Tuesday , 19 September 2017
Home / Tag Archives: half

Tag Archives: half

Reserves losing half a billion dollars every month

KARACHI: Foreign exchange reserves have been dropping by a monthly average of half a billion dollars, making it difficult for the government to strike a balance between the outflow and inflow of greenbacks. Market sources said public-sector companies are not buying dollars from the interbank market. Instead, they are taking …

Read More »

Day-to-day operation costs eat up half of the defense budget

Operation and maintenance (O&M) costs ate up roughly $251 billion, or 50 percent of the U.S. defense budget, when overseas contingency operations (OCO) were accounted for in 2015, according to a report prepared by the Congressional Budget Office (CBO). “Over the past few decades, funding for O&M has increased substantially, …

Read More »
Show Buttons
Hide Buttons