Bangladesh Defence gets Tk 257.70 billion (3.2$ billion)

[EastBengalPro]

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

 

[Nilgiri]

About 3.2 billion USD at latest exchange rate.

 

[Mage]

Good enough. Do we have plans to procure anything major this year @BDforever?

 

[bluesky]

Does this budget include also the procurement of hardware from foreign countries? I could not find any clue about it by reading the news.

 

[Banglar Bir]

LAST FY BUDGET WAS গতবছর সামরিক বাজেট ছিলUS $ 2.63 BILLION ২.৬৩ বিলিয়ন মার্কিন ডলার।

এবছরের সামরিক বাজেট গতবছরের থেকে i.e 0.59 BILLION ০.৫৯ বিলিয়ন বা OR 590 MILLION US $ INCREASED. ৫৯০ মিলিয়ন মার্কিন ডলার বেশি।

Please note that for the FY 2017-18,Defence Budget has been increased by UD$ 590 millions only, from that of last year.

Now as a simpleton, my question is,how will these expensive platforms be purchased, for the rapid modernization for the 3 services, utilizing this negligible increase? Are the cash deficit/stripped Russians willing to extend another G2G, soft loans to Bangladesh, in addition to the US $ 1 billion already committed and utilized mainly for the Air Force?
Anyone with adequate knowledge about economics, could perhaps enlighten us.

 

[bd_4_ever]

The budget amount is always used to for non-hardware purchases. This figure will go to maintenance, salary, benefits and other soft sections.

When it comes to hardware purchases of any sort, the govt. always allocates extra money and that does not come from the budget.

Hope that is clear now.

 

[BDforever]

Good enough. Do we have plans to procure anything major this year @BDforever?

SSSSShhhhhhhhhh

 

[Banglar Bir]

The budget amount is always used to for non-hardware purchases. This figure will go to maintenance, salary, benefits and other soft sections.
When it comes to hardware purchases of any sort, the govt. always allocates extra money and that does not come from the budget.
Hope that is clear now.

Yes I am completely aware how budgets are prepared, every penny/paisa comes from the budget.Governments always keeps an sufficient amount in the "Invisible Contingency" head. However, these allocations are specifically kept to meet emergency situations/unforeseen natural calamities.

The US$ 1 billion Russian loan was used for the purchase of Yak-130+other hardwares. The proposed Indian US $ 500 million, could perhaps, be utilised for procuring 8x Su 30 SME. Chinese G2G loans were used for purchasing various defence related hardwares.

Kindly note the huge foreign exchange earned by our Defence forces deployed in UN Peacekeeping Missions, could be dwindling rapidly, due to US reluctance to contribute.

Now kindly Mr. Economist reveal your Aladdin's Lamp.

 

[bluesky]

As far as I know, the proclaimed defense budget does not include money for procurