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Monday, June 17, 2013

Pakistan ups ante with big military boost

JF-17 ThunderPakistan has revealed a massive increase in its military budget, the third nuclear power in Asia to unveil a significant increase this year, adding credence to fears of a growing arms race on the continent.

China, Pakistan and India were the only countries to increase their nuclear weapons stockpile last year, as the rest of the world reduced its warhead numbers.

In its budget this week, Pakistan announced it would increase defence spending by 15.7 per cent to $6.3 billion for 2013-14.

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