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KAMAL SIDDIQI
ISLAMABAD, JUNE 12: With a battle raging on its disputed Kashmir border with India, Pakistan today announced a $ 12 billion budget that called for a $ 2.6 million (almost 11 per cent) increase in defence spending.
Defence will be given $ 2.6 billion compared to last year's actual defence spending of $ 2.4 billion. Defence has always been a big ticket item in Pakistan's budget, the cost of which is usually blamed on ongoing hostilities with India. As Finance Minister Ishaq Dar announced his budget, hundreds of police in riot gear surrounded the white marble building to stop protesters from staging a demonstration outside Parliament.
Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
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This story was printed from Net Express located at http://www.expressindia.com. Net Express provides a portal to India, with news from The Indian Express and The Financial Express along with sites on travel and tourism, the entertainment industry, the power sector, the environment and much more.
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