In the defence budget for the coming fiscal year, an amount Rs3.76 billion has reportedly been allotted for various defense development initiatives. Thirteen projects from the ministries of and defence and defence production will be funded by the money. According to media reports, the National ...

ISLAMABAD – The government has increased the defence budget by 6% for the outgoing fiscal year in a bid to meet the needs of the armed forces, including their enhanced salary requirements. The decision to increase the defence budget by another Rs80 billion was taken by the Economic Coordination ...

NEW DELHI - Despite defence budget of $61 billion and strength of over 1.5 million, Indian Army Chief needs more military capability to fight neighbouring Pakistan Indian Army Chief General Bipin Rawat seek more military capabilities to counter security threat from neighbour Pakistan. India has ...

*ISLAMABAD: The National Assembly (NA) on Thursday unanimously passed Rs11.053 trillion defence budget by a simple majority of 169-143.* The defence budget was approved without any objection as the opposition did not present any cut-down motion in the House. The opposition presented cut motions ...

*LAHORE – The Pakistan Tehreek-e-Insaf government on Tuesday unveiled Rs7tr budget for FY20 as its first annual budget in the National Assembly.* In the budget session, State Minster for revenue Hammad Azhar presented in Parliament the austerity-driven budget for the FY20, which starts from ...

*ISLAMABAD: Foreign Minister Shah Mehmood Qureshi on Friday rejected impression of having any sort of pressure from the International Monetary Fund (IMF) which has resulted into cuts in the defence budget.* Shah Mehmood Qureshi, in his recent statement, clarified that the defence budget cut was ...

RAWALPINDI - Chief of Army Staff (COAS) General Qamar Javed Bajwa has said that the military’s decision to forgo an annual increase in defence budget is “not a favour to the nation.” “Irrespective of the voluntary cut in defence budget in upcoming financial year, there shall be no ...

*ISLAMABAD: Foreign Minister Shah Mehmood Qureshi on Friday rejected impression of having any sort of pressure from the International Monetary Fund (IMF) which has resulted into cuts in the defence budget.* Shah Mehmood Qureshi, in his recent statement, clarified that the defence budget cut was ...

*ISLAMABAD – Adviser to Prime Minister on Finance Hafeez Shaikh has lauded the leadership of the armed forces limiting their budget and contributing towards government’s drive of managing expenditures, reducing fiscal deficit and achieving economic stability.* In a tweet on Wednesday, he ...

Eminent analysts have welcomed the Pakistan Army's decision of voluntary reduction in defence budget in next fiscal year. Talking in a program of Voice of America, Lt. General (Retired) Talat Masood said that it is appreciable move by Pak-Army to introduce voluntary cuts in their defense budget. He ...