Bangladesh Bangladesh Armed Force budget issue

Tasin Mahdi

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For the last week, many people have messaged that the defense budget of Bangladesh has been reduced a lot. Actually, I want to know what really happened and what could happen 30-may
 

Afif

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For the last week, many people have messaged that the defense budget of Bangladesh has been reduced a lot. Actually, I want to know what really happened and what could happen 30-may
even if they kept it same in BDT terms it would be less because of dollar increase.
not optimistic
 

Isa Khan

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Google translate:-

The military budget was 5.9% of the country's overall budget in the fiscal year 2022-23, valued at Tk 40,360 crore (US$4.36 billion).

According to a recent report published by the Annual Development Programme-ADP (FY2023-24), the defense sector has shown Tk 1010 crores. That means Tk 1010 crores will be added to the budget released in 2022-23 FY2023-24, which is quite less than other years. . The military budget increased to Tk 2,827 crore in FY 2022-23, which has been reduced by less than half this year.

Due to the recent economic recession and the dollar crisis, the budgets are shrinking and they are being invested in human development activities.


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