https://www.taxtmi.com/news?id=43000 An 18 percent increase in the federal defence outlay has been endorsed within the forthcoming budget framework, raising the defence allocation to just over the reported threshold of Rs 2.5 trillion for the next fiscal year. The increase was adopted by the ruling coalition after discussions between the Pakistan Muslim League Nawaz and the Pakistan Peoples Party, which cited heightened cross border tensions and recent security incidents as the principal justification for reallocating fiscal space toward defence. Defence remains the second largest annual expenditure after debt servicing. en-us Tue, 06 May 2025 15:16:03 +0530 Tue, 06 May 2025 15:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43000 An 18 percent increase in the federal defence outlay has been endorsed within the forthcoming budget framework, raising the defence allocation to just over the reported threshold of Rs 2.5 trillion for the next fiscal year. The increase was adopted by the ruling coalition after discussions between the Pakistan Muslim League Nawaz and the Pakistan Peoples Party, which cited heightened cross border tensions and recent security incidents as the principal justification for reallocating fiscal space toward defence. Defence remains the second largest annual expenditure after debt servicing. News - Tue, 06 May 2025 15:16:03 +0530 https://www.taxtmi.com/news?id=43000