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The budget funds three branches of the Bangladesh Armed Forces: the Army, Navy and Air Force. For the 2022-23 fiscal year, the Bangladesh Armed Forces were allocated ৳ 40360 crore (US$3.4 billion) [ a ] [ 1 ] by the Government of Bangladesh, a 7.5% increase from the previous fiscal year .
The second list is based on the 2024 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates. [2] The third list is a user-generated list of the highest military budgets of the current year, compiled from various sources.
Civil Services paid from Defence Estimates; Hydrographic Surveys and preparation of navigational charts (excluding Hydrographic surveys in the inland water of Bangladesh and preparation of charts for inland navigation) Survey of Bangladesh; Budget legal and statutory matters of the Armed Forces; Secretarial administration including financial ...
The National Budget of Bangladesh is the government's annual financial statement, outlining the projected income and expenditure for the fiscal year. According to Article 87.(1) of the Constitution of Bangladesh , presenting this budget is a mandatory duty of the government.
They consist of the three uniformed military services: the Bangladesh Army, the Bangladesh Navy, and the Bangladesh Air Force. The Armed Forces are under the jurisdiction of the Ministry of Defence of the Government of Bangladesh , and are directly administered by the Armed Forces Division of the Prime Minister's Office . [ 5 ]
An amount of Tk348.42 billion ($4.4 billion) was proposed for the Defence Ministry in the national budget for outgoing fiscal year. [5] Bangladesh Army – $1.97 billion (৳16817 crore) Bangladesh Navy – $742.78 million (৳6330 crore) Bangladesh Air Force – $474.3 million (৳556.56 crore)
The Nordic country's defence spending has roughly doubled since 2020 to around 120 billion crowns ($11 billion) in 2024, when the government says it will meet NATO's target of a military budget ...
Forces Goal 2030 is a military modernization program in Bangladesh that commenced in 2009 and was updated in 2017. It is designed to enhance the capabilities of the Bangladesh Armed Forces, including the Army , the Navy and the Air Force , as well as the Coast Guard .