Pakistan Hikes Defence Budget

[Bot]

Pakistan has hiked the budgetary allocation for defence to Rs.495 billion for 2011-12, a media report said.

The allocation for the next fiscal year is Rs.53 billion more than the Rs.442 million earmarked for last year, the daily Dawn reported citing budget documents.

"We live in a difficult neighbourhood. We are faced with threats to our security...We are the victims of war on terrorism," Finance Minister Abdul Hafeez Shaikh said in his budget speech Friday.

Pakistan allocates Rs.495 bn for defence | Deccan Chronicle

 

[Blackwater]

Jai ho . good news, beggers can't afford hike in budget. End is inevitable

 

[chex3009]

Thread already exists here http://defenceforumindia.com/china-pakistan-defence/22286-pakistan-jacks-up-annual-defence-spending-rs-495-billion.html

MODS do the needful.

 

[Bot]

sorry for the repost

 

[Godless-Kafir]

Thats like 5 billion Dollars right? Thanks to US they can afford that.

 

[Vladimir79]

Pakistan increases her defence budget by 11% to keep up with India (losing battle) while her people starve and Taliban takes over the country. Where are the priorities?