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Defence budget

Myth number 1: Pakistan’s defence budget takes away a major chunk of the total budgetary resources. Not true. In Budget 2021-22, ‘Defence Services’ has been allocated Rs1,370 billion out of…

Defence budget

Myth number 1: The defence budget eats up the lion’s share of our total budgetary expenses. Not true. In Budget 2020-21, ‘Defense Affairs and Services’ has been allocated Rs1,289 billion…

The Defence Budget

The defence budget

We are in the midst of a hybrid war which is the ‘synchronised use of multiple instruments of power tailored to specific vulnerabilities across the full spectrum of societal functions…

The Defence Budget

The defence budget

Myth number 1: Pakistan has a large military. Not true. There are at least 64 countries in the world that have more military personnel on a per capita basis than…

Defence Budget

Defence budget

Myth 1: Our defence budget eats up the lion’s share of the total budgetary outlay. Fact: The total outlay of Budget 2016-17 is Rs4,897 billion of which ‘Defence Affairs and…

Defence Budget

Defence budget

Capital suggestion Myth 1: The allocation for defence is the single largest component in our budget. Not true. The single largest allocation in Budget 2013-14 went to the Public Sector…

The Defence Budget

The defence budget

One of the most scrutinised and commented upon items in the budget is the allocation for defence spending. Depending on the ideological leanings of those doing the commentary, the number…

Dead end budget

DOES anyone even take the finance ministry seriously anymore? With each passing year, this question becomes less and less rhetorical, as our notionally sovereign economy turns into a plaything of…

Budget and parliament

IN Pakistan, this time of the year is a regular reminder of how farcical the role of parliament has become when it comes to ensuring that the annual budget reflects…

Budget repair

THE federal budget for fiscal year (FY) ‘24 will be presented against a complex domestic environment and a challenging global economy. There has never been a more critical time to…