By Admin 
Pakistan Budget: Pakistan has released its budget on Tuesday, with a total expenditure of 17.57 trillion Pakistani rupees (about $ 62 billion). However, half of the money is going out of the budget of Pakistan, which is already suffering from all the problems like hunger, poverty.
Half of the amount will be lost only to repay the loan
Out of Pakistan’s budget, 46.7 percent part will be left out in the loan compensation. That is, out of about 17.60 lakh crore Pakistani rupees kept for the current financial year, about 8 lakh crore rupees will be lost only to pay interest of loan and fulfill other liabilities.
Out of the budget, out of the amount of 8.945 trillion rupees for repaying the loan, 8.26 percent were also reduced i.e. 739 billion rupees were reduced. However, despite this, Pakistan’s increasing dependence on loan has limited the expenditure for important areas like health, education and development.
Pakistan’s economy relying on debt
It is estimated to cost Rs 7.197 trillion to Rs 7.197 trillion to compensate for Pakistan’s domestically taken, while Rs 1.009 trillion is estimated to be spent in paying foreign loans.
By March 2024, the total debt taken by the government of Pakistan reached 76.01 trillion rupees (US $ 269 billion), which is more than four times in the last ten years. This includes a domestic loan 51.52 trillion rupees and 24.49 trillion rupees foreign liabilities.
Extended by 20 percent on army
This is the matter, how much of the budget will go to repay the loan. After this, most of the remaining money will be spent on the army. After the war with India, Pakistan has started strengthening its strategic power.
Pakistan has increased the defense budget by 20 percent to $ 9 billion (about 2.55 lakh crore Pakistani rupees). Surprisingly, Pakistan has kept health 9.24 thousand crores of Pakistani rupees, which has kept 0.9 percent of GDP and less than 1 percent on GDP on education, which is being criticized a lot.
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