Pakistan has unveiled a 17.6 per cent increase in defence spending for the 2026-27 fiscal year, allocating PKR 3,000 billion.

Average inflation expected to be 8.2pc; finance minister says large chunk of budgeted expenditures to be allocated for markup payments.

Average inflation expected to be recorded at 8.2pc; finance minister says most of the budget expenditure to be allocated for markup payment.

Finance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting July, up 18% from the outgoing year,…