The government has allocated Tk 1,478.93 crore for the Ministry of Youth & Sports in the proposed national budget for the fiscal year 2020-21.
The amount is Tk 22.37 crore more than the revised budget for the fiscal year 2019-20 .
"'I propose an allocation of Tk 1,478.93 crore in the next year’s budget for the development of youths and sports,” Finance Minister AHM Mustafa Kamal said in his budget speech at the Jatiya Sangsad on Thursday.
In the proposed budget Tk 233.29 crore has been allocated for development work while Tk 1,245.64 crore was allocated for operational purposes for the next fiscal year
In the revised budget for the fiscal year 2019-20, Tk 1456.56 crore was allocated for the Youth and Sports Ministry --Tk 155.29 crore for development purposes while Tk 1301.27 crore for the operational costs.
The Finance Minister also said, the government is playing an important role in the development of nationwide infrastructure for sports and culture to organize different types of competitions and events.