Pakistan Defence Budget 2017-18 - An Overview

Pakistan's defence expenditure for the financial year 2017-18 (July to June) is 7 percent higher than the previous year. The allocations were Rs 920.2 billion ($8.78 billion), the government announced in Budget 2017-18. The Pakistan Muslim League Nawaz (PML-N) government's total budget outlay for 2017-18, possibly its last year in power, was Rs 4.75trillion, out of which 19.36pc has been kept aside under the Defence Affairs and Services head. Pakistan Army will receive 47.5% of the budget (i.e. $4.17 billion), while the Pakistan Air Force (PAF) and Pakistan Navy will be provided with 20.5% ($1.8 billion) and 10.7% ($939.46 million), respectively as per Janes Intelligence Review.The remaining amount, 20.3% ($1.87 billion) will be allotted for defence production, which involves the procurement of arms, such as the JF-17 multi-role fighter, al-Khalid main battle tank (MBT) and others.…………….Please Log in or Subscribe to view full details…..

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