US has to carefully monitor direction of defence spending in Pakistan
It is said about Pakistan, that while most states have an army, this army has a state! The influence of army that inspires this extreme comment, which is reflected in the normally hefty defence budget allocation, which was increased by 17% for 2010-11 to Rs.442.2 billion ($5.17 billion), more than thrice as fast as the country’s GDP growth. This would be around 7.5% of their GDP in 2010, as per IMF estimates at constant prices. Last year’s allocation was Rs.343 billion, which mounted to Rs.403 billion, largely due to increased military operations on border areas.
Pakistan received $656 million from US for counter insurgency operations, but its military and intelligence services are under scrutiny for tacit support to jehadi terrorist organizations. Heritage Institution’s Lisa Curtis and Carnegie Endowment’s Ashley Tellis opined that US “must develop policies that approach the jehadi groups with the same urgency as the US deals with the threat from al-Qaida.’’
It is said about Pakistan, that while most states have an army, this army has a state! The influence of army that inspires this extreme comment, which is reflected in the normally hefty defence budget allocation, which was increased by 17% for 2010-11 to Rs.442.2 billion ($5.17 billion), more than thrice as fast as the country’s GDP growth. This would be around 7.5% of their GDP in 2010, as per IMF estimates at constant prices. Last year’s allocation was Rs.343 billion, which mounted to Rs.403 billion, largely due to increased military operations on border areas.
Pakistan received $656 million from US for counter insurgency operations, but its military and intelligence services are under scrutiny for tacit support to jehadi terrorist organizations. Heritage Institution’s Lisa Curtis and Carnegie Endowment’s Ashley Tellis opined that US “must develop policies that approach the jehadi groups with the same urgency as the US deals with the threat from al-Qaida.’’
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
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An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
Prof. Rajita Chaudhuri's Website
domain-b.com : IIPM ranked ahead of IIMs
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM Best B School India
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
IIPM B-School Detail
