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Pakistan military capabilities: Despite $125 billion debt, why is Pakistan increasing its defence budget to 18000 crore rupees

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Pakistan is facing severe economic challenges, with a foreign debt totaling $124.5 billion, equivalent to 42% of its GDP. Despite this, the country has been expanding its military capabilities through substantial arms imports and collaborations, notably with China. According to a report by the Stockholm International Peace Research Institute (SIPRI), between 2019 and 2023, China accounted for 82% of Pakistan’s arms imports, reflecting a deepening military relationship.“China is strongly contributing to the strengthening of Pakistan’s military by providing fighter jets, warships, missile technology, drones, etc. This is part of China’s strategy to counter the influence and power of Quad-4 (that includes India) and the West’s other regional alliances,” an opinion piece in the EurAsian Times stated.

During President Xi Jinping’s 2015 visit to Pakistan, a significant agreement was forged for China to construct eight Hangor-class submarines for Pakistan, enhancing its naval power. “The submarines will play a pivotal role in maintaining peace and stability in the region. It would add a new dimension to the ever-tested Pakistan-China friendship,” said Admiral Naveed Ashraf, Pakistani Chief of Naval Staff.

Despite these military advancements, Pakistan is grappling with an acute economic crisis, exacerbated by last year’s devastating floods, which led to a severe reduction in the GDP growth projection from 5% to 0.29%. The national budget reflects a 15.4% increase in defense spending, totaling 18000 crore Pak rupees, even as the nation contends with skyrocketing inflation and widespread poverty.

The economic hardships have led to public discontent, with severe shortages of basic necessities such as food and medicines reported in the Pakistani media. Many believe that the real power in Pakistan lies with the military, which commands a significant portion of the national budget and operates vast revenue-generating enterprises. This perception is reinforced by international discussions, such as those held by the IMF, which highlight the disproportionate allocation of resources to the military at the expense of civil needs, the EurAsian Times report said.

Adding to the controversy, recent reports from the BBC and other media outlets have suggested that despite Pakistan’s official stance of neutrality in the Ukraine conflict, there have been covert operations involving the supply of arms to Ukraine. These reports allege that under American pressure, Pakistan engaged in secret deals that not only violated its declared neutrality but also provided substantial profits from arms sales.

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