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This is an accepted version of this page This is the latest accepted revision, reviewed on 28 February 2025. Economy of Bangladesh Motijheel C/A, the downtown of Dhaka Currency Bangladeshi taka (BDT, ৳) Fiscal year 1 July – 30 June Trade organizations SAFTA, SAARC, BIMSTEC, WTO, AIIB, IMF, Commonwealth of Nations, World Bank, ADB, Developing-8 Country group Developing/Emerging Lower-middle ...
Crest of Bangladesh Armed Forces 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. The program focuses on restructuring military organizations, expanding the forces, transforming ...
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (October 2024 edition) and/or other sources. [1] For older GDP trends, see List of regions by past GDP (PPP).
Bangladesh Air Force F-7BGi inflight The defence industry of Bangladesh is a strategically important sector and a large employer in Bangladesh.The Government of Bangladesh is actively seeking to upgrade its military and security capabilities and has allocated increasing amounts to its defense and security-related budget.
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$3.3 billion) [a] [1] by the Government of Bangladesh, a 7.5% increase from the previous fiscal year.
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.
The military budget of Bangladesh accounts for 1.3% of GDP, amounting to US$4.3 billion in 2021. [154] [155] The Bangladesh Navy, one of the largest in the Bay of Bengal, includes a fleet of frigates, submarines, corvettes, and other vessels. The Bangladesh Air Force has a small fleet of multi-role combat aircraft.
Graduation to Upper Middle Income country by 2030 will be followed by High Income country status by 2041; Per capita income of $12,500 (more than $16,000 in 2041 prices) [3] [4] Maintain 9% GDP growth until 2031. Increase investment/GDP ratio to 46.9%; Increasing tax revenue to 15% of GDP. Export diversification. Increase exports earnings to ...