In the proposed budget for the financial year 2024-25, an allocation of Tk 42 thousand 14 crore has been proposed for the defense sector. Which is 4 thousand 212 crores more than the outgoing financial year.
It was proposed to allocate 37 thousand 802 crore rupees to the defense sector in the financial year 2023-24.
Finance Minister Abul Hasan Mahmud Ali gave this information while presenting the budget in the Jatiya Sangsad on Thursday (June 6) under the chairmanship of Speaker Shirin Sharmin Chowdhury and in the presence of Prime Minister Sheikh Hasina.
This time in the budget, 38 thousand 798 crore rupees have been proposed for the operational expenditure of defense services and 1 thousand 284 crore rupees for development expenditure. The operational expenditure for other services of the Ministry of Defense has been estimated at 1 thousand 886 crores. 46 Crores have been proposed for allocation of operating expenses of the Armed Forces Department.
In the budget proposed in the National Parliament for the fiscal year 2024-25, the defense sector allocation is 5.3 percent of the total budget. As a percentage which is higher than 2023-24 fiscal year by 7.0 percent.
TT/ZH/MS
You can also write on JagoNews24.com, a popular online news portal. Writing topics feature, travel, lifestyle, career, IT, agriculture and nature. Submit your essay today [email protected] at the address
#Defense #budget #increased #thousand #crores