12 Nov 2025, Wed

In Pakistan, common people are struggling due to inflation and unemployment, while the country’s army has transformed itself into Pakistan’s largest business empire. According to the IANS report, Economic Policy and Business Development Think Tank (EPBD) released by Wealth Perception Index 2025 has included a list of top 40 business groups in the country.

The dominance of military related companies can be clearly seen in this list, as well as the first dollar billion billion companies were identified for the first time.

Army under billions of dollars control

According to the report, according to foreign estimates by 2025, the annual value of business expansion of Pakistan Army is in tens of billion billion. This amount is shocking for the country, which is constantly facing poverty and economic crisis. At the top of the list is Fauji Foundation, an estimated price of $ 5.9 billion, while nine other military affiliated companies cost more than $ 1 billion.

‘Not limited to defense just’

Army’s access is not limited to arms only. Institutions like Fauji Foundation, Army Welfare Trust and Defense Housing Authority (DHA) are active in areas like banking, agriculture, manufacturing, real estate, education and retail. These institutions get tax exemption, special rights on government land and regulatory security, which keeps them different from normal market competition. In this way retired and active officials have extreme control, while civilian business is facing difficulties.

Poverty versus tanks and fighter aircraft

Despite being dependent on the IMF, Pakistan’s army continues heavy expenditure on tanks and fighter jets. In contrast, ordinary families have a problem of increasing unemployment and declining income. Pakistan’s per capita income in 2025 is $ 6,950, which is much less than in neighboring countries. According to the World Bank’s 2025 report, Pakistan’s 44.7 percent of the population is living below the poverty line of $ 4.20 per day. Apart from this, 16.5 percent people i.e. about 39.8 million people are living in extreme poverty, which was 4.9 percent earlier.

The Fauji Foundation with a wealth of about $ 6 billion is equivalent to some medium -sized Indian companies such as Apollo Hospitals and JSW Energy, but it is still much smaller than big companies such as HDFC Bank ($ 145 billion) or Tata Group ($ 436 billion).

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