Thread by @AaammAadmi

So, the #PTIGovernment is really very upset about the rising cost of pay and pensions in the federal government. Let me share a budget document with you all which shows the total cost of “Civilian” pension is PKR 470 Bn. for FY 2020-21, out of which cost of “Military pensions”

being paid amounting to Rs. 359 Bn, whereas, the estimate of total civilian pensions is Rs. 111 Bn.

If you all didn’t know, the expenditure of pension of military personnel is incurred from the civil current expenditure.

This amount is in addition to

1,289 Bn. defence budget allocated for the FY 2020-21 as against an allocation of Rs. 1,152 Bn. allocated for the previous year. This is a 12% increase in the defence affairs and services budget despite the fact that we are in the middle of a pandemic and approx. GDP

Growth for FY 2019-20 is around MINUS 2.4%.

So basically we are spending 12% more on defence so that they can build more of their Multan Garrison Messes and Rawal Naval Messes while at the same time we allow more than 50% of our population to slip below the

line of poverty. Let me remind you again that the net federal budget deficit is a record Rs. 3,437 Bn. which shall be financed by further borrowings from commercial institutions, which will again add more burden to already saturated fiscal space the country has.

All the figures and doment pages are publically available on Ministry of Finance website and can be accessed by anyone to measure the magnitude of disaster this budget is going to bring upon all of us.

finance.gov.pk/budget/Budget_…

C.C: @KamranShafi46 @JammanKhattak @JehangirJm @iamthedrifter

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