Pakistani army
India-Pakistan War: After the Pahalgam attack, the impact of India’s strictness is clearly visible on Pakistan. After the cloud of war, he does not see anything about what to do? Every day its leaders are giving Ulul-Julul statements in the midst of nervousness, fear and restlessness, but they do not understand India’s havoc. Now the news is coming that Pakistan will increase its defense budget by 18 percent. Defense experts say that this step of Pakistan is exactly the same as preparing to dig a well when thirsty. Now what is the benefit of Pakistan will get by increasing the Raksha Budget.
Preparation to increase Rs 2,500 billion
According to information received from media reports on Tuesday, Pakistan’s coalition government is preparing to increase the defense spending by 18 percent to more than Rs 2,500 billion due to tension with India. The government is preparing to present a budget of 2025-26 in the first week of June before the new financial year starting from July 1. The tension between India and Pakistan has increased since the terrorist attack on 22 April in Pahalgam, Jammu and Kashmir. 26 people were killed in this attack. According to the report of the newspaper ‘Express Tribune’, the party’s delegation led by Pakistan People’s Party (PPP) chief Bilawal Bhutto Zardari met Prime Minister Shahbaz Sharif and his economic team on Monday to discuss budget matters.
Increase in defense budget after increased tension from India
The Pakistan Muslim League-Nawaz (PML-N)-headed government shared a new budget structure of about Rs 17,500 billion with its leading colleague PPP, which has agreed to increase the defense expenditure by 18 percent. The newspaper quoted sources as saying that due to recently increased tension with India, it has been agreed to increase the defense budget between PML-N and PPP. He said that in view of the current security threats, the PPP supported the proposal to increase the defense budget by 18 percent to more than Rs 2,500 billion.
In the current financial year (2024-25), the government allocated Rs 2,122 billion for defense spending, which is 14.98 percent more than Rs 1,804 billion placed in the budget for the previous financial year (2023-24). The second largest component of the annual expenditure is the cost of the defense sector after the loan payment. In the current year, Rs 9,700 billion allocated for loan payment is the country’s largest expenditure.
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