Pakistan is eyeing to step up its defence budget by around PKR 100 billion in the next fiscal year, as the government works on a new budget under an International Monetary Fund (IMF)-backed reform programme that also projects a strong rise in revenues.

Proposes Rs430bn new budgetary measures; suggests 18pc hike in petroleum levy target; asks provinces to mobilise extra Rs430bn.

Pakistan plans a PKR 100 billion increase in defence spending in its IMF-linked budget for the 2026-27 fiscal year.

Pakistan is eyeing to step up its defence budget by around PKR 100 billion in the next fiscal year, as the government works on a new budget under an International Monetary Fund…