PM Nawaz Sharif raises Pakistan's defence budget 15 per cent

Discussion in 'Pakistan' started by ladder, Jun 13, 2013.

  1. ladder

    ladder Senior Member Senior Member

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    PM Nawaz Sharif raises Pakistan's defence budget 15 per cent - Indian Express
     
    Last edited: Jun 13, 2013
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  3. arnabmit

    arnabmit Homo Communis Indus Senior Member

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    Kutto ki lash se nikala hua ghee me tala hua gadhe ka gosht jo naseeb hota tha, ab wo bhi naseeb nehi hoga... Only grass, grass & grass!!!
     
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  4. ladder

    ladder Senior Member Senior Member

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    15% hike is huge considering that their economy will grow at rate of 3.5% this year and 4.5% the next.

    But Pakistani armed forces have a large unofficial funding and it is not known whether it is increased or not.
    Also, the military aid they receive constitute a large portion of their military spending.

    The CT-COIN operation are draining them a lot and if they don't receive favorable grant from Uncle Sam then the 15% increase cannot compensate for the costs incurred.
     
  5. sob

    sob Moderator Moderator

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    15% is only for the allocated defence budget. A massive sum has been allocated for the Defence Production Division in the Public Sector Development Programme for 2013-14. This indirectly means that acquisition of home made/assembled equipment like the JF 17 will be covered under this.

    It is also worthwhile to note that significant sums have been targeted for improving the efficiency of the Naval Port and this has been kept out of the Defence Budget.

    So all in all the hike is significantly more than 15%.

    Is it a peace offering from the new PM to the GHQ Rawalpindi.
     
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  6. ladder

    ladder Senior Member Senior Member

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    The figures mentioned for Defense production Division and Public Sector Development program is in million PKR .
    Which comes around 2.3 and 3.5 billion PKR.
    Is this sum huge enough?

    But budget for Atomic Energy Commission is large.
     
    Last edited: Jun 13, 2013
  7. sob

    sob Moderator Moderator

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    On it's own it may not look very big, but this money is very specifically targeted at projects. A detailed look into the Pak budget I am sure will show more such nuggets which are conveniently hidden. We also do this in our budget.
     
  8. Ray

    Ray The Chairman Defence Professionals Moderator

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    That's too little!

    More he raises, the more Pakistan gets dependent on foreign nation donors and as it is Pakistan has been sold to the highest bidder!
     
  9. Blackwater

    Blackwater Veteran Member Veteran Member

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    No funds for PIA. Any ideas how much allotted to education and health ????


    on topic, 15% defence increaser is just eye wash for IMF and WB. Pak army can use wat ever funds they want
     
  10. rock127

    rock127 Maulana Rockullah Senior Member

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    Poor Pakis trying to match up India even if they had to eat grass.

    India should increase it as well at least 5 times in amount so the more they try to match us the more deeper they get into their pit.
     
  11. farhan_9909

    farhan_9909 Tihar Jail Banned

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    Because of the continue devalue of rupee from the past 5 years..Defence budget is struck at 6billions

    if the rupee value against dollar was still at 66.the budget would be closer to 10billions dollars.
     
  12. proud_indian

    proud_indian Regular Member

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    most of your military hardware is of chinese origin, can't u pay them in rupee?
     
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  13. Blackwater

    Blackwater Veteran Member Veteran Member

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    :rofl::rofl::rofl::rofl:

    good Q
     
  14. DivineHeretic

    DivineHeretic Senior Member Senior Member

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    To be fair, for a country at war with itself, and paranoid at the prospect of its 'Eternal Enemy', the Pakistani defence budget is remarkably restrained. Of course, no small part is due to the wrecked economy they've gifted themselves.

    But that apart, will the budgetary increase allow for the new expensive toys Rawalpindi wants (or needs)?

    The 36 J-10Bs (FC-20) that the PAF wants and the 6 AIP SSK Subs the PN wants tops their wishlist, both in terms of expense and need. And even with a 100% increase in defence budget, the Pakistan govt. will find it very difficult to buy them. Unless of course the Chinese deliver another softloan, which is an entirely different matter.

    As far an We, India, are concerned, the budget hike means no real enhancement in capability of the Pak tri services. Other than the JF-17, the SAAB and ZDK-03 AWE&C, the IL-78 midas, the F-22p, the A-100 MBRLs, there has been no other major induction in the last five years. And we already know what happened to the SAABs.

    The AF will need to find a replacement for the SAABs, and that will consume a good part of the PAF budget. We are already seeing the effects of this on the JF-17 BIIs (open to speculation though).

    The longer they stagnate on modernisation, the better for us.
     
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  15. datguy79

    datguy79 Regular Member

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    That number is astoundingly small. How much does a Pak soldier earn monthly?
     
  16. farhan_9909

    farhan_9909 Tihar Jail Banned

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    they are from development budgets.thanks to mushy
     
  17. farhan_9909

    farhan_9909 Tihar Jail Banned

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    Dr farooqi(i hope i have spelled it right) few days before on a talk show said..if the trade deficient is decreased as we see it is about to be decreased.and another bailout package from imf is obtained.the currency value against dollar will reverse back to 90-92pkr against a dollar onwards feb 2014.
     
  18. farhan_9909

    farhan_9909 Tihar Jail Banned

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    Pakistan informal GDP is just 10% less than the formal GDP

    imagine if pak adds the total informal GDP into formal.
     
  19. ladder

    ladder Senior Member Senior Member

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    How does your govt. address the trade deficit mentioned in your previous post?

    The parallel underground economy which runs in your country among other reason is because of bad economic policy and avoidance of paying taxes how does your govt. address that?
     
  20. sayareakd

    sayareakd Moderator Moderator

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    can you post figures of Pak Budget ? table of the figures would be great to understand what accounting they did.
     
  21. datguy79

    datguy79 Regular Member

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    Or people can start paying taxes, since that is feasible as opposed to trying to quell the underground market which is rampant in countries like Pakistan.
     

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