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As of 2024, Pakistan’s defense budget is 1.7 percent of its GDP. [4] This represents a decrease compared to previous years, with the defense spending in 2022-23 being around 2% of the country’s GDP. [5] Despite facing economic challenges, Pakistan continues to allocate a substantial portion of its budget to defense. [6]
The 2023–24 Pakistan federal budget was the Federal Budget implemented by the government of Pakistan for the fiscal year 2023–24. The revised budget was presented to Parliament on 25 June, 2023 after Finance Minister Ishaq Dar introduced new taxation measures and expenditure cuts. The budget was accepted the next day.
2020–21 Pakistan federal budget; 2021–22 Pakistan federal budget; 2022–23 Pakistan federal budget; 2023–24 Azad Jammu and Kashmir budget; 2023–24 Pakistan federal budget; 2023–24 Balochistan budget; 2023–24 Gilgit-Baltistan budget; 2023–24 Khyber Pakhtunkhwa budget; 2023–24 Punjab, Pakistan budget; 2023–24 Sindh budget; 2024 ...
Pakistan’s new coalition government presented its first budget in parliament on Wednesday, promising an increase of up to 25% in the salaries of government employees and setting an ambitious tax ...
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]
Pakistan's government is seen targeting a fiscal deficit of 7.7% of GDP for the 2023-24 fiscal year, a source told Reuters on Friday ahead of the finance minister's budget speech, much wider than ...
Main sources of Pakistan's primary energy supplies include Gas, Oil, Coal, Liquefied natural gas (LNG), and Hydroelectricity, with shares of 29%, 24%, 15%, 10%, and 11% respectively in 2022. Since coal mining began in the Thar desert and LNG imports from Qatar, Coal and imported LNG have increased their shares manyfold in just 5 years in the ...
A 2023 report by the United States Institute of Peace argues that China and Pakistan's military relationship has "advanced from an episodic partnership to a threshold alliance", Pakistan "increasingly sourced from China, especially the higher-end combat strike and power projection capabilities; and Pakistan continues to retire older U.S. and ...