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The high defense spending has sparked debates about its impact on Pakistan’s socio-economic growth. [3] Critics argue that the military budget takes a significant portion of the federal budget and results in economic inequality in Pakistan. [9] [10] [11] The transparency of Pakistan's military expenditure has been criticized.
Pakistan Military Accounts Department (PMAD) is an attached department of the Ministry of Defence. It is primarily responsible for making payments to the armed forces, maintaining its accounts and providing financial advice to the defense authorities.
The Special Investment Facilitation Council (SIFC) is a Federal government body and Investment Promotion Agency constituted under the Prime Minister of Pakistan, (Incumbent, Shehbaz Sharif). The SIFC was established on 20 June 2023 with the stated goal of acting as a "'single window' to facilitate investors, establish cooperation among all ...
The 2024–25 Pakistan Federal Budget is a financial statement of the government's estimated receipts and expenditures for the fiscal year that runs from 1 July 2024 to 30 June 2025. [ 1 ] [ 2 ] On 12 June 2024, finance minister Muhammad Aurangzeb presented the federal budget with a total outlay of Rs18.877 trillion. [ 3 ]
The possibility of a political stalemate in Pakistan leading to delays in both reforms and crucial foreign funding has sparked a selloff in its international bonds and fuelled analysts' fears of ...
The results of the by-elections in the National Assembly. The 2024 Pakistani by-elections were held on 21 April 2024 to fill 21 vacant seats in National and Provincial Assemblies. The elections were characterized by extensive security measures, including the deployment of Pakistan Army and Civil Armed Forces.
Independent candidates affiliated with jailed Pakistani political leader Imran Khan’s Tehreek E Insaaf (PTI) party won the most National Assembly seats in Pakistan’s general election ...
[citation needed] Commissioned in 1956 with help from US Army Special Forces, the Pakistan Army's Special Services Group (SSG) is an elite special operations division; its training and nature of operations are roughly equivalent to British Special Air Service (SAS) and US Army Special Forces and Delta Force.