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The government has allocated Tk 257.70 billion (Tk 25,770 crore) for the Ministry of Defence, Armed Forces Division and other services, in the proposed budget for the fiscal (FY) 2017-2018, reports BSS.
The allocation is Tk 25.40 billion (Tk 2,540 crore) higher than the revised budget of the previous FY 2016-17 of Taka 23,227 crore.
Of the total amount of Taka 25,770 crore allocated in the FY 2017-18, Tk 25, 740 crore has been allocated for the Ministry of Defence, and Tk 30 crore for the Armed Forces Division.
Of the total amount allocated for the Defence Ministry, Taka 25,060 crore has been allocated for non-development sector while Taka 679,85 crore development sector while non-development sector of Armed Forces Division has got allocation of Taka 30.41 crore.
Placing the budget proposals at the Jatiya Sangsad here today, Finance Minister Abul Maal Abdul Muhith said, "One of the main preconditions for sustainable development is to improve law and order situation and ensure a peaceful environment. We have been able to bring militancy and terrorism as well as the activities of the banned militant outfits under control, thanks to the timely and effective steps of the law-enforcing agencies."
http://www.thefinancialexpress-bd.com/2017/06/01/72351/Defence-gets-Tk-257.70-billion