Search For "defence budget"
China's defence budget could be far greater than declared
Updated : 2 years, 2 months ago IST
Everyone acknowledges that China's declared defence budget is lower than its real expenditure. The only question is how much, and it turns out it could be several times higher than what most think.
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Japan’s Defence Ministry seeks record 7.7 trillion yen budget for FY 2024
Updated : 2 years, 6 months ago IST
Japan's Defense Ministry on Thursday requested a record 7.7 trillion yen (USD 53 billion) budget for fiscal 2024 as the government aims to deploy arms to realize newly authorized capabilities to strike enemy targets for stronger deterrence in the wake of the worsening regional security envir
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USD 842 billion budget proposal for US defence driven by competition with
Updated : 2 years, 11 months ago IST
"The People's Republic of China (PRC) is our pacing challenge. And we're driving hard to meet it. Our budget builds on our previous investments to deter aggression. We're investing in a more resilient force posture in the Indo-Pacific and increasing the scale and the scope of our exercises w
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China defends growing military budget, says spending is purely to safeguar
Updated : 3 years ago IST
Tan Kefei, a spokesperson of the People's Liberation Army and People's Armed Police delegation to the first session of the 14th National People's Congress said that China's military spending is purely to safeguard the country's sovereignty, security and interests.
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China prioritizes defence budget despite economic woes
Updated : 3 years ago IST
According to figures released on the opening day of the first annual session of the 14th National People's Congress (NPC), China's 2023 defense budget will rise 7.2% to CNY1.5537 trillion (USD224.59 billion).
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China slowly becoming suffocating police state like former Soviet Union: R
Updated : 3 years ago IST
The sources have expressed concern over the possibility of creating a new police and state security organization, which would be placed under the direct command of Xi, the "core" of the party's Central Committee.
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China sets GDP target at 5 pc, defence budget up by 7.2 pc
Updated : 3 years ago IST
The GDP growth target and China's other development goals were released in the Government Work Report. Chinese Premier Li Keqiang presented the Government Work Report during the first session of the 14th National People's Congress on Sunday, as per the Global Times report.
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Pakistan has no food for its poor but purchases weapons
Updated : 3 years ago IST
The army, responsible for much of what is horribly wrong in Pakistan, cannot deny that it has fattened up on what has been snatched from the people.
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Defence budget hiked by 13 pc, modernisation fund sees moderate 6.5 pc upt
Updated : 3 years, 1 month ago IST
Looking to acquire major weapon systems including fighter aircraft, submarines and tanks, the defence services today got a hike of around 13 per cent in their budget for 2023-24 as Rs 5.94 lakh crore were allocated to them from the Rs 5.25 lakh crore given last year.
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US President Joe Biden signs USD 858 billion defence authorization bill
Updated : 3 years, 2 months ago IST
Biden said the Act provides vital benefits and enhances access to justice for military personnel and their families, and includes critical authorities to support the country's national defence, foreign affairs, and homeland security.
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Japan Cabinet approves 2023 draft budget at USD 862 billion with record de
Updated : 3 years, 2 months ago IST
The growth of the defence budget is connected with the government's decision to ensure an increase in defence spending to 2 per cent of the country's gross domestic product by 2027, which is approximately 11 trillion yen per year.
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Delay in decision-making adversely affects country's combat readiness: Raj
Updated : 3 years, 4 months ago IST
Defence Minister Rajnath Singh on Monday while underlining the need to expand the defence budget to over Rs 6 lakh crore said that it is necessary to spend the fund allocated in the present budget "timely" to achieve country's combat readiness.
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