Govt Big Cut In Defence Budget | Latest News

The government on Saturday decided to decrease country’s defence budget as the economy struggles to cope with rising debt, global inflation and political instability.

Sources said it had been decided to reduce the expenditure of the army by 35 per cent on petroleum products and 35 to 40 per cent on the utility bills. Reduction in expenditure on food allowance and food items in the defence budget would save more than Rs20 billion.

Sources further said a ban had also been imposed on all sorts of non-operational spending in the army and import of defence and military equipment would be in local currency or currency swap. It has also been decided to increase modern technology and online meetings for trainings, and reduction all kinds of expenses had been implemented immediately to improve the country's economy.
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