Pakistan Plans PKR 100 Billion Defense Budget Hike in IMF-Backed Budget

Pakistan is planning to increase its defense budget by PKR 100 billion for the upcoming fiscal year, bringing it to an estimated PKR 2.665 trillion, a move that aligns with an IMF-backed reform program.

16 May, 08:22 — 16 May, 08:22

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Times of IndiaMostly Factual109d ago

Defence boost for Pakistan: PKR 100 billion military hike on cards in IMF-backed budget

Pakistan plans to increase its defense budget by PKR 100 billion for the next fiscal year, reaching an estimated PKR 2.665 trillion. This move aligns with an IMF-backed reform program projecting a significant rise in federal revenues to PKR 17.144 trillion. The government is also committed to digitizing payments and tackling corruption across institutions.

By TOI WORLD DESK

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Pakistan Plans PKR 100 Billion Defense Budget Hike in IMF-Backed Budget

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Defence boost for Pakistan: PKR 100 billion military hike on cards in IMF-backed budget

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