Posted inAfghanistan, China, India, Pakistan, South Asia

Funds for defense, debt and the ISI – and crumbs for the masses

Pakistan has announced a “debt-driven” and “defense-laden” federal budget for the 2018-19 fiscal year that shows current expenditure swallowing up the entire national revenue and leaving virtually nothing for social development and the public sector. The budget documents reveal that half of the year’s federal outlays will go to defense and debt-servicing liabilities, while the […]

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