A NEW AIRCRAFT FOR PAF

[GURU DUTT]

ladies and gentelmen mark my words its gonna be the same type of Mig29 variants egypt just baught

 

[Falcon26]

Lets do the math again

Pakistan's Defence Procurement budget for 2016-17 is $5.5 Billion and $900 Million by US Coalition Support Fund (CSF) for Pakistan and the Congress Rejected the amendment to cut the CSF to $700 Million just a day ago.

40 Jets will Cost $6-7 Billion even if $100 Million per Plane these 40 planes will not come in a day but will take Few years to add up even if we Spare $1.5 Billion Every Year from the Procurement budget it'll take like 4-5 years to pay for these aircraft

I think only $2 billion was earmarked for procurement this year

 

[Assault Rifle]

@Muhammad Omar

Actually Pakistan's defence procurement budget is a mere Rs. 211bn($ 2.05bn)

Of the Rs860bn allocation, about Rs2bn would be spent on defence ministry establishment where the remaining Rs858bn would be distributed among the three services — Army, Air Force and Navy

The three services would spend Rs211bn on local purchases and import of arms and ammunition; Rs216bn on operational expenses; Rs327bn on salaries of soldiers and officers; and Rs104bn on maintenance of its buildings and construction of new ones..

http://www.dawn.com/news/1262657

So 40 EF-2000 will cost at least $7.5-8 billion thus nearly 4 times Pakistan's defence procurement budget including weapons, training and infrastructure

Similarly 40 Su-35 will cost atleast $4.5 billion including weapons, training and infrastructure.

Pakistan can only afford JH7 And J16

 

[Muhammad Omar]

I think only $2 billion was earmarked for procurement this year

Nope it's 5 sir

 

[Sulman Badshah]

Actually Pakistan's defence procurement budget is a mere Rs. 211bn($ 2.05bn)

http://www.dawn.com/news/1262657

So 40 EF-2000 will cost at least $7.5-8 billion thus nearly 4 times Pakistan's defence procurement budget including weapons, training and infrastructure

Similarly 40 Su-35 will cost atleast $4.5 billion including weapons, training and infrastructure.

Pakistan can only afford JH7 And J16

aircrafts never been procured in single payment .. Pakistan usually purchase things on installment

 

[Muhammad Omar]

@Muhammad Omar

Actually Pakistan's defence procurement budget is a mere Rs. 211bn($ 2.05bn)



http://www.dawn.com/news/1262657

So 40 EF-2000 will cost at least $7.5-8 billion thus nearly 4 times Pakistan's defence procurement budget including weapons, training and infrastructure

Similarly 40 Su-35 will cost atleast $4.5 billion including weapons, training and infrastructure.

Pakistan can only afford JH7 And J16

Pakistan Navy Signed $5 Billion Deal of 8 Submarines From China you guys said the same about that too... you don't have to pay full payment in just 1 year


ISLAMABAD: The federal cabinet on Monday approved a deficit budget of Rs4.42 trillion which, like proposals in previous years, lacks major policy initiatives to put the country on the path to sustainable economic growth.

The proposals appear to strike a balance between fiscal consolidation, imposed by the International Monetary Fund, and some incentives for the industrial sector. It was approved by the cabinet during a meeting which was presided over by Prime Minister Nawaz Sharif via video link from the Pakistan High Commission in London, a first in the country’s history.

Rs1.67 trillion development budget approved

The government expects tax revenues to climb to Rs3.635 trillion, a new historical level, thanks to heavy indirect taxation.

To boost earnings for next year, the budget proposes Rs170 billion in new taxes which will largely overburden existing taxpayers.

Further, the government is proposing to increase defence spending by over one-tenth to Rs860 billion, up by Rs79 billion from last year.

The federal cabinet has also approved measures to further limit tax-free cash withdrawals from banks by linking the Rs50,000 limit to one identity card against the current practice of unlimited banks accounts.

Other measures approved will see tax hikes on a string of consumer items. The super tax has also been extended for another year.

Tax reliefs, albeit for select sectors, include lower rates for Pakistan Cricket Board. Tax benefits will also be extended for industrialists.

While Nawaz specially asked for a special package for farmers including substantial subsidy on urea, budgetary proposal for abolishing sales tax on pesticides has been approved.

Rs1.7t development budget proposed for upcoming fiscal

After the federal cabinet’s approval, Finance Minister Ishaq Dar will present the budget in the National Assembly on Friday.

Expenditure

The total estimated size of federal expenditures is over Rs4.42 trillion, around 8% higher than last year’s budget of Rs4.1 trillion. The government will borrow Rs1.6 trillion, 4.8% of Pakistan’s gross domestic product (GDP), to run the country.

Despite the large deficit, the four provinces are expected to save about Rs335 billion or 1% of GDP from their incomes. This will bring down the national budget gap to Rs1.28 trillion or 3.8% of GDP. This is in line with targets set by the IMF for fiscal year 2016-17, including a special waiver of 0.3% due to one-off spending of Rs100 billion on Temporarily Displaced Persons (TDPs).

Listing expenditures at Rs3.4 trillion, the federal cabinet has decided to maintain subsidies for the incoming fiscal year at Rs169 billion.

With local government elections being held late last year, the cabinet has increased the budget of running the government by 6.8% to Rs348 billion.

