Bangladesh announces USD3.45 billion defence budget

12 June 2018

Bangladesh has announced a 2018-19 defence budget of BDT290.66 billion (USD3.45 billion).

Budgetary documents published by the Ministry of Finance (MoF) on 7 June show that the new expenditure marks a 10% increase over the revised allocation for 2017-18 of BDT264 billion.

The 2018-19 defence budget also amounts to 6.2% of total annual government expenditure and about 1.3% of GDP.

The new military budget allocates BTD279.1 billion for “non-development expenditure”, including military salaries and costs for maintenance and operations, and BTD11.52 billion for “development expenditure”, including military acquisitions. These allocations represent increases over last year of 9.6% and 24% respectively.

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