Military_budget_of_Bangladesh
Military budget of Bangladesh
Allocation of the military budget of Bangladesh
The Military budget of Bangladesh is the proportion of the overall national budget of Bangladesh that is allocated for the purpose of funding the Bangladesh Armed Forces. This military budget finances employee salaries and training costs, the maintenance of equipment and facilities, support of new or ongoing operations, and development and procurement of new weapons, equipment, and vehicles. 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$3.8 billion)[lower-alpha 1][1] by the Government of Bangladesh, a 7.5% increase from the previous fiscal year.