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

[Maarkhoor]

Pakistani Finance Minister Miftah Ismail set aside 1.1 trillion for the defence budget, increasing it by about 20 percent from the 920 million that the government had budgeted for the military to spend.

http://zeenews.india.com/world/paki...-its-budget-for-next-fiscal-year-2103572.html

 

[volatile]

Add another 250 to 300 Billion for pensions (Majorly for Armed forces retirees) also Add Rangers 150 Billion in name of security from KPK,Karachi and Baluchistan

https://www.dawn.com/news/1404209

PSDP
The size of the FY18-19 PSDP has been estimated to be Rs1,650bn, of which Rs850bn has been allocated to the provinces, while Rs800bn has been allocated to the federal government.

According to the Budget Speech 18-19 document, "Additional resources of Rs230bn [in the PSDP] will be financed through autonomous organisations, public-private partnerships, and other means. Investments in the water, road infrastructure, electricity sectors and the China-Pakistan Economic Corridor (CPEC) will be protected."

Under the PSDP, Rs47bn has been allocated to the Higher Education Commission, Rs37bn for basic health and Rs10bn for the PM's Youth Programme.

Development expenditure outside the PSDP has been estimated at Rs180.2bn for FY18-19, which is 18.4pc higher than FY17-18 estimates.

Real pain is to see PSDP going down ,If we wanted to sustain growth PSDP has to be pushed up

 

[Crystal-Clear]

good . we should buy S-400 to prevent any syria like strikes

 

[CHI RULES]

good . we should buy S-400 to prevent any syria like strikes

When fairly large number of missiles are fired on a target it can't be defended. The best strategy is to get both defensive and offensive capabilities. Syria has SAMS but they cannot be considered modern meanwhile they don't have offensive capabilities.

 

[alibaz]

Pakistani Finance Minister Miftah Ismail set aside 1.1 trillion for the defence budget, increasing it by about 20 percent from the 920 million that the government had budgeted for the military to spend.

http://zeenews.india.com/world/paki...-its-budget-for-next-fiscal-year-2103572.html

20 % increase means nothing, in fact reduction. Dollar has already depreciated by by 20% from 100 to 119 during last financial year.

Add another 250 to 300 Billion for pensions (Majorly for Armed forces retirees) also Add Rangers 150 Billion in name of security from KPK,Karachi and Baluchistan

https://www.dawn.com/news/1404209

View attachment 469945

PSDP
The size of the FY18-19 PSDP has been estimated to be Rs1,650bn, of which Rs850bn has been allocated to the provinces, while Rs800bn has been allocated to the federal government.

According to the Budget Speech 18-19 document, "Additional resources of Rs230bn [in the PSDP] will be financed through autonomous organisations, public-private partnerships, and other means. Investments in the water, road infrastructure, electricity sectors and the China-Pakistan Economic Corridor (CPEC) will be protected."

Under the PSDP, Rs47bn has been allocated to the Higher Education Commission, Rs37bn for basic health and Rs10bn for the PM's Youth Programme.

Development expenditure outside the PSDP has been estimated at Rs180.2bn for FY18-19, which is 18.4pc higher than FY17-18 estimates.

Real pain is to see PSDP going down ,If we wanted to sustain growth PSDP has to be pushed up

Real pain is that it is neither spent completely nor honestly and goes in to the pockets and coffers abroad.
I believe government shall give detail of last year PSDP spending and status of funded projects.

 

[Men in Green]

Slowly marching towards marshal law. ISA howa to I’m leaving this country for good .

Please leave fast and never come back btch,

 

[.]

Please leave fast and never come back btch,

HaahahahhahahaahhahahahbabhahaBahahha lol.
Done deal :p

 

[Skull and Bones]

Congratulations.

 

[volatile]

Real pain is that it is neither spent completely nor honestly and goes in to the pockets and coffers abroad.
I believe government shall give detail of last year PSDP spending and status of funded projects.

They did and its all available on planning commission website with PSDP complete costing and project ,How ever for Defence budget similar audit is also required

 

[Crystal-Clear]

Slowly marching towards marshal law. ISA howa to I’m leaving this country for good .

good
leave asap .you may go to afgandistan

 

[alibaz]

They did and its all available on planning commission website with PSDP complete costing and project ,How ever for Defence budget similar audit is also required

These are just allocations as per declared program. How much was spent and what quantity was diverted into other heads. Anyways I have no issues with Defence budget making public except few classified projects and I think there is nothing else to hide.

 

[volatile]

These are just allocations as per declared program. How much was spent and what quantity was diverted into other heads. Anyways I have no issues with Defence budget making public except few classified projects and I think there is nothing else to hide.

Its not making public but AG has some responsibilities to check and Senate Committee for Arms has to allocate funds even with in defense budget on National and strategic
priority

 

[alibaz]

Its not making public but AG has some responsibilities to check and Senate Committee for Arms has to allocate funds even with in defense budget on National and strategic
priority

To counter AG we made private companies in Punjab. I believe Senate Committee does its job for all defence procurements.

 

[Imran Khan]

Slowly marching towards marshal law. ISA howa to I’m leaving this country for good .

 

[volatile]

To counter AG we made private companies in Punjab. I believe Senate Committee does its job for all defence procurements.

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.