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Defence boost for Pakistan: PKR 100 billion military hike on cards in IMF-backed budget

May 16, 2026, 01:52 PM
Defence boost for Pakistan: PKR 100 billion military hike on cards in IMF-backed budget
Pakistan plans to increase its defense budget by PKR 100 billion for the next fiscal year, reaching an estimated PKR 2.665 trillion. This move aligns with an IMF-backed reform program projecting a significant rise in federal revenues to PKR 17.144 trillion. The government is also committed to digitizing payments and tackling corruption across institutions.

Source: times of india
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