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Budgetary allocation for Pak defence likely to be increased.

Islamabad, May 10 (ANI): The budgetary allocation for the Pakistan armed forces is likely to be increased to 495 billion rupees for fiscal 2011-2012, official sources have revealed.

The allocation is 11.7 percent higher than the previous fiscal but fails to meet the demand of 586 billion rupees.

According to The Daily Times, the budgetary allocation could not be stepped up further due to financial constraints faced by the country.

The sources have also informed that besides budgetary allocation, defence would also be provided an additional allocation under the Armed Forces Development Plan, amounting to 120 billion annually. (ANI)

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Publication:Asian News International
Date:May 10, 2011
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