'Pakistan's defence spending lowest in region despite growing security threats'

Image
ANI Islamabad
Last Updated : May 20 2014 | 12:11 PM IST

Pakistan's defence budget is the lowest in the region, the defence committee was informed by the Ministry of Defence.

Despite its location in the red zone in terms of growing threats to its security, Pakistan's defence allocation, 5.7 billion dollars, is the lowest as compared to rising defence budget of India 37.256 billion dollars, China 115 billion dollars and Turkey 19.1 billion dollars.

According to Dawn News, the revelation was made by Additional Secretary Ministry of defence Air Vice Marshal Arshad Quddus during the committee meeting, which was specially called for the defence budget briefing.

He disclosed that all defence and defence production organisations get their funds from defence budget allocated by the federal government and approved by the Parliament.

He added that the Pakistan Army gets 48 percent of the whole defence budget while 20 percent goes to Pakistan Air force and Navy gets only 10 percent.

When asked about budget of Inter-Services Intelligence (ISI), the additional secretary said the country's premier intelligence agency also gets its money from the budget allocated for defence, the report added.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 20 2014 | 11:51 AM IST

Next Story