Pakistan: Extra Rs150 billions sanctioned above defence budget

ISLAMABAD: On top of the Rs495 billion officially-sanctioned defence budget, the government has allocated an additional Rs150 billion for the armed forces, almost half of which was billed under the Armed Forces Development Programme.

A senior official of the finance ministry, citing the ‘Budget-in-Brief’ document, said the total defence and security allocation comes to around Rs645 billion, which is almost 23.8 per cent of the total budget. In addition, Rs73.2 billion would be paid from civilian accounts on army pensions – a practice initiated by Musharraf in 2000. By adding the three allocations – stated budget, contingent liabilities and army pensions – the total allocations total Rs718 billion, almost 26 per cent of the total budget. ….

Read more » The Express Tribune

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