In the 2020-2021 fiscal year budget, 4.1 Billion USD has been allocated to the Bangladesh Armed Forces. This is 6.13% of total budget expenditure slightly decreased from last year 8.3% of total annual government expenditure.
In 2020 Bangladesh ranked 46 in global military strength ranking. Last year Bangladesh confirmed the purchase of Apache attack helicopter from United States. Currently, Bangladesh is negotiating two defense deals with the USA .
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|Defense & Security Budget of Bangladesh||2020-2021||2019-20||2018-2019|
|Ministry of Defense (in Billion USD )||4.1||3.87||3.65|
|Armed Forces Division ( in Million USD)||4.82||4.52||4.05|
|Public Security Division (in Billion USD )||2.67||2.61||2.58|
Finance Minister AHM Mustafa Kamal presented Bangladesh’s 49th budget in the National Assembly on Thursday (June 11th) afternoon under the theme ‘Economic Transition and Future Roadmap.In order to increase the capacity of the armed forces and the defense system, in the proposed the fiscal year 2020-21, an operating and development expenditure of Tk 34,426 crore equivalent to 4.1 billion USD has been allocated in this sector .