Pakistan to Invest $48.5 Billion On Defense Between 2020-2024: Report

[AZ1]

Tbh we Indians have higher defence budget that our aukat. We spent less in health , edu , infra , R&D. But we don't have any option either.

Leave Earth.

Imagine if India and Pakistan were not at wars plus having trade with each other.

 

[Trailer23]

NESCOM??

NESCOM is a part of Strategic Plans Division (SPD) and have done work for the PAF & PN. So, they're probably covered under PAC and POF.

 

[StormBreaker]

Leave Earth.

Imagine if India and Pakistan were not at wars plus having trade with each other.

Stop with this ind pak BS or go to another thread

Doesn't matter, 80% of that goes to salaries not capability building.

Do I smell criticism ? Or is it that we really are facing bad finances in terms of defense ?

 

[AZ1]

Stop with this ind pak BS or go to another thread

okay and you are who?

 

[Trango Towers]

Tbh we Indians have higher defence budget that our aukat. We spent less in health , edu , infra , R&D. But we don't have any option either.

yes you do.
Kashmir is solvable.
India is hostile towards Pakistan not the other way round. you politicians use Pakistan's name to drum up idiots.
china is not your enemy. if you choose trade over war you will see that as soon as Kashmir is resolved you will have no enemies but then how will chai walas like Modi get to power?

 

[Sine Nomine]

Tbh we Indians have higher defence budget that our aukat. We spent less in health , edu , infra , R&D. But we don't have any option either.

If i am not wrong huge amount of Pakistani and Bharati budget goes in salaries and pension.

 

[HRK]

@HRK @aliyusuf @Signalian

without strong economy its a dream .... ignore such feel good reports for some more time

 

[aliyusuf]

View attachment 601539

Pakistan is expected to increase its military spending in the years to come by several billion dollars, a recent report suggests.

As per the “Pakistani Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2024,” the country is expected to spend $48.5 billion from 2020 to 2024 on defense.


The amount is around $6 billion more than what it invested in the past four years – from 2015 to 2019. The move is mandatory to manage internal instability and bolster its defense capabilities concerning India, suggests the report.

Between 2015 and 2019, the US military aid was halted and thus the country’s defense budget increased at a sluggish rate – not to mention the deteriorating economic situation as well.

Pakistan invested $7.6 billion in the defense sector in 2015 with a compound annual growth rate (CAGR) of 0.69 percent, which jumped up to $7.8 billion in 2019.


In the last four years, the country’s average capital expenditure allocation per annum remained at 36.8% of the total defense budget, while its revenue expenditure allocation was 63.2%.

In the next four years, the country is expected to push the average capital allocation for military hardware up-gradation to 37.8 percent.

Pakistan suffered a massive setback when the US halted arms supply in the aftermath of the conflicts between the two countries over Afghanistan. To recover from that, the country’s defense industry increased its indigenous capabilities to fulfill a majority of the national requirements. However, it still seeks China’s help for technologically advanced defense equipment.

The report suggests that the Pakistani export market will gradually grow over the forecast period on the back of its high-quality indigenous defense systems.

SOURCE : ProPakistani

Pretty much includes all expenditures i.e. budgeted and extra-budget acquisitions. This also includes operational costs and expenses. The heightened alertness over the past several months and that which has been set as the new normal till the current Indian policies that are in affect ... has and is going to continue to exact more expenses in the coming four years as well. From 2023 and onward we will be beginning to get our quota of the 8 new subs from China as well. Block-3 production costs and Project AZM research will also be factored in.

 

[Raj-Hindustani]

yes you do.
Kashmir is solvable.
India is hostile towards Pakistan not the other way round. you politicians use Pakistan's name to drum up idiots.
china is not your enemy. if you choose trade over war you will see that as soon as Kashmir is resolved you will have no enemies but then how will chai walas like Modi get to power?

Kashmir will never get solved because nor India will give single inch Kashmir neither we except to get from Pakistan. Only drama will be continued and leaders will take advantages from both sides.

Pakistan should need to learn from china-india relationship. Dispute, so many issues but not a single bullet fired from last many years. Trade is best part of our relationship....

Defence budget is only 1.6 (GDP)..... Still, very less compare to many countries

 

[HRK]

Or is it that we really are facing bad finances in terms of defense ?

this year alone we estimated defence budget around +10 billion dollars but due to depreciation of rupee against US dollar now it stand at +8 billion, so even if we maintain the current exchange rate this amount hardly cover existing programs plus maintenance expenditure for already existing assets plus salaries, so forget about any capacity building unless it comes with foreign loans ....

 

[StormBreaker]

this year alone we estimated defence budget around +10 billion dollars but due to depreciation of rupee against US dollar now it stand at +8 billion, so even if we maintain the current exchange rate this amount hardly cover existing programs plus maintenance expenditure for already existing assets plus salaries, so forget about any capacity building unless it comes with foreign loans ....

Ohh the depreciation

okay and you are who?

Try to act mature and avoid all these trolls on serious topics.

As for who am i ?

This is my thread and i request for what i like in order to maintain relevant discussion

 

[monitor]

PLEASE LEARN BEFORE BASHING everyone is not bhukka bengali here that kepp collecting money and getting wife treatment from india mayanmar and keep bla bla bla economy .

Pakistan already have spend is last 4 years 44 billions 508 millions $on Defense .



View attachment 601542

https://tradingeconomics.com/pakistan/military-expenditure

Have your eye check with a eye specialist . I didn't tell you didn't expend but most of your defense budget according to article goes to non capital item to revenue expenditure for salary maintenance etc so at best according to article 40% utilized for capital item . if you want to get 45 billion for capital item then you need to expend 8 billion in next 5 year which is impossible for Pakistan unless any miracle happened.

 

[Imran Khan]

Have your eye check with a eye specialist . I didn't tell you didn't expend but most of your defense budget according to article goes to non capital item to revenue expenditure for salary maintenance etc so at best according to article 40% utilized for capital item . if you want to get 45 billion for capital item then you need to expend 8 billion in next 5 year which is impossible for Pakistan unless any miracle happened.

You just go away and play with your donkey .we know how to handle it and India . let professionals do their job

 

[Path-Finder]

I think they misplaced the decimal point in writing the report.

 

[Abdul Rehman Majeed]

We need to have a defence budget of $25 Billion/year.