The government has set aside Rs245 billion to pay pensions, to military and civilians. However, a major chunk worth Rs542 billion has been allocated as ‘grants’, which usually is provided to the military for defense procurements.

Taxation

The government has proposed to remove limitations on taxing unexplained assets of non-filers while transactions up to year 2002 can be investigated.

The cabinet approved advance tax on Alternate Corporate Tax. It also approved a proposal to levy 1% minimum tax on companies that are declaring gross losses.

Pakistan’s development budget to undergo Rs402 billion cut

It approved to increase dividend income tax rate to 20% for non-filers of income tax returns against the existing rates of 17.5%. It also approved 3% withholding tax on cars leased by banks and such companies. Raising taxes on consumer items, the government is proposing to increase federal excise duty on cigarettes from Rs3,030 per thousand sticks to Rs4,500 for cigarettes with printed sales price of over Rs3,350. Those with sales price below Rs3,350, federal excise duty rates have been raised from Rs1,320 to Rs2,000.

The cabinet has approved 10% sales tax on meat, poultry. The poultry and animal feed to be charged 5% sales tax. A 17% tax is approved on soya bean meal, sunflower seed.



http://tribune.com.pk/story/1113256/cabinet-green-lights-rs4-42tr-deficit-budget/

 

[Assault Rifle]

Even if Pakistan's pays the total cost in 5 years through instalments it would cost $1bn-$1.5bn a year which would be around half of Pakistan's annu defence procurement budget.Remember Pakistan has to spend on other programs of PAF, PN and PA too

 

[ziaulislam]

@Muhammad Omar

Actually Pakistan's defence procurement budget is a mere Rs. 211bn($ 2.05bn)



http://www.dawn.com/news/1262657

So 40 EF-2000 will cost at least $7.5-8 billion thus nearly 4 times Pakistan's defence procurement budget including weapons, training and infrastructure

Similarly 40 Su-35 will cost atleast $4.5 billion including weapons, training and infrastructure.

Pakistan can only afford JH7 And J16

Nope it's 5 sir

both of you are wrong, strategic govt to govt procurement are often not included in any budget books.
this has been the case in 90s

 

[Muhammad Omar]

Even if Pakistan's pays the total cost in 5 years through instalments it would cost $1bn-$1.5bn a year which would be around half of Pakistan's annu defence procurement budget.Remember Pakistan has to spend on other programs of PAF, PN and PA too

The government has set aside Rs245 billion to pay pensions, to military and civilians. However, a major chunk worth Rs542 billion has been allocated as ‘grants’, which usually is provided to the military for defense procurements.

It's $5.4 Billion

 

[Assault Rifle]

@Muhammad Omar The Rs542bn grants also include salary expenses of Rs327bn.Only a mere Rs211bn is for procurement expenses

Also the submarine were only feasible because of soft financing by China.Russia and Europe will never provide soft financing to Pakistan.

Also Pakistan is taking a long Time to get just 4 Mi-35 deal from Russia.Few Days back Rostec CEO Sergei confirmed that negotiations for 4 Mi-35 which began in 2014 is still NOT over.

 

[Muhammad Omar]

both of you are wrong, strategic govt to govt procurement are often not included in any budget books.
this has been the case in 90s

Where did say it's included in annual Budget but Tribune quoted the Procurement budget allocated For 2016-17

The government has set aside Rs245 billion to pay pensions, to military and civilians. However, a major chunk worth Rs542 billion has been allocated as ‘grants’, which usually is provided to the military for defense procurements.

@Muhammad Omar The Rs542bn grants also include salary expenses of Rs327bn.Only a mere Rs211bn is for procurement expenses

Also the submarine were only feasible because of soft financing by China.Russia and Europe will never provide soft financing to Pakistan.

Also Pakistan is taking a long Time to get just 4 Mi-35 deal from Russia.Few Days back Rostec CEO Sergei confirmed that negotiations for 4 Mi-35 which began in 2014 is still NOT over.

Sir Our Budget is $8.6 Billion or 860 Billion for 2016-17

IF Rs327bn is for Pensions and salaries Expenses what about the rest???

 

[Quwa]

@Muhammad Omar The Rs542bn grants also include salary expenses of Rs327bn.Only a mere Rs211bn is for procurement expenses

Also the submarine were only feasible because of soft financing by China.Russia and Europe will never provide soft financing to Pakistan.

Also Pakistan is taking a long Time to get just 4 Mi-35 deal from Russia.Few Days back Rostec CEO Sergei confirmed that negotiations for 4 Mi-35 which began in 2014 is still NOT over.

Funny ... because in 2015 that same guy told Sputnik News, "We have signed a contract with Pakistan for the Mi-35, deliveries will begin next year," Sergey Chemezov, Rostec general director, told RIA Novosti in Dubai (link)

 

[Beny Karachun]

According to Haris Khan PDF PAF is buying 40 HighEnd Aircrafts very soon they not chines or Americans .PAF looking to used F16 via Jorden but these 40 r New and would be a third type .No J20 or J31 at this moment.

Which version of the F16?

 

[313baberali]

National Assembly approved grants worth Rs 2,921,119,000 for Defence Production Division, Rs 41,148,525,000 for Planning and Development Division http://www.brecorder.com/pakistan/general-news/304064-na-approves-rs-1226trn-demands-for-grant.html

 

[Wolf]

No offense. But, can somebody paste a source after 14 pages where Harris khan has mentioned all this and that too recently . thanks