Defence spending surges in Islamabad’s new budget, even as overall expenditures shrink.
Pakistan has announced a major boost to defence spending in its new budget, just weeks after coming to the brink of a fifth war with archrival India.
The budget for the fiscal year 2025-2026, announced by the government on Tuesday, ramps up defence spending to 2.55 trillion rupees ($9bn), up 20 percent from the current fiscal year, which ends this month.
The hike in defence expenditures comes amid a cut…
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News Source: www.aljazeera.com
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