Pak may up defence budget to Rs 582 billion

Fri, 15 April 2011

11:55

Pakistan plans to hike its defence budget by 18 per cent to Rs 582 billion during the upcoming fiscal year due to inflation and expenses on the war against terrorism, according to a media report.

The defence ministry has sent a proposal to the federal government for allocating Rs 582 billion for the defence budget for 2011-12.

The ministry sought the higher allocation after calculating inflation and expenditure in the fight against terrorism, the Business Recorder daily quoted its sources as saying.

The outlay for defence during the current financial year was Rs 442 billion.

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