AIRLINK 188.50 Decreased By ▼ -8.15 (-4.14%)
BOP 10.17 Increased By ▲ 0.03 (0.3%)
CNERGY 6.61 Decreased By ▼ -0.08 (-1.2%)
FCCL 34.03 Increased By ▲ 1.01 (3.06%)
FFL 16.60 Decreased By ▼ -0.05 (-0.3%)
FLYNG 24.16 Increased By ▲ 1.71 (7.62%)
HUBC 126.20 Decreased By ▼ -1.09 (-0.86%)
HUMNL 13.82 Decreased By ▼ -0.08 (-0.58%)
KEL 4.82 Increased By ▲ 0.06 (1.26%)
KOSM 6.50 Increased By ▲ 0.13 (2.04%)
MLCF 43.19 Increased By ▲ 0.97 (2.3%)
OGDC 213.00 Decreased By ▼ -0.03 (-0.01%)
PACE 7.30 Increased By ▲ 0.29 (4.14%)
PAEL 42.19 Increased By ▲ 1.32 (3.23%)
PIAHCLA 17.47 Increased By ▲ 0.65 (3.86%)
PIBTL 8.43 Increased By ▲ 0.14 (1.69%)
POWER 9.00 Increased By ▲ 0.18 (2.04%)
PPL 184.90 Increased By ▲ 1.33 (0.72%)
PRL 38.02 Decreased By ▼ -0.25 (-0.65%)
PTC 24.25 Increased By ▲ 0.18 (0.75%)
SEARL 94.75 Decreased By ▼ -0.36 (-0.38%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 39.60 Decreased By ▼ -0.71 (-1.76%)
SYM 17.89 Decreased By ▼ -0.32 (-1.76%)
TELE 8.73 No Change ▼ 0.00 (0%)
TPLP 12.50 Increased By ▲ 0.29 (2.38%)
TRG 63.90 Decreased By ▼ -0.46 (-0.71%)
WAVESAPP 10.50 Increased By ▲ 0.06 (0.57%)
WTL 1.79 No Change ▼ 0.00 (0%)
YOUW 3.98 Decreased By ▼ -0.02 (-0.5%)
BR100 11,721 Decreased By -1.9 (-0.02%)
BR30 35,442 Increased By 83 (0.23%)
KSE100 113,073 Increased By 434.6 (0.39%)
KSE30 35,576 Increased By 117.9 (0.33%)

Former prime minister and Chairperson of Pakistan Peoples Party Benazir Bhutto has expressed concern over "huge increase" in the proposed allocation for military.
According to press reports, the military has demanded an increase of 25 percent in its budget, amounting to Rs 61 billion. In a statement, the former prime minister said that it was illogical to make such gigantic demands at a time when people were committing suicides due to grinding poverty.
"It is bad governance that on the one hand Islamabad is going with a begging bowl to borrow more money and increase the debt burden on the common man and, on the other, is extravagantly spending hard earned resources of Pakistan on military expenditure at a time when tension with India had eased," she said. Benazir said the PPP had called upon the regime to defer military expenditures, such as purchase of billion-dollar planes and building a second GHQ and instead use the monies for earthquake rehabilitation. It was the sound and logical way to protect the interests of the common man as well as to make the country self-reliant, she said.
The former prime minister recalled that two years ago the military expenditure was budgeted at Rs 193 billion and was tersely explained in half a line: "to defray salary and other expenses" in the over 4,000-page budget documents. Without questioning, the Parliament promptly approved the budgeted demand, she said, adding the current year's military expenditure was budgeted at Rs 223 billion, excluding military pensions, which were enormous due to the early age at which personnel retire.
The total national budget was about Rs 1,100 billion, she said, and referred to the official figures, which indicated that "the country yearly spends Rs 33 billion on pensions of which the military pensions amount to Rs 27 billion and the civil pensions come to rupees six billion." She said these amounts did not take into consideration billions more spent on the Rangers, civil armed forces.

Copyright Pakistan Press International, 2006

Comments

Comments are closed.