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8 June, 2018 12:58:28 AM
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Defence budget up Tk 3,329cr

Special Correspondent
Defence budget up Tk 3,329cr

Finance Minister AMA Muhith, in his budget proposal, yesterday allocated Tk 29,084 crore for the ministry of defence and the Armed Forces Division for the next fiscal which is bigger by Tk 3,329 crore or roughly 14.45 per cent than the current 2017-18 fiscal budget of Tk 25,755 crore.

Muhith proposed the allocation for the defence services while presenting the Tk 4,64,573 crore proposed national budget for the 2018-19 fiscal in parliament.

In the current fiscal, the allocation for the defence ministry was Tk 25,755 crore, which was later revised to Tk 26,415 crore, with a raise of Tk 660 crore.

In the budget speech, the finance minister said, “Capacity enhancing programmes for the army, the navy and the air force are also going on. Air Defence Identification Zone (ADIZ) has been fixed on Bangladesh’s airspace and works to establish two full fledged air force base of Bangladesh Air Force in Sylhet district is going on.”

“Further steps that are being taken to strengthen the overall security of the country are: establishment of weather observatories in 10 places of the country, modernisation of air monitoring system at the upper level and setting up of automatic weather observation system and establishment of wind profiler, preparing digital map with updated information and establishment of geodetic control network, establishment of National Spatial Data Infrastructure (NSDI), establishment of 2 tidal stations and activities of Lidar Survey in entire Bangladesh,” he said.

MK

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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