Pakistans Economy Held Hostage by Military

Despite the crisis-ridden economy merely managing to survive on IMF loans, the military seems to be facing no constraints on its spending spree on weapons such as tanks and planes.reports Asian Lite News Pakistans military generals are tightening their grip on the economy, funnelling resources into defence spending while poverty and unemployment spiral. The budget for the current financial year saw a massive 20 per cent hike in defence expenditure despite a 7 per cent cut in the overall outlay under other heads such as education, healthcare and economic development projects to create more jobs. Despite the crisis-ridden economy merely