The Pakistan government is set to increase its defence spending by 18% to over Rs 2.5 trillion in the upcoming budget amid rising tensions with India over Pahalgam terror attack, the Express Tribune reported.
The government is slated to present the 2025-26 budget in the first week of next month, ahead of the new fiscal year commencing on July 1. Meanwhile, tensions between the two nations have escalated following the April 22 terror attack in Pahalgam, Jammu and Kashmir, which claimed 26 lives.
"However, there was a consensus between the PML-N and the PPP to increase the defense budget due to the recent wave of tensions with India, said the sources. They said that the PPP backed the proposal to increase the defense budget by 18% to over Rs2.5 trillion in the light of the prevailing security threats," the Pakistani news website said.
Meanwhile, Pakistani troops on Monday night violated the ceasefire for the 12th consecutive time attracting proportionate response from Indian Army. "During the night of May 5-6, Pakistan Army initiated unprovoked small-arms fire across the LoC in areas opposite Kupwara, Baramulla, Poonch, Rajouri, Mendhar, Naushera, Sunderbani, and Akhnoor. The Indian Army responded promptly and proportionately," said a defence spokesperson in Jammu.
Following the attack, India on April 23 announced a series of punitive measures against Pakistan, including the suspension of the Indus Waters Treaty, closure of the sole operational land border at Attari, and downgrading of diplomatic ties, citing cross-border links to the attack.
In retaliation, Pakistan closed its airspace to Indian airlines and suspended all trade with India, including via third countries. Meanwhile, Pakistan carried out back-to-back missile tests, successfully launching the 'Fatah series' surface-to-surface missile with a 120-kilometre range on Monday, following Saturday’s successful training launch of the Abdali Weapon System, a surface-to-surface missile with a 450-kilometre range.
The government is slated to present the 2025-26 budget in the first week of next month, ahead of the new fiscal year commencing on July 1. Meanwhile, tensions between the two nations have escalated following the April 22 terror attack in Pahalgam, Jammu and Kashmir, which claimed 26 lives.
"However, there was a consensus between the PML-N and the PPP to increase the defense budget due to the recent wave of tensions with India, said the sources. They said that the PPP backed the proposal to increase the defense budget by 18% to over Rs2.5 trillion in the light of the prevailing security threats," the Pakistani news website said.
Meanwhile, Pakistani troops on Monday night violated the ceasefire for the 12th consecutive time attracting proportionate response from Indian Army. "During the night of May 5-6, Pakistan Army initiated unprovoked small-arms fire across the LoC in areas opposite Kupwara, Baramulla, Poonch, Rajouri, Mendhar, Naushera, Sunderbani, and Akhnoor. The Indian Army responded promptly and proportionately," said a defence spokesperson in Jammu.
Following the attack, India on April 23 announced a series of punitive measures against Pakistan, including the suspension of the Indus Waters Treaty, closure of the sole operational land border at Attari, and downgrading of diplomatic ties, citing cross-border links to the attack.
In retaliation, Pakistan closed its airspace to Indian airlines and suspended all trade with India, including via third countries. Meanwhile, Pakistan carried out back-to-back missile tests, successfully launching the 'Fatah series' surface-to-surface missile with a 120-kilometre range on Monday, following Saturday’s successful training launch of the Abdali Weapon System, a surface-to-surface missile with a 450-kilometre range.
You may also like
Germany in turmoil as Merz fails in chancellor bid: What happens next?
Haryana CM reviews progress of 8 Namo Bharat corridor projects in NCR
Zhao Xintong's beaten opponent reveals what sets him apart from snooker legends
Taipei Open: Manraj, Mansi, Raghu crash out in second round as Indian singles hope falters
BJP protests outside Kejriwal residence; accuses Punjab AAP govt of stopping Delhi's water