Pakistan announces big hike in military spending in its Budget for next fiscal year
Pakistani Finance Minister Miftah Ismail set aside 1.1 trillion for the defence budget, increasing it by about 20 percent from the 920 million that the government had budgeted for the military to spend.
Apr 28, 2018, 07:24 AM ISTMilitary and debt servicing swallow more than half of Pakistan budget, only 15.2 percent for development
In 2018-19, Pakistan will borrow more than it will repay.
Apr 19, 2018, 00:21 AM IST