Search results
Results from the WOW.Com Content Network
The importance of CPEC to China is reflected in its inclusion in China's 13th five-year development plan. [282] [283] CPEC projects will provide China with an alternative route for energy supplies and a new trade route for Western China. Pakistan stands to gain from infrastructure upgrades and a more reliable energy supply. [284] [285]
The book is divided into ten chapters that discuss and evaluate the anticipated economic and geopolitical effects on the region. In addition, it investigates the role of CPEC in the future regional cooperation and integration of subnational regions such as Balochistan, Khyber Pakhtunkhwa (including the Federally Administered Tribal Areas), and Gilgit-Baltistan.
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.
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
According to data of the Pakistan Bureau of Statistics, the Special Investment Facilitation Council (SIFC) was responsible for boosting Pakistan’s exports by 10% (to $30.64 billion) in FY2024. [29] In October, Bloomberg reported that Pakistan's local government bonds in 2024 earned $875 million in overseas inflows, among the highest returns ...
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 ...
Pakistan’s parliament has approved a bill that will extend the terms of the country’s military heads from three years to five, in proceedings rushed by the ruling coalition government amid ...
Pakistan has also served as a conduit for China's influence in the Muslim world. China also has a consistent record of supporting Pakistan in regional issues. Pakistan's military depends heavily on Chinese armaments, and joint projects of both economic and militaristic importance are ongoing. China has supplied blueprints to support Pakistan's ...