Pakistan Govt. proposes 15.5% increase in defence budget
The Pakistan government has proposed a 15.5% increase in the defence budget for the current fiscal, making up about 1.7 per cent of the Gross Domestic Product (GDP). The defence spending in 2022-23 was around 2% of the country’s GDP, the size of which has grown due to the rebasing of the economy. Noteworthy that…