All Blog Posts Tagged 'Budget' (4)

India's Defense Budget World's 3rd Largest Despite High Poverty

In 2016, India surpassed Saudi Arabia and Russia to claim the 4th spot among the top five defense spenders globally for the first time, according to Jane's Defense.  India, a country with 33% of the world's poor, is projected to surpass the United Kingdom to rise to the 3rd spot for defense spending by 2018.…

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Added by Riaz Haq on December 12, 2016 at 3:30pm — 11 Comments

Pakistan Economy & Budget; NIA Pathankot Report; Hillary v Trump

How’s Pakistani economy doing? Is it gaining strength? How are the major economic indicators looking? What are Nawaz Sharif government’s economic priorities? How has it allocated spending in budget 2016-17 presented to National Assembly by Finance Minister Ishaq Dar? Why does Pakistan rely almost entirely on indirect taxation to raise revenue? Why is there such disproportionate burden for revenue placed on… Continue

Added by Riaz Haq on June 5, 2016 at 8:19am — 14 Comments

Pakistan to Beg and Borrow Billions to Finance 2013-14 Budget

Pakistan's proposed federal budget 2013-14 includes $36 billion in spending with deficit financing of $16 billion. Of this $16 billion, over $5 billion will be borrowed by the federal government to pay the power sector to settle the so-called circular debt.…



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Added by Riaz Haq on June 18, 2013 at 3:30pm — 9 Comments

Guns Versus Butter Debate in South Asia

I have just published on my blog, Haq's Musings, a guest post by Colonel Pavan Nair, a retired Indian Army officer, a detailed analysis of the Indian defense spending in the context of the nation's growing needs for social spending on food, education and health care. Col Nair prefaces his analysis by lamenting that "defense economics has not been a subject for serious… Continue

Added by Riaz Haq on January 23, 2010 at 9:30am — 1 Comment

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    Blog Posts

    Pakistani Student Enrollment in US Universities Hits All Time High

    Pakistani student enrollment in America's institutions of higher learning rose 16% last year, outpacing the record 12% growth in the number of international students hosted by the country. This puts Pakistan among eight sources in the top 20 countries with the largest increases in US enrollment. India saw the biggest increase at 35%, followed by Ghana 32%, Bangladesh and…

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    Posted by Riaz Haq on April 1, 2024 at 5:00pm

    Agriculture, Caste, Religion and Happiness in South Asia

    Pakistan's agriculture sector GDP grew at a rate of 5.2% in the October-December 2023 quarter, according to the government figures. This is a rare bright spot in the overall national economy that showed just 1% growth during the quarter. Strong performance of the farm sector gives the much needed boost for about …

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    Posted by Riaz Haq on March 29, 2024 at 8:00pm

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