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Pakistan announces $62 billion budget 2025-26, raises defense spending by 20 percent to $9 billion
KARACHI: Pakistan on Tuesday announced its federal budget for fiscal year 2025-26 with a total outlay of Rs7.57 trillion ($62 billion), an overall decrease in spending by 7 percent, but hiked the defense expenditure by 20 percent following a recent military conflict with nuclear-armed neighbor India. Finance minister Muhammad Aurangzeb presented a budget that allocated Rs2.55 trillion ($9 billion) for defense spending in FY26, compared to Rs2.12 trillion in the fiscal year ending this month.
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arabnews.com
Pakistan likely to hike defense spending but slash overall budget in 2025-26
ISLAMABAD: Pakistan will unveil its annual federal budget for the coming fiscal year later on Tuesday, seeking to kickstart growth while finding resources for an expected hike in…
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Pakistan set to unveil IMF-backed budget today, aimed at balancing growth and stability
KARACHI: Pakistan’s Finance Minister Muhammad Aurangzeb is set to unveil an International Monetary Fund-backed federal budget for the 2025-26 fiscal year in parliament today, with…
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Pakistan announces $62 billion budget 2025-26, raises defense spending by 20 percent to $9 billion
KARACHI: Pakistan on Tuesday announced its federal budget for fiscal year 2025-26 with a total outlay of Rs7.57 trillion ($62 billion), an overall decrease in spending by 7…
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aljazeera.com
Pakistan ramps up defence spending by 20 percent after India conflict
Defence spending surges in Islamabad’s new budget, even as overall expenditures shrink.
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Pakistan’s plan to sharply increase growth faces headwinds — analysts
ISLAMABAD: Pakistan is aiming to sharply increase economic growth under its annual federal budget unveiled on Tuesday, but analysts are skeptical about the country’s ability to…
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Pakistan defends 20 percent defense budget hike, cites need to counter India’s ‘war craze’
ISLAMABAD: Pakistan on Wednesday defended its decision to raise defense spending by 20 percent in the new fiscal year, citing the need to strengthen missile defenses and counter…
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How is Pakistan raising money for a 20 percent hike in defence spending?
Pakistan hikes its defence budget by 20 percent after border clashes with India, economy remains reliant on IMF loans.
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Pakistan’s Sindh, Khyber Pakhtunkhwa provinces to present budgets 2025-26 today
KARACHI: Pakistan’s Sindh and Khyber Pakhtunkhwa (KP) provinces will present their annual budgets for the fiscal year 2025-26 today, Friday, in their respective assemblies,…