Pakistan News And Discussion-14

[Naresh]

<b>SSridhar Ji & Mudy Ji :</b>

I refer you to the following Interview of Dr. Ayesha Siddiqa :

<b><span style='color:green'>A full General is worth Rs 500 million+</span></b>

In respect of the Pakistani Armed Forces Budget Dr. Siddiqa stated as follows :

<b>irshadsalim28 :</b> What was the defense budget for the year 2001?

<b>asidd66 : 131 billion. If u add these numbers the budget would escalate to over Rs. 400 billion</b>

Now if you allow say 15% increase Annual Increase in the Defence Budget-Spending then today’s Pakistani Annual Defence Budget should work out to Pak Rs. 925 Billion which at the rate of USD 1 = Pak Rs. 60 equates to over USD 15 Billion.

Please refer to <b>Pakistan Budget 2007-2008</b>

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->11. By the grace of God the Budget that I am going to announce has an overall size exceeding <b>Rs.1,874 billion</b><!--QuoteEnd--><!--QuoteEEnd-->

Taking the Total Pakistani Budget as say USD 33 Billion we see that the Pakistani Defence Budget of USD 15 Billion is over 45% of the Country’s Annual Budget Spending.

With such a heavy expenditure on Defence Pakistan’s Economic C ondition can well be imagined! <!--emo&:flush--><img src='style_emoticons/<#EMO_DIR#>/Flush.gif' border='0' style='vertical-align:middle' alt='Flush.gif' /><!--endemo-->

Cheers <!--emo&:flush--><img src='style_emoticons/<#EMO_DIR#>/Flush.gif' border='0' style='vertical-align:middle' alt='Flush.gif' /><!--endemo-->