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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 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 ]
2023–24 Punjab, Pakistan budget; 2023–24 Sindh budget; 2024–25 Khyber Pakhtunkhwa budget; ... Military budget of Pakistan; N. National debt of Pakistan; P.
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 ...
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 budget included funding for a number of development initiatives to increase the nation's economic growth rate. The original outlays for the PDSP being estimated at Rs. 2.66 trillion for the development programme, which included a Rs 950 billion federal Public Sector Development Programme (PSDP), that was approved by the Annual Plan Coordination Committee (APCC). [5]
Pakistan's government will hope to find a balance between reforms to satisfy the International Monetary Fund and measures to win over voters in an imminent election in its budget for the 2023-24 ...
After the success of its major projects in the defence industry, the Defence Export Promotion Organization (DEPO) was created to promote Pakistani defence equipment to the world by hosting the International Defence Exhibition and Seminar (IDEAS), which is held biennially at the Karachi expo center. Pakistan's defence exports were reportedly ...