What is not realised is that in the subcontinent the bulk of expenditure is on wages and salaries, pension benefits and routine maintenance. Less than 20%- perhaps even lesser amounts are on actual weapons purchases. Cutting def ex means essentially laying off hundreds and thousands of militarily trained personnel. Where do these people go? Just ask yourself.
The GDP growth going forward is about 3% I understand- add to it about 13% inflation- that gives a nominal GDP growth of 16%. A 6% hike in defence budget actually means a reduction in def ex as % of GDP by about 6-7%.
What do the learned Maulanas here say?
@Joe Shearer @Indus Pakistan @niaz @Jango @Wood @Vapnope @waz
Regards