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Pakistan's JF-17 Sales: A Debt Solution Amidst Public Hunger? Caught in a $10 Billion Defense Deal
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Pakistan's $10 Billion JF-17 Export Dream: A Mirage Amidst Economic Crisis?
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News18
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29-03-2026, 22:23
Pakistan's $10 Billion JF-17 Export Dream: A Mirage Amidst Economic Crisis?
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Pakistan, facing severe economic woes, aims to become a major fighter jet exporter, despite widespread poverty and infrastructure issues.
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The country entered into defense export agreements worth $10 billion for JF-17 Thunder and Mashshaq trainer aircraft.
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Many critical components for JF-17 are imported, meaning a large portion of export earnings returns to foreign suppliers, limiting net profit.
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Some deals involve sanctioned countries like Libya, raising legitimacy concerns and potential logistical challenges.
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Increased military spending amidst budget cuts and 'elite capture' suggests defense exports are a distraction from real economic problems.
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