Defence Budgets South Asia& China – Identifying National Objectives

A survey of defence budgets of China and major South Asian countries, India, Pakistan and Bangladesh for 2018 can facilitate identifying national goals and objectives. Chinese Premier Li Keqiang announced allocations for defence as part of the presentation of annual report of the government at the opening meeting of the first session of the 13th National People's Congress (NPC) on 05 March. The allocation of 1.11 trillion yuan ($175 billion) signified an increase of 8.1%. India’s Finance Minister Mr Arun Jaitley presented figures for the Defence Budget for 2018-19 on 01 February which for the services was Indian Rs 2,95,511.41 Crore  (US $ 46.1 Billion ). Pakistan’s defence expenditure for 2017-18 (July to June) is 7 percent higher than the previous year. The allocations were Pak Rs 920.2 billion ($8.78 billion). Bangladesh Minister of Finance allocated Taka 257.407 Billion (US $ 3.1 Billion) for defence in 2017-18. The Defence Budgets by themselves are mere numbers with huge differential between countries in South Asia as compared to China evident. Yet each country has allocated for defence based on perceived national goals and objectives in terms defence and security as well as fiscal capability to allocate resources for what essentially is considered as non development spending......................

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