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Rupees 99.76 million allocated for Defense Production

Islamabad: In the federal budget of the coming financial year 2023-24, a total budget of more than 99.76 million rupees has been allocated for the Ministry of Defense Production and its subsidiaries.

According to the budget documents, the revised budget of Defense Production is Rs 89.19 million which has now been increased to more than Rs 99.76 million, out of which more than Rs29.41 million will be spent in the form of employee expenses, operating expenses will be more than Rs 120 million while more than 550 million have been kept in the form of physical assets.