The allocation for defence in the budget for the FY2021-22 has been increased by Tk28.49 billion fromn the outgoing fiscal year.

Tk 376.91 billion has been proposed for the Defense Ministry and other services under the ministry in the national budget for the 2021-22 fiscal.

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An amount of Tk 348.42 billion was proposed for the Defense Ministry in the national budget for outgoing 2020-21 fiscal year.

Finance Minister AHM Mustafa Kamal made the announcement during the budget speech at the Jatiya Sangsad Bhaban on Thursday. He placed the proposed total budget of Tk 6,03,681 crore for 2021-22 - it was Tk 5,68,000 for the outgoing fiscal.

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Besides, Tk44 crore has been set aside as operating costs of the Armed Forces Division which was Tk41 crore in the 2020-21 budget.