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The high defense spending has sparked debates about its impact on Pakistan’s socio-economic growth. [3] Critics argue that the military budget takes a significant portion of the federal budget and results in economic inequality in Pakistan. [9] [10] [11] The transparency of Pakistan's military expenditure has been criticized.
Pensions in Pakistan are provisions which are provided to retired employees. [1] Because only the retired formal sector mostly benefits from pensions, most of the social schemes and retirement welfare system in the country cover a small proportion of the old-age population, whereas a significant proportion of the elderly population working in the informal sector remains largely unprotected by ...
The Pakistan Navy (PN) (Urdu: پاکستان بحریہ; romanized: Pākistān Bahrí'a; pronounced [ˈpaːkɪstaːn baɦɽia]) is the naval warfare branch of the Pakistan Armed Forces. The Chief of the Naval Staff, a four-star admiral, commands the navy and is a member of the Joint Chiefs of Staff Committee.
Social Security benefits will likely play an important part in your retirement income. After all, nearly nine out of 10 people aged 65 and older were receiving benefits as of June 30, 2023.
The Pakistan Economic Survey is an annual report on the performance of the economy, focusing in particular on major macroeconomic indicators. Finance Minister Shaukat Tarin briefed on 10 June 2021, the Pakistan Economic Survey 2020-21 at a press conference in Islamabad on Thursday, revealing that the industrial and services sectors had helped the economy rebound and post GDP growth of 3.94 per ...
The Pakistan Navy conducted AMAN-21, the seventh in the Multinational Exercise AMAN series, from 11 to 16 February 2021. This exercise included participation from ships, planes, SOF, EOD, and marine units, and observers from 43 different nations' navies. [10] [11] There were two phases to the exercise: a harbor phase and a sea phase.
Pakistan Navy medical specialists conducting medical training while abroad on sea mission. During the wave of floods from 2010 to 2014, the Navy launched relief operations nationwide and provided healthcare, medicines, relief efforts, and coordinated the distribution of food in the flood-effected areas. [169]
The Naval Strategic Command is distributed among the Pakistan Navy's missile regiment and the air defense battalions of the Pakistan Marines, focusing on the southern border. [11] The Navy's strategic formation is largely viewed as second-line capabilities that complement the principal land-based systems operated by the Army Strategic Force ...