The National Assembly on Sunday approved 88 demands for grants worth more than Rs43.85 trillion under the federal budget 2026-27, including allocations for defence, education, health, communications, water resources and other key sectors. During the budget session, demands for grants relating to the armed forces and defence development expenditures were presented before the House. Notably, […]
defence budget
National assembly approves Rs4.3 trillion federal grants package
The National Assembly approved 88 demands for grants worth more than Rs4.3 trillion during a smooth budget session, where lawmakers passed all allocations without presenting any cut motions. The approvals reflect broad parliamentary agreement on federal spending priorities across defence, infrastructure, and key public service sectors. In particular, lawmakers cleared seven major defence-related demands exceeding […]
Budget 2026-27 prioritises defence, debt and reforms
Finance Minister Muhammad Aurangzeb has presented Pakistan’s federal budget for fiscal year 2026-27 with a total outlay of Rs18.77 trillion, outlining measures aimed at maintaining economic stability, supporting development and strengthening fiscal discipline. Presenting the budget in the National Assembly of Pakistan, the minister said the government’s economic strategy focuses on controlling inflation, improving revenue […]
Pentagon seeks $200 billion boost for Iran war
WASHINGTON: The Pentagon is seeking an additional $200 billion in funding to support the ongoing conflict with Iran, a request that is expected to face intense scrutiny in United States Congress, which must approve any new spending. Read More: Pentagon races to rebuild weapons stockpile after Iran strikes According to a senior administration official, the proposal has been […]
Taiwan unveils $40bn defence boost amid rising China tensions
Taiwan has announced a massive $40 billion supplementary defence budget, signalling its firm resolve to protect its sovereignty as tensions with China continue to escalate. President Lai Ching-te revealed the T$1.25 trillion package on Wednesday, describing it as a critical step to safeguard the island’s future. He stressed that history shows compromise in the face […]