Allocation for the Defence Ministry in the proposed budget for fiscal year 2024-25 has been increased by Tk 282 crore from the previous 2023-24 fiscal year.
Finance Minister Abul Hassan Mahmood Ali placed the proposed budget for the upcoming fiscal year in Parliament on Thursday afternoon.
Among the proposed amount, Tk 40,082 has been allocated for defence services, Tk 1886 crore for other services and Tk 46 crore has been allocated for Armed Forces Division, he said.
An amount of Tk 41,732 crore was proposed for the Defence services, other services and Armed forces division under the ministry in the national budget for the 2023-24 fiscal year.