ISLAMABAD: With the aim to continue fight against terror, the government has proposed 11 per cent increase in defence spending for the upcoming fiscal year.
The government allocated Rs860.1 billion for year 2016-17 compared with Rs775. 8 billion spent by the three armed forces in the outgoing fiscal year, showing an increase of Rs85 billion.
Out of the whole defence budget, Pakistan Army gets 47%, 20% goes to Pakistan Air Force, while Pakistan Navy’s share is around 10%, according to defence ministry officials.
The budget document reveals that out of the Rs860.1 billion, Rs327 billion have been set aside for employees-related expenses, Rs216.1 billion for operating expenses and Rs211.7 billion have been earmarked for physical assets.
However, the figures do not include Rs177.6 billion allocated for pensions of retired military personnel that would be given from the civilian budget and a separate allocation for the security-related expenses.
Additionally, military would also be given Rs192 billion under the contingent liability and Rs100 billion out 170 billion under the Coalition Support Fund (CSF).
