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Pak`s defence allocation Rs 675 bn, not Rs 442 bn: Official

Pakistan government`s total allocation for the military for fiscal 2010-11 is about Rs 675 billion and not Rs 442 billion as shown in the defence budget, a top finance official has said.



Islamabad: Pakistan government`s total
allocation for the military for fiscal 2010-11 is about Rs 675
billion and not Rs 442 billion as shown in the defence budget,
a top finance official has said.

Saqib Sheerani, Principal Economic Adviser to the Finance
Ministry, said the allocation for defence was not reflected
under one head in the budget but was distributed under three
different heads.

Sheerani was explaining why the International Monetary
Fund had given Rs 593 billion as Pakistan`s total defence
spending for the last fiscal while the government had
put the figure at Rs 378 billion in its budget documents.

During the last fiscal, Rs 378 billion were shown under
the main head of the defence budget while over Rs 200 billion
were shown under two other heads ? spending on pensions and
the war on terrorism.

The government also had to pay for "legacy expenditures"
like purchases of defence hardware for which deals were struck
during former President Pervez Musharraf`s tenure, Sheerani
told The News daily.

The budget for 2010-11 contained the total allocation for
defence under three heads.

Besides the Rs 442 billion announced as the defence
budget, almost Rs 225 billion were allocated for pensions and
the war on terrorism, Sheerani said.

Recent media reports had said that the government has
allocated Rs 110 billion for the Armed Forces Development
Plan, ongoing anti-militancy operations and a key defence
initiative.

The aim of this initiative is to enable the military to
acquire fighter jets and surveillance aircraft, submarines and
other weapons and technology to effectively counter external
threats and terrorism.

PTI

From Zee News

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