Today: 18 August 2025
10 June 2023
1 min read

Cash-strapped Pakistan hikes defence spending by 16%

The crisis-hit Pakistan has proposed a roughly 16 per cent increase in the defence budget as the country continues to face internal and external security challenges.

Interestingly, all three services — Army, Navy, Air Force — were given an equal increase in the budget, although the military takes the major share given its size and the role, The Express Tribune reported.

Pakistan’s defence spending is now 1.7 per cent of its GDP, showing a decline compared to last year.

The defence spending in 2022-23 was around 2 per cent of the country’s GDP, the size of which has grown due to the rebasing of the economy, The Express Tribune reported.

Defence spending has always been the subject of discussions with some seeking greater transparency and open debate about the military’s budget.

In recent years, the government provides more details about the defence budget.

However, there has never been open debate within the parliament on the subject.

Observers believe that the increase in the defence budget is justified given the impending external and internal security challenges, The Express Tribune reported.

Despite the US troops withdrawal from neighbouring Afghanistan, Pakistan still deploys thousands of troops along the western border as well as in the erstwhile tribal areas to deal with the threat of terrorism.

The budget document shows that defence outlay for 2023-24 would be 1,804 billion PKR compared to the revised defence spending of 1,591 billion PKR earmarked for the outgoing fiscal year.

ALSO READ: China Tightens Grip On Crisis-Hit Pakistan

Previous Story

SPECIAL: China Tightens Grip On Crisis-Hit Pakistan

Next Story

Countdown to Imran’s arrest as military cleanses ranks

Latest from -Top News

Modi, Putin Discuss Alaska

Russian President Vladimir Putin on Monday spoke with Prime Minister Narendra Modi, sharing his assessment of last week’s meeting with US President Donald Trump in Alaska PM Modi reiterated India’s consistent stance

Egypt, Palestine PMs Discuss Gaza

Palestinian Prime Minister Mustafa highlighted that the Arab-Islamic peace plan stresses reconstruction of Gaza without displacement of its people Egyptian Prime Minister Mostafa Madbouly and his Palestinian counterpart Mohammad Mustafa met in

One Million Gazans Face Starvation

UNRWA: Hunger is spreading fast in Gaza. Women and girls are forced to adopt increasingly dangerous survival strategies like venturing out in search of food and water at the extreme risk of

UK MPs Urge Gaza Evacuations

96 MPs warned that children in the war-torn territory are facing “imminent death” unless immediate steps are taken…reports Asian lite News A cross-party coalition of MPs has demanded urgent action from the

No deal but ‘progress made’, says Trump

President Putin praised Trump’s efforts to facilitate dialogue and reaffirming that Ukraine’s security must be guaranteed. US President Donald Trump and Russian President Vladimir Putin concluded a landmark summit in Anchorage, Alaska,
Go toTop

Don't Miss

Kabul mediating between Pak, TTP, confirms Afghan FM

He expressed confidence that the talks will yield positive result,

Blast shakes Lahore market, kills 2

Officials are suspecting that the blast was of an Improvised