Home News Business Pakistan allocates approx USD 7.61 mn for space programmes

Pakistan allocates approx USD 7.61 mn for space programmes

Islamabad, Pakistan: Pakistan allocated PKR 717.078 million (approximately USD 7.61 million) to nine projects, overseen by Pakistan Space and Upper Atmosphere Research Commission (SUPARCO). The development projects of SUPARCO include development of a compact antenna test range, development of various laboratories and logistic support facilities for the National Satellite Development Program, Altitude and Orbital Control System Centre, development of a satellite assembly integration and test facility, remote sensing data transmission facility and satellite environmental validation and testing facility.

For the fiscal 2012-13, Pakistan increased the defence allocation to PKR 545 billion (about USD 5.82 billion), marking an increase of 10 per cent over the outlay for the current fiscal. The allocation for the defence services amounted to 18.4 per cent of the federal budget of PKR 2,960 billion.

Talking to TheNation, Defence Minister Chaudhry Ahmed Mukhtar said the escalated cost and expenditure incurred on war on terror caused a two to three per cent increase in the defence budget, terming it a ‘normal phenomenon’.

“Last year, the defence budget was 17 to 18 per cent of the total budget. This year it is somewhere at 20 per cent. So you see it’s a normal phenomenon. The escalating cost on war on terror is the reason of defence budget increase.”

Source: NDTV & TheNation