Pakistan is eyeing to step up its defence budget by around PKR 100 billion in the next fiscal year, as the government works on a new budget under an International Monetary Fund (IMF)-backed reform programme that also projects a strong rise in revenues.
Citing a report by IMF staff, the Dawn newspaper said that defence spending for 2026–27 is estimated at PKR 2.665 trillion, higher than PKR 2.564 trillion in the current fiscal year. The report further added that Pakistan’s federal revenues for 2026–27 are expected to reach PKR 17.144 trillion, up by more than PKR 2 trillion from the current year, reflecting a growth rate of 13.5%. (1 PKR=0.34 INR)
