The federal government on Friday proposed an 11.9 per cent increase in the defence budget despite the earlier announcement that military spending would remain unchanged in view of the grave economic situation compounded by the Covid-19 pandemic.
The budget document shows that the defence outlay for 2020-21 would be Rs1,289 billion as compared to Rs1,152 billion earmarked for the ongoing fiscal year. The increase, however, is 5% if compared with the revised spending of Rs1,227 billion in 2019-20.Read More…
