Economists point out myths and facts about Pakistan’s defence budget - News Summed Up

Economists point out myths and facts about Pakistan’s defence budget


–Govt to spend 17.7pc on defence-related activities in FY21–Army to get 47.6pc of the total defence budget of Rs1.28tr–Pakistan’s military expenditures on per capita basis are among lowest in the world; Israel spends $2,000 on a per capita basis while Pakistan spends $22LAHORE: Amid Leading economists of Pakistan have pointed out a number of myths and facts about Pakistan’s defence budget. “In budget 2020-21, ‘Defence Affairs and Services’ has been allocated Rs1,289 billion out of the total budgetary expenses of Rs7,295 billion. Saleem said that the second myth is that of the total defence budget, Pakistan Army takes away the lion’s share. Saleem pointed out the fifth myth is that Pakistan’s military expenditures are the highest in the world on a per capita basis. “Pakistan’s military expenditures on a per capita basis are actually one of the lowest on the face of the plant.


Source: Libya Today June 22, 2020 19:41 UTC



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