Pakistan’s defence budget 2021-22

Pakistan’s defence allocation for 2021-22 has gone up by 6.2% to $8.74 billion. A consolidated allocation of $3.06 billion is for pensions of which 75% of this is for military pensions. According to The Dawn, the proposed increase in the defence budget is less than what the armed forces have been getting in recent years except for FY 2019-20 in which a raise of 4.74% was given. But by the end of that fiscal year, the defence services had overshot the allocated budget by 6.33%. The army as always has the biggest share of the pie at 47.55%, PAF at 21.26%, Pakistan Navy at 10.85% and inter-services organisations being 20.32%.

Meanwhile, last year’s figures for defence budget have been revised. The original allocation for FY2020-21 was Rs1.29 trillion, which has been increased to Rs1.33tr, meaning the armed forces overspent by about three per cent.