What's new

Pakistan announces big hike in military spending in its Budget for next fiscal year

https://tribune.com.pk/story/183244...egularities-surface-in-armed-forces-accounts/
That was one time done in 2011
Unjustified expenditure: Major irregularities surface in armed forces’ accounts

According to the Audit Report 2011 on accounts of defence services, irregularities occurred due to negligence, ineffective internal controls, embezzlement and misuse of authority by officers of the armed forces.

Around 330 contract agreements were concluded from 2008 to 2010 without following the procedure laid down in the Public Procurement Rules 2004, the auditors observed.

Irregularities do happen (which sould not), irregularities are addressed and resolved according to rules. Your own quoted statement ends with auditors observed, if observed means audited and your concern addressed.
 
Last edited:
.
Irregularities do happen (which sould not), irregularities are addressed and resolved according to rules. Your own quoted statement ends with auditors observed, if observed means audited and your concern addressed.
There are no audit and i guess after that AG was able to retain his position or not ,Auditors can only gives observation they cant shoot people over corruption
 
.
In terms of dollars by today's rate, $1 = Rs.118, how much was the defence budget last year in dollars and how much is it this year in dollars?

In terms of $ it an increase of 180.938 million only

upload_2018-4-30_2-45-17.png
 
. .
I hope every one understand standard currency of Pakistan is Rs not Dollars
 
.
THANK YOU!

$180 million is not a huge jump! :hitwall:
actually this $ 180 million is also superficial and speculative as PKR is suppose to fall further; some are speculating exchange rate of $1 = PKR +125 till this June which will not only decrease the defence budget but would hit the GDP growth figures for 2017-2018 as well
 
.
There are no audit and i guess after that AG was able to retain his position or not ,Auditors can only gives observation they cant shoot people over corruption
Irregularity doesn't mean corruption, these are violation of regulations which may or may not result into corruption.
There is a department of Ministry of Defence known as Military Accountant General and mind you he is a civilian not a General and Ministry of Defence is audited by AG.
http://www.pmad.gov.pk/
Once auditors raise objections there are really a pain somewhere and few of them are only resolved in committee headed by leader of opposition.
Yes few democrats did try to avoid AG by forming at least 56 private companies headed by blue eyed bureaucrats

In terms of $ it an increase of 180.938 million only

View attachment 470471
it was Rs 103 in July 2017 not Rs 107 against a dollar
https://www.poundsterlinglive.com/b...o-pakistani-rupee-exchange-rate-on-2017-07-01
 
Last edited:
.
Irregularity doesn't mean corruption, these are violation of regulations which may or may not result into corruption.
There is a department of Ministry of Defence known as Military Auditor General and mind you he is a civilian not a General and Ministry of Defence is audited by AG.
Once auditors raise objections there are really a pain somewhere and few of them are only resolved in committee headed by leader of opposition.
Yes few democrats did try to avoid AG by forming at least 56 private companies headed by blue eyed bureaucrats
Sir i wish you have not said what you have said allow me to share minor examples ,(still doesn't mean that all are corrupt but big fish makes big bucks)

17 years on, NAB reopens case against three ex-army generals
https://www.dawn.com/news/1390710
A spotlight on the Pakistani military's corruption
http://www.dw.com/en/a-spotlight-on-the-pakistani-militarys-corruption/a-19207488
https://www.theguardian.com/world/2...rmy-housing-ventures-corruption-investigation
Pakistan army's housing ventures face corruption investigation

https://www.thenews.com.pk/print/14...corruption-ofbillions-by-Kamran-Kayani-others
ISLAMABAD: Former naval chief indicted in $3.369m kickbacks case
PAF allowed to reopen graft cases against retired officers

https://defence.pk/pdf/threads/paf-...new-aircraft-for-30-years-open-a-case.496149/
http://indianexpress.com/article/india/india-others/expaf-chief-accuses-musharraf-of-corruption/

20 years on, Ojhri Camp truth remains locked up

https://www.belfercenter.org/public...us-taxpayers-have-funded-pakistani-corruption





 
.
. .
plz read the table once again I am have explicitly mention average exchange rate from official source ....
Sir no real contest with your statement but my point is once budget is announced allocations are based on existing rates. Who knows we go so honest and stop corruption that dollar falls down to Rupee a dollar then it will be a great rise:haha:.
 
.
but my point is once budget is announced allocations are based on existing rates.
yaap but keep in mind not all the funds are made available at once but in tranches so exchange rate in July (beginning of fiscal year) would not be applicable for the tranches issued during third or in fourth quarter of the fiscal year due to depreciation of PKR
 
.
yaap but keep in mind not all the funds are made available at once but in tranches so exchange rate in July (beginning of fiscal year) would not be applicable for the tranches issued during third or in fourth quarter of the fiscal year due to depreciation of PKR
unfortunately we are expecting it to fall further down so once we will be able to calculate average rate of dollar in FY 2018-19 this 20% will not be a big difference.
 
. .
it makes sense , counter-terrorism spenidng reduce the incidence and lethality of terrorism since 2017 but we need to pay the price and that goes to any military-related expenditures. The military budget pays the salaries, training, and health care of uniformed and civilian personnel, maintains arms, equipment and facilities, funds operations, and develops and buys new items.
 
.

Latest posts

Country Latest Posts

Back
Top Bottom