Pakistan, which already has an overall debt of USD 274 billion, raised its defence budget by 20%. The massive hike from the previous budget comes even as Pakistan has cut its overall budget by 6.9%.

New Delhi: Pakistan, which has an overall debt of USD 274 billion, Tuesday raised its defence budget by a whopping 20 percent even as it cut its overall budget by 7 percent. In the new budget, the ...

ISLAMABAD (AP) — Pakistan Tuesday hiked defense spending by 20% following last month’s deadly conflict with India. The government of Prime Minister Shehbaz Sharif announced the increase as part of the ...

ISLAMABAD (Reuters) -Pakistan will raise defence spending by a steep 20% after a military clash with its old enemy India last month, but will slash overall federal expenditure for fiscal 2025-26 by a ...

On June 10, Pakistan unveiled its first-ever fully climate-tagged federal budget, sparking debate in policy and civil society circles. While many experts hailed it as a progressive step toward ...

Pakistan Government has approved PKRs 50 billion supplementary Budget for the armed forces to strengthen security at international borders, upgrade naval bases, and continue protecting the ...

IMF reports massive tax evasion, corruption and urges Pakistan to raise taxpayers to 15m, end exemptions and document the economy.

(Reuters) -The International Monetary Fund expressed deep condolences on Saturday for the loss of life caused by Pakistan's devastating floods and said its upcoming Extended Fund Facility review ...