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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 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]
The emblem features wings, representing the Air Force; an anchor, representing the Navy; and crossed swords along with a crescent and star, representing the Army. [ 3 ] In March 2019, following the renaming of the DSG to the Defence Security Force (DSF), the shoulder titles and cap badges were redesigned and reorganized, though the specific ...
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 ...
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.
Youm-e-Takbir (Urdu: یومِ تکبیر, lit. "The Day of Greatness") is a national day celebrated in Pakistan on May 28 each year. It commemorates the Chagai-I and Chagai-II nuclear tests conducted by Pakistan in 1998. These tests made Pakistan the seventh country to possess nuclear weapons and the first Islamic-majority nation to do so. [8] [9]
The Naval Strategic Command is distributed among the Pakistan Navy's missile regiment and the air defense battalions of the Pakistan Marines, focusing on the southern border. [11] The Navy's strategic formation is largely viewed as second-line capabilities that complement the principal land-based systems operated by the Army Strategic Force ...
From 1947 till 1957, the British Army provided the crucial training support and education on military logistics its officers who were commissioned in the Army Service Corps.: 518 [9] [10] Since 1966, the Army Service Corps is now stationed in Nowshera along with its Army Service College that provides the necessary training and education and ...