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Articles for tag: Budget, education, fiscal, FY27, GDP, Health, Human Development, IMF, Pakistan, social sector, spending

Pakistan Gulf Economist

Pakistan Spends 1.6% of GDP on Education and Health Combined — Half of Bangladesh, a Third of India

Pakistan's combined public spending on education and healthcare stands at just 1.6% of GDP — less than half of Bangladesh's rate and a third of India's — in a budget year where provinces are being asked to generate fiscal surpluses that will leave even less room for human development. UNESCO recommends 4–6% of GDP for education alone. The FY2026-27 budget makes commitments to higher education and health infrastructure but falls well short of those benchmarks.

Pakistan Gulf Economist

Pakistan Spends 1.6% of GDP on Education and Health Combined — Half of Bangladesh, a Third of India

Pakistan's combined public spending on education and healthcare stands at just 1.6% of GDP — less than half of Bangladesh's rate and a third of India's — in a budget year where provinces are being asked to generate fiscal surpluses that will leave even less room for human development. UNESCO recommends 4–6% of GDP for education alone. The FY2026-27 budget makes commitments to higher education and health infrastructure but falls well short of those benchmarks.

December 30, 2025

News Desk

India approves $8.8 billion in defense spending for Army, Navy, Air Force

Army to acquire roving munitions, radars, rockets, anti-drone systems. Navy and Air Force get ISR, missiles, simulators National Cadet Corps (NCC) personnel climb atop an army tank during the ‘Know Your Army’ exhibition at the Field Marshal Manekshaw Parade Ground in Bengaluru on January 11, 2025. PHOTO: AFP India’s Defense Council (DAC) has approved proposals worth 790 billion rupees ($8.78 billion) to buy radars, radios, auto-landing take-off recorders and other equipment for its army, navy and air force, the defense ministry said on Monday. Chaired by Defense Minister Rajnath Singh, the DAC meeting granted Acceptance of Necessity (AoN) for a

December 17, 2025

News Desk

How Taylor Swift, Travis Kelce Are Spending the Holidays as Fiancés

Travis Kelce has brought major changes to Taylor Swift’s life since they met Taylor Swift and Travis Kelce have been together since 2023 and the NFL star has changed the course of her life, allowing her to bring down the walls around her. The 36-year-old pop superstar and the Kansas City Chiefs, also 36, are spending their last holiday as engaged after planning to tie the knot in 2026. The fate of Ophelia The hitmaker has found a stable home with Kelce, which complements the showgirl’s busy life outside. Speaking about the new life the Grammy winner has built with

November 29, 2025

News Desk

Black Friday Paradox: Bigger Crowds, Smaller Spending

. NEW YORK,: Black Friday, the post-Thanksgiving shopping frenzy once defined by pre-dawn lines and “doorbuster” deals on electronics and appliances, drew record crowds this year — but consumers brought thinner wallets. Black Friday has grown into a cultural phenomenon since the late 1980s. But despite growing foot traffic, shoppers’ willingness to spend is waning, posing a challenge for retailers who rely on the holiday season for nearly a third of annual profits. According to the National Retail Federation, nearly two-thirds of consumers plan to wait for Thanksgiving weekend deals, down from 59% last year, while average spending is projected

October 29, 2025

News Desk

Saudi minister urges PIF to facilitate domestic spending, pave way for private sector

Saudi Arabia’s Investment Minister Khalid bin Abdulaziz Al-Falih attends the Future Investment Initiative (FII) in Riyadh, Saudi Arabia, October 29, 2024. — Reuters Minister Khalid urges PIF to pave way for private sector. The PIF president said the fund last year would focus on domestic projects. The Fund’s initial strategy for the period 2021-2025 expires in December of this year. Saudi Arabia’s investment minister urged the kingdom’s Public Investment Fund (PIF) on Tuesday to ease spending on domestic projects and pave the way for more private sector investment as the fund prepares to draw up a new strategic plan. “It’s

Harvard open to spending up to $ 500 million to resolve Trump’s conflict

Harvard University in Cambridge, Massachusetts, USA, December 12th 2023. – Reuters Washington: Harvard University marked the willingness to spend up to $ 500 million to end its dispute with Trump’s administration, the amount that was more than twice as that Columbia University agreed to pay last week to resolve the The New York Times reported. The report, which said sources, says the negotiators were still discussing the financial data of the Harvard Agreement and that Harvard opposed allowing an external display to oversee the deal, seeing this as a red line. President Donald Trump’s administration has launched a study at

Trump warns the calf of “serious consequences” on the GOP spending bill

Listen to the article US Chairman Donald Trump threatened his former advisor Elon Musk With the “serious consequences” on Saturday, if the billionaire technology seeks to punish Republicans who vote for a controversial expenditure bill. Trump’s comments on NBC News come after the relationship between the world’s most powerful person and the richest in the world that was destroyed in a bitter and spectacular way this week The inflatable dissolution-to a large extent was performed social media Before a nightly audience on Thursday-he was released by Musk’s harsh criticism of the so-called “big, beautiful” Trump expenditure bill, which is today

Trump suggests $ 163 billion for US budget that reduces domestic spending

US President Donald Trump reacts alongside workers in the field of carbon industry, on the day he signs energy-related executive commands in Washington, DC, USA, April 8, 2025.-Reuters Trump seeks a great boost in the costs of the homeland. The budget plan aims to reduce non -defense costs by 23%. Critics say that budget cuts required by Americans working. Washington: US President Donald Trump’s administration on Friday has proposed a reduction of $ 163 billion in the federal budget, which would strongly reduce spending in areas, including next year’s training and housing, while increasing the costs of defense and security.

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