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Pakistan plans to hike its defence budget by 18 per cent to Rs. 582 billion during the upcoming fiscal year, according to a media report today.
The Defence Ministry has sent a proposal to the federal government for allocating Rs. 582 billion for the defence budget for 2011-12.
The outlay for defence during the current financial year was Rs. 442 billion.
The Defence Ministry has sought Rs. 127 billion for the “progress and security” of the atomic programme and Rs. 147.42 billion for import and custom charges of the military and defence equipment, maintenance of military farms and allowances for officials.
It has sought Rs. 200 billion for salaries of military officials and Rs. 45.89 billion for various construction projects, the report said.
The standing committee on defence of the National Assembly or lower house of parliament recently endorsed the proposed defence budget.
However, major political parties are yet to be taken into confidence on the defence budget, the report said.
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