Pak Increases Defence Budget by 10-15%

[notorious_eagle]

Its only 15% of the total budget, what is the big deal about it? Want to divert money towards social sector, start by stopping the subsidies offered to the three white elephants (PIA, Pakistan Steel and Pakistan Railways). The subsidies offered to these three departments is more than what we spend on education and healthcare.

We are in the middle of a war right now, we have a neighbour on our East arming to the teeth. 15% of the budget on Defence is quite average compared to what other countries are spending on their Defence. Start implementing more efficiency and scrutiny on money that is spent on the social sector, instead of blaming the Army for all the ills.

 

[Jango]

I don't think people know that we are in the middle of a war right now.

BTW, how much has the total budget increased? That would give us a right indicator of increase in total budget to increase in defence budget.

 

[Argus Panoptes]

Its only 15% of the total budget, what is the big deal about it? Want to divert money towards social sector, start by stopping the subsidies offered to the three white elephants (PIA, Pakistan Steel and Pakistan Railways). The subsidies offered to these three departments is more than what we spend on education and healthcare.

We are in the middle of a war right now, we have a neighbour on our East arming to the teeth. 15% of the budget on Defence is quite average compared to what other countries are spending on their Defence. Start implementing more efficiency and scrutiny on money that is spent on the social sector, instead of blaming the Army for all the ills.

Here is the Defense to GDP expense ratio for various countries plotted as a color map:


DefenceGDPRatio by ArgusPanoptes007, on Flickr

 

[Edevelop]

PML-N hikes defence spending in new budget

The PML-N government Wednesday increased the defence allocation in its budget for fiscal 2013-14 to 627 billion rupees (around 6.32 billion US dollars), making nearly 15 per cent hike over the outlay for the current fiscal, which ends on June 30th.


The allocation for the three defence services amounted to 15.73 per cent of the federal budget of Rs 3.985 trillion for fiscal 2013-14. The powerful army got main share of the outlay with Rs 301.54 billion.


The air force was allocated Rs 131.18 billion while the outlay for the navy was Rs 62.80 billion. Further details, including allocations for weapons acquisition programmes, were not immediately available.


Official budget documents presented in parliament said a sum of Rs 627 billion had been allocated for the defence services for 2013-14, compared with Rs 545 billion (about 5.82 billion dollars) provided in the fiscal year ending on June 30.


The budget documents further showed that the new PML-N government had allocated Rs. 2300 million for the Defence Production Division in the Public Sector Development Programme for 2013-14.


Of this amount, Rs 2246.300 million has been allocated for installing a ship lift, transfer system and associated machinery and equipment to provide docking and repair facilities for surface ships, submarines and commercial vessels at Karachi port.


The government also earmarked Rs 3545.457 million for the projects of the Defence Division in the Public Sector Development Programme for 2013-14. According to the budget documents, Rs 3423.067 was allocated for ongoing schemes while Rs 122.390 was allocated for new schemes.


Among ongoing schemes, Rs 2447.600 million was allocated for a complex of the National Electronics Complex of Pakistan in Islamabad while Rs 800 million was allocated for the new Gwadar International Airport.


The government also allocated Rs 52,300 million for ongoing and new projects of the Pakistan Atomic Energy Commission in the Public Sector Development Programme. Out of this amount, Rs 26,138.00 million is the “foreign component” while Rs 26,162.000 million is in local currency, budget documents said.


Rs 45,352.40 million was earmarked for various ongoing projects of PAEC and Rs 76.163 million for upgrading the infrastructure of KINOPE in Karachi. Rs 377 million was allocated for the MPB-2 Shanawa uranium mining project in Karak and Rs 300 million for MPS-3 Taussa-2 uranium mining project in Dera Ghazi Khan.

PML-N hikes defence spending in new budget | NewsPakistan.PK

 

[cleverrider]

Its only 15% of the total budget, what is the big deal about it? Want to divert money towards social sector, start by stopping the subsidies offered to the three white elephants (PIA, Pakistan Steel and Pakistan Railways). The subsidies offered to these three departments is more than what we spend on education and healthcare.

We are in the middle of a war right now, we have a neighbour on our East arming to the teeth. 15% of the budget on Defence is quite average compared to what other countries are spending on their Defence. Start implementing more efficiency and scrutiny on money that is spent on the social sector, instead of blaming the Army for all the ills.

Agree with you! This war could have been prevented, all this crap links back to ARMY. What have they achieved since independence? Nothing! what have the learned since Independence?Nothing! Have they harmed Pakistan in the past and its future? Yes in many ways. Border with India is controlled by the Indian army, border with Afghanistan is control by TTP or tribals. what does Pakistan army do or have done, Stay "indoors" and pick the best and expensive locations to build and live and pay out from.... you know where.

Yes Pakistan army is in a war and cleaning the mess, they created and finally someone gave the a proper danda i bet now they are more scared from Taloobbs then india but who is suffering (poor soldiers) i want the 1% to suffer. The world is right big mess and pakistani 1% are no different then worlds 1%. SAME SAME humans. what Pakistan needs to do is educate their population about the harm all these people have caused to Pakistan and make them pay/learn and move on and voice that this SH*T wont be tolerated.

 

[joekrish]

Looks like they were serious about eating grass.

 

[Ayush]

Congrats. .

 

[HRK]

Increase Defence budget ? great job Nawaz Shareef ......

This new government show their seriousness for pakistan economy by this move.

Good for army and fan boys, Bad for Pakistan.

Stop making nuclear bombs, need to divert this money for other projects!!!

Only 131.389 billion are allocated for physical assets out of 627.226 billion which will be use for maintenance and services of physical assets this amount is equivalent to around 1.33 billion USD @98.5472 (official conversion rate dated 12-06-13 ) so no new purchase or development in defence sector it is just that needed amount to keep our defence forces in workable conditions, but as it has become fashion to curse arm forces, people are doing the same without even going through the budget allocation.

What if I tell you people that this time PSDP is increased 50% and total Development budget increase 33% and the total development budget is 1.327 trillion which more than the double of defence budget……….its pity to see people stereotyping same old myths again and again................

http://www.finance.gov.pk/budget/Budget_in_Brief_2013_14.pdf

 

[Invincible INDIAN]

Congrats!!! Now pakistan can work with new enthusiasm to overtake France in nuclear warheads...

 

[HRK]

I don't think people know that we are in the middle of a war right now.

BTW, how much has the total budget increased? That would give us a right indicator of increase in total budget to increase in defence budget.

Total increase of federal budget 2013-2014 as compare to 2012-2013 is 24.4%

 

[HRK]

Congrats!!! Now pakistan can work with new enthusiasm to overtake France in nuclear warheads...

The expenditure on General Public Services is estimated at Rs 2,357 billion which is 73.8% of the current expenditure.

http://www.finance.gov.pk/budget/Budget_in_Brief_2013_14.pdf

Ignorance is blessing indeed.........

 

[Cyberian]

Wait till they revise the defence budget, another Rs. 100 billion will be added to it. Akhir, General Ashfaq Pervez Kayani is retiring this year and he will be getting his pension of around Rs. 350 million. Allahu Alam.

 

[Jango]

Total increase of federal budget 2013-2014 as compare to 2012-2013 is 24.4%

So the actual increase in defence budget is...? 9%?

 

[HRK]

So the actual increase in defence budget is...? 9%?

if ask me it decline in real terms......

 

[Invincible INDIAN]

Ignorance is blessing indeed.........

Finding it difficult to sustain with praise too? huhh