BEIJING — China on Saturday announced the country’s lowest defence budget increase in six years in the wake of rising economic gusts and last year’s massive drawdown of service people.
According to a budget report to the national legislature annual session, the government plans to raise the 2016 defence budget by 7.6 percent to 954 billion yuan (about $146 billion), Xinhua news agency reported.
Last year, defense spending was budgeted to rise 10.1 percent to 886.9 billion yuan. On Friday, the spokesperson for China’s parliament said the 2016 ascent would be around 7 to 8 percent.
Friday’s report neither offer further breakdown of the figure nor clarify the method of reasoning behind the abated growth, albeit some officials and military experts have pointed to slowing growth in the world’s second largest economy.
General Chen Zhou linked the forecast-beating slowdown with China’s “economic and social status quo” in an interview with Xinhua.
The cut of 300,000 service people announced by Chinese President Xi Jinping in September 2015 might also have helped drive down the defence budget growth figure.
The government put this year’s growth target between 6.5 and 7 percent, compared with last year’s “approximately 7 percent” goal.Follow @gorkhapost
Three arrested with tiger hides
KATHMANDU- The Central Investigation Bureau (CIB) on Tuesday arrested three persons in possession of tiger hides.
The CIB said that Man Bahadur Tamang of Shailung Rural Municipality in Dolakha; Lokmaya Gurung of Barpak Sulikot Rural Municipality in Gorkha district and Amar Singh of Tilathi Koiladi Rural Municipality in Saptari district were arrested from Budhanilkantha in the capital city acting on a tip off about their involvement in smuggling of animals’ hides and skeleton.
All three have been sent to the Division Forests Office, Kathmandu for further actions. According to the Superintendent of Police Sudip Giri, the alleged would be booked as per the National Parks and Wildlife Conservation Act, 1973 and CITES Convention, 1975.Follow @gorkhapost