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Pakistan’s FY25 Budget Balances Defense Needs and Economic Revival In the shadow of the recent India-Pakistan military clashes, defense spending has been increased by 20 percent since last year.
Pakistan Tuesday hiked defense spending by 20% following last month’s deadly conflict with India. The government of Prime Minister Shehbaz Sharif announced the increase as part of the budget for ...
Pakistan, May 25 -- An International Monetary Fund (IMF) team has concluded its visit to Pakistan after discussions with authorities regarding the upcoming budget, broader economic policy and ...
Pakistan will raise defence spending by a steep 20% after a military clash with its old enemy India last month, but will slash overall federal expenditure for fiscal 2025-26 by a hefty 7% to 17.57 ...
Pakistan's federal budget for fiscal year 2025-26 is expected to cut spending to 17.57 trillion rupees ($62.30 billion) from 18.9 trillion rupees in the previous year, a source said ahead of the ...
Pakistan secured a record USD 26.7 billion in foreign loans during the last fiscal year, according to a media report that ...
The 2025–26 defence budget includes PKR704.4 billion for operating expenses for the Pakistan Armed Forces, a 29% increase over the revised allocation for 2024–25.