The government has approved a Rs45 billion budget to protect Chinese interests in Pakistan, focusing on CPEC security and defence projects.
In a strategic move, the Pakistani government approved an additional Rs45 billion budget to bolster the security of Chinese commercial interests in the country. This substantial budget is aimed at fortifying the military’s capacity to manage both internal security and the China-Pakistan Economic Corridor (CPEC) operations. With increasing security concerns, China’s demand for better protection has heightened, especially for projects under CPEC Phase-II. In this article, we delve into the details of this allocation, its impact on Pakistan, and what it means for the future of CPEC.
Rs45 Billion Budget Breakdown
The recent decision by the Economic Coordination Committee (ECC), chaired by Finance Minister Muhammad Aurangzeb, has earmarked Rs45 billion for defense projects. Of this amount, Rs35.4 billion will be allocated to the military, and Rs9.5 billion to the navy. The budget will be used for various purposes, including security allowances, border management, and naval base upgrades. These projects are critical to ensuring the safety of Chinese personnel and infrastructure in Pakistan.
Protecting Chinese Interests
China’s heavy investment in Pakistan through CPEC has created a pressing need for enhanced security. Out of the Rs45 billion, Rs16 billion has been designated for the Special Security Division South, which oversees the protection of southern CPEC routes, and Rs8 billion for the northern routes. This reaffirms Pakistan’s commitment to maintaining strong ties with China while safeguarding crucial infrastructure projects that contribute to the country’s economic stability.
CPEC Phase-II and Security Challenges | Rs45 Billion Budget Approved
CPEC Phase-I saw the completion of 38 projects worth $25.2 billion, with $18 billion invested in the energy sector alone. However, Phase-II faces delays due to heightened security concerns. To address these issues, China has proposed joint ventures and advanced security measures, including mobile securing equipment and ballistic protective vehicles.
Rising Terror Threats
The surge in terror attacks targeting CPEC workers and projects has raised alarms in Beijing. As a result, China has called for an agreement on anti-terrorism cooperation. The establishment of a joint security company is also under discussion to ensure the safety of Chinese citizens in Pakistan. This highlights the gravity of the situation and the need for immediate action to secure CPEC Phase-II projects.
Supplementary Grants for Internal Security
In addition to the main allocation, the ECC has approved a Rs9.9 billion budget for the military’s internal security duty allowance. Rs1.5 billion has been reserved for managing fencing along international borders, a crucial aspect of the country’s defense strategy. These supplementary grants are in response to increased internal security challenges, further emphasizing Pakistan’s focus on strengthening its defense infrastructure.
Naval Upgrades and Border Management | Rs45 Billion Budget Approved
The ECC has also allocated Rs9.5 billion for the Jinnah Naval Base Ormara and Rs1.2 billion for the Naval Air Station in Turbat. Furthermore, the Pakistan Air Force will receive Rs150 million for internal security operations. These funds will help maintain operational readiness and safeguard key maritime routes. Ensuring that both land and sea routes under CPEC remain secure.
Economic Impact of Defense Budget Allocation
The continuous allocation of funds to defence services, including the recent Rs60 billion for Operation Azm-e-Istehkam. It reflects the government’s commitment to prioritizing security over other fiscal concerns. While the Rs45 billion boost is essential for national security. It adds to the already large defence budget of Rs2.127 trillion. The challenge for Pakistan will be balancing defence spending with other critical sectors such as health and education.
Conclusion | Rs45 Billion Budget Approved
The approval of the Rs45 billion budget underlines Pakistan’s dedication to securing Chinese interests and ensuring the smooth operation of CPEC projects. As security remains a top priority, both countries will need to work closely to address ongoing challenges. The continued allocation of funds to internal and border security will play a pivotal role in maintaining stability and fostering growth.
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