By USMAN ANSARI
ISLAMABAD — Pakistan is examining a possible defense budget increase in light of a changing security and financial situation, but though new equipment is needed rising operational costs could soak up any increase, say analysts.
The Associated Press of Pakistan (APP) reported Finance Minister Ishaq Dar discussed the possibility of assisting the military’s development program with Chief of Army Staff Gen. Raheel Sharif during a meeting over the weekend.
Just how much more money the armed forces can expect is uncertain despite some improvements in the economy. Sakib Sherani, an economic commentator and CEO of Islamabad-based economic consultancy firm, Macro Economic Insights, says the increase would not be much.
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