Google and the Telangana government launch a startup hub in Hyderabad

Google and the Telangana government launched the Google for Startups Hub at T-Hub in Hyderabad - a dedicated space to encourage the growing startup ecosystem to scale and deliver world-class innovations.

time to read

2 mins

December 11, 2025

The Business Guardian

The Business Guardian

Bharat Russia Synergy: Bridges Nations—Vladimir Putin’s visit powering Viksit Future

Let me give you all A comprehensive Analysis on Bharat and Russia: A Synergistic Partnership for a Viksit Future\"...

time to read

3 mins

December 11, 2025

The Business Guardian

The Business Guardian

Mumbai drivers save more on switching from Petrol to CNG: Report

CNG continues to offer the highest price advantage over petrol in Mumbai, while Delhi provides the biggest savings compared to diesel, according to a report by Antique Stock Broking.

time to read

1 mins

December 11, 2025

The Business Guardian

The Business Guardian

India and Japan to drive Asia-Pacific M&A in 2026: S&P

India and Japan are likely to remain key drivers of Asia-Pacific Mergers and Acquisitions (M&A) deals in 2026, supported by stable economic conditions and regulatory developments, said S&P said on Wednesday.

time to read

1 mins

December 11, 2025

The Business Guardian

The Business Guardian

Travel, Family, Happiness: The perfect trio

In today's fast-paced world, where work, social obligations, and technology often consume our time, finding ways to truly connect with family and experience joy can seem challenging.

time to read

3 mins

December 11, 2025

The Business Guardian

The Business Guardian

India ready to spearhead large-scale AI adoption: Debjani Ghosh

India is prepared to lead for large-scale adoption of artificial intelligence, with policymakers and industry shifting their attention from the technology's potential to its real-world impact, according to Debjani Ghosh, Distinguished Fellow at NITI Aayog.

time to read

1 mins

December 11, 2025

The Business Guardian

The Business Guardian

DISCOVER INDIA'S GOLDEN TRIANGLE: DELHI, AGRA, JAIPUR

India is a land of diverse cultures, rich history, and breathtaking landscapes.

time to read

2 mins

December 11, 2025

The Business Guardian

The Business Guardian

Smart Travel: Comfortable journeys without the price tag

Traveling is one of life's greatest pleasures, but it can also put a strain on your wallet if not planned wisely.

time to read

2 mins

December 11, 2025

Listen

Translate

Share

-
+

Change font size