6.3pc of budget proposed for defence

Staff Correspondent | Published: 00:10, Jun 08,2018 | Updated: 00:30, Jun 08,2018

 
 
bangladesh budget 2018-19

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The government has proposed raising the budgetary allocation for the defence services to Tk 29,084 crore for the fiscal year 2018-2019 from Tk 26,415 crore in the revised budget for 2017-18.
In the outgoing fiscal, Tk 25,771 crore was allocated for both non-development and development budget from Tk 22,144 crore in the year before.
The proposed allocation is 6.3 per cent of the total outlay of Tk 4,64,573 crore announced by finance minister Abul Maal Abdul Muhith in parliament on Thursday.
In the outgoing fiscal, the defence budget was, however, 6.4 per cent of the total budget of Tk 4,00,266 crore.
In the fiscal year 2016-17, the defence allocation was 6.5 per cent of the total budget of Tk 3,40,605 crore.
The finance minister in his budget speech said Air Defence Identification Zone had been fixed on Bangladesh›s airspace and works to establish two full-fledged air force base of Bangladesh Air Force in Sylhet district was going on.
He said capacity enhancing programmes for the army, the navy and the air force were also going on.
Further steps that are being taken to strengthen the overall security of the country are establishment of weather observatories in 10 places of the country, modernisation of air monitoring system at the upper level and setting up of automatic weather observation system and establishment of wind profiler, preparing digital map with updated information and establishment of geodetic control network, establishment of National Spatial Data Infrastructure, establishment of 2 tidal stations and activities of Lidar Survey in entire Bangladesh, Muhith mentioned in his speech. 

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