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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 modern history of the Pakistan Army dates back to the formation of Pakistan in 1947, following the partition of the India subcontinent. [1] The army was initially formed as a professional land force by inheriting the assets and personnel of the British Indian Army, with its first commander-in-chief, Frank Messervy.
The Pakistan Navy Submarine Force was established on 1 June 1964, making it one of the earliest submarine forces in South Asia. [ 1 ] [ 2 ] The creation of the Submarine Force is attributed to vice admiral Afzal Rahman Khan , who was the naval commander-in-chief at the time and played a central role in its development. [ 3 ]
Hovercraft are mostly used by Pakistan navy marines & SSG(N). Pakistan is using British origin Griffon 8100TD & Griffon 2000 TD type of hovercraft. Chaser TM-1226 class Rapid response boat 30 Poland: Pak Navy is using the Chaser TM-1226 Rigid Inflatable Boats (RIB) for its Special Services Group Navy (SSGN) commandos. [41] [42] Indigenous Gun Boats
The Pakistan Navy (PN) (Urdu: پاکستان بحریہ; romanized: Pākistān Bahrí'a; pronounced [ˈpaːkɪstaːn baɦɽia]) is the naval warfare branch of the Pakistan Armed Forces. The Chief of the Naval Staff, a four-star admiral, commands the navy and is a member of the Joint Chiefs of Staff Committee.
In March 1956, the order of precedence of the Pakistani military's three formal services changed from "Navy-Army-Air Force" to "Army-Navy-Air Force". [ 26 ] [ non-primary source needed ] Between 1947 and 1971, Pakistan fought three direct conventional wars against India , with the Indo-Pakistani War of 1971 witnessing the secession of East ...
The PSX Dividend 20 Index is a stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period. PSX Dividend 20 Index benchmark top 20 dividend paying companies at PSX based on the last 12-month dividend yield. [1] [2] [3] [4]
8 August – Arshad Nadeem clinches Pakistan's first Olympic track and field medal after winning gold at the men's javelin throw at the 2024 Summer Olympics in Paris. [ 100 ] 9 August – Three soldiers and four militants are killed in attacks on three army outposts in the Tirah Valley , Khyber Pakhtunkhwa, that are claimed by the Gul Bahadur ...