Pakistan

Defence budget increased by Rs105b

Express May 21, 2010

ISLAMABAD: No surprise was felt on Friday when the Defence share was increased by Rs105 billion in the upcoming budget.

Federal Advisor for Finance, Abdul Hafeez Sheikh said Defence budget of the country will be increased by Rs105billion in the upcoming budget.

He made this announcement while giving a briefing on the federal budget of 2010-11 to the National Assembly's Standing Committee on Finance.

Moreover, as announced by the NFC award, Rs1036 billion will be distributed among the provinces while another Rs5 billion have been fixed for health.

The energy sector will also be alotted a subsidy of Rs127 billion.

Meanwhile sources confirmed that a salary raise of government employees is also on the cards, with Rs40 billion allocated for this purpose.

According to sources, the new fiscal year's tax collecting target has been set at Rs170 billion.

COMMENTS (3)

Altaf Hussain | 14 years ago | Reply No Surprised with DEFENCE BUDGET in third world where every country encouraged and instigate their barbarian militarises to kill their own citizens with the TAX money. What a shame, A Country don't have properly health system, no Basic EDUCATION for their citizens, No clear drinking water for the 70 percent population and no security for the employment but still 75 percent BUDGET goes to "Defence". "every Country has Army but Army has Pakistan" Down down third world policies against their CITIZENS. KARAKORUM STUDENTS ORGANISATION (KSO)

Nadir El Edroos | 14 years ago | Reply Will the citizens of Pakistan who are going to pay for this get any elaboration on where this money is going? Because apparently most of our expenses for military activities in FATA and Swat are paid for by the Coalition Support Fund (most of it atleast) So where is this Rs. 105 billion going? Or are we going to get another one-liner?

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