Defence expenditure takes only 3pc of GDP: Dr Ishrat Husain

[Kabira]

I think PTI should print money ..it seems it worked for PML N

https://www.facebook.com/

PTI is printing more then N ever did.

 

[ziaulislam]

PTI is printing more then N ever did.

Its easy you can check parameters like fiscal deficit and monetry policies ..

how can you print money if you are hiking interest rate ??...
You donot have any idea what i am talking about !?

PTI needs to add basic economics in 8,9,10 grade like other developed countries

They should teach how money actually works..otherwise even educated people will talk stupid..

 

[H!TchHiker]

PML N was in Federal Government as well as Baluchistan so yes they are responsible for most of the mess when specially your sitting PM and CM of a province were busy taking bribes for K electric and other stuff. And we don't spend 30 % of our Tax money on Defence. Problem is one section who has habbit of keep lying about Army budget continues to do so.

Bribe ?Do you know that deal never went through and same guy connecting a deal is now in PTI economic council ..Some businessmen have permanent links to permanent rulers of Pakistan that will be in every government....Around 19% to 20 % of all the government expenditure goes to military..FYI around 260 Billion in lieu of pension to PA guys is paid by civilian budget..This all belt tightening of budget away fell on civilians ...

 

[ziaulislam]

Bribe ?Do you know that deal never went through and same guy connecting a deal is now in PTI economic council ..Some businessmen have permanent links to permanent rulers of Pakistan that will be in every government

Yeah he is in economic council because he is well known oerson in stock..and yeah he probably paid the money as the deal was hung given sharifs asking for money

And yes he should be removed..but are we going to punish the people whi are been firced to oay the bribes and praise the People who are asking for them?

Those who are saying stock stock...should listen to whats the ral proble...CAD is killing the market confidence

 

[Peaceful Civilian]

We should increase defense budget, this is nothing or wear bangles.

 

[H!TchHiker]

Yeah he is in economic council because he is well known oerson in stock..and yeah he probably paid the money as the deal was hung given sharifs asking for money

And yes he should be removed..but are we going to punish the people whi are been firced to oay the bribes and praise the People who are asking for them?

No we should punish both..This guy was failure .....file for bankruptcy in UAE...was in PPP, then PML-N now in PTI..No, the government was changed and we should see now if KE is taken over by Shangai it means he has paid to someone in PTI..FYI he paid Millions in dollar to finance PTI campaign...And NO, they were not forced to "Bribe" These Abraj guys have habit of misusing there funds and offer bribes....Most of the corporate guys in Pakistan are white color criminals..Be it Jahangir tarren or "Siath Razak dawood" karta dharta of our current government in industry and other things..PML-N have its own crooks and so do the PTI

Yeah he is in economic council because he is well known oerson in stock..and yeah he probably paid the money as the deal was hung given sharifs asking for money

And yes he should be removed..but are we going to punish the people whi are been firced to oay the bribes and praise the People who are asking for them?

Those who are saying stock stock...should listen to whats the ral proble...CAD is killing the market confidence

No, brokers were killing it after meeting with SECP and revenue minister stock is up continuously from last 3 days since minister agree not to peruse Anti-Money laundering charges against brokers( more than 20 brokers names were included)...CAD was just one part of downfall..

 

[Talwar e Pakistan]

Well 3% of GDP is around 20% of the total revenue that Pakistan earns every year.
Add in another 1% for the cost of nuclear weapons that I believe is separate to defence budget.
Then there is 5% of GDP just for debt servicing.

Defence and debt servicing means less than half of the revenue that Pakistan earns can be spent on actual development activities like infrastructure, education, health etc.

Majority of this money goes back to the economy.

 

[jamal18]

We have to increase the defense budget to ensure the safety and security of country. So, Instead of talking about %of GDP spent on defense, Doc and team should focus on plugging the leakages and increase tax base to double the Government revenues.

An essential part of 'defense' is a powerful industry/economy. Diverting resources from economic growth to defens ensures low growth and a weaker economy.

 

[Talwar e Pakistan]

We should increase defense budget, this is nothing or wear bangles.

The Army has many multi-billion dollar companies that is used to help fund the military.

 

[UKBengali]

Majority of this money goes back to the economy.

All Soviet defence expenditures went back into their economy and they went bankrupt as they could not support their military.
Pakistan has to either cut defence spending or raise revenue to GDP ratio as otherwise it will not increase growth.

 

[Sugarcane]

An essential part of 'defense' is a powerful industry/economy. Diverting resources from economic growth to defens ensures low growth and a weaker economy.

You can't achieve the secure environment essential for business and economic growth without spending on defense and security, both are interlinked. You can't undermine one for other unless you are one of those who want to become underdog of Hindustan like other regional countries.

 

[jamal18]

You can't achieve the secure environment essential for business and economic growth without spending on defense and security, both are interlinked. You can't undermine one for other unless you are one of those who want to become underdog of Hindustan like other regional countries.

There was a secure enviroment from 1971 until we started Kargil.

It is a myth that the Idians will attack tomorrow morning and rape all our women, so we have to mortgage our country for the next batch of F-16's or submarines.

This has made our economy, and ultimately our defence weaker.

 

[Sugarcane]

There was a secure enviroment from 1971 until we started Kargil.

It is a myth that the Idians will attack tomorrow morning and rape all our women, so we have to mortgage our country for the next batch of F-16's or submarines.

This has made our economy, and ultimately our defence weaker.

It's only fools who believe in this fairy tails, We have been under hammer since 1947 non-stop. Surjeet Singh and company weren't captured for distributing moti choor k ladoo in 80s and 90s

 

[Thorough Pro]

They are trying to shit dollars but are not succeeding.
On a serious note, if countries economy could be fixed in two months there would be no poor countries in the world.
What did the previous two government achieved in 5 years? they more than doubled the loans.
Or may be you can suggest what they should have done?

LOL 2 months have passes but circular debt is increasing more then ever. What PTI have done to stop theft? Army do spend 30% of tax revenues on defence.

 

[Kabira]

80% of Defense budget is salaries which goes back to the economy.

Need to reduce army personal by 50% and instead spend on airforce. ndia with S-400 have made our army sitting duck.