Pakistan in panic mode as India’s Operation Sindoor 2.0 may…, Asim Munir and Shehbaz Sharif have allocated 50 billion rupees for…
The Shehbaz Sharif government has cleared a 50-billion rupees supplementary budget for the armed forces of Pakistan.
Islamabad: At a time when the country is struggling with debt repayments and rising poverty, the Shahbaz Sharif government has approved its largest defence outlay in a decade. Pakistan’s worsening economic crisis has not stopped the Shehbaz Sharif government from sharply boosting military spending, underscoring the growing influence of Army Chief Asim Munir.
In the recent development, the government has cleared a 50-billion rupees supplementary budget for the armed forces, saying the money will strengthen security along international borders, naval bases, and the China-Pakistan Economic Corridor (CPEC). Reader should note this amount is in addition to the 2.55 trillion rupees already allocated for defence this fiscal year, as well as 1 trillion rupees set aside for military pensions, analysts noted.
Shehbaz Sharif government’s allocation to army
Of the new 50-billion rupees allocation, only 11 billion rupees will go to the Navy, with most of the funds expected to benefit Asim Munir’s Army. The decision was made by the Cabinet’s Economic Coordination Committee, chaired by Finance Minister Muhammad Aurangzeb, which said the amount would support defence projects.
Pakistan allocates 19 billion rupees rupees for Special Security Division
Pakistan has also set aside 19 billion rupees for the Special Security Division guarding Chinese interests in Balochistan under CPEC, and ₹2 billion for fencing its borders with Iran and Afghanistan amid rising tensions with the Taliban. Additionally, 11 billion rupees will upgrade two Navy bases, while the Air Force which failed in Operation Sindoor will receive 150 million. The spending reflects Pakistan’s heightened security concerns, including its fear of the India(BHARAT)n Navy.
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