Bangladesh Armed forces received 3.87 Billion dollar allocation for Defending the nation from the enemy what is 8.3% of its Total Budget. The size of Bangladesh GDP was US$ 72 billion in FY2005-06, which has now increased 4.5 times to US$ 302.4 billion. The size of the proposed budget for FY2019-20 is USD 62.28 Billion Dollar.
A tiny rise in the Yearly allocation. The 2019 -2020 defense budget also amounts to 8.3% of total annual government expenditure and about 1.5% of GDP.
|Ministry||2019-20 In Billion Dollar||2018-2019 In Billion Dollar|
|Ministry of Defense||3.87||3.65|
|Armed Forces Division||4.52 Million||4.05 Million USD|
1 USD= 84 Taka
Bangladesh Military Expenditure
Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects;
Bangladesh Armed force already under huge expansion to counter threat from various sources . Billion dollar aircraft accusation from Russia and developing a Fortified submarine Base is Underway .
Military expenditure (% of general government expenditure of Bangladesh )
In the 2020-2021 fiscal year budget, 4.1 Billion USD has been allocated to the Bangladesh…
Bangladesh Armed forces received 3.87 Billion dollar allocation for Defending the nation from the enemy…
Bangladesh armed forces account for 6 per cent of Bangladesh’s annual budget, totaling $3.2 billion…