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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 ]
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.
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 ...
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 embarked on its maiden lunar mission with the successful launch of the iCube Qamar (Moon). 8 May: Six militants are killed in separate military raids in Khyber Pakhtunkhwa. [55] A girls' school is damaged in a bomb attack in Shawa, Khyber Pakhtunkhwa, injuring a guard. [56] 9 May - Seven barbershop workers are killed by militants in ...
The Youm-e-Difa (English: Defence Day) – Pakistan's day in remembrance of fallen soldiers of the Indo-Pakistani war of 1965 – is observed on 6 September. [172] Memorial services are held in the presence of Pakistan's top military and civil officials. [173]
The Ministry of Defence (Urdu: وزارت دفاع; Transliteration: Wazarat-e-Difa) was created on 14 August 1947 from the partitioning of Ministry of Defence of India, with Prime Minister of Pakistan Liaquat Ali Khan taking the additional charge as first Minister of Defence.: 97 [7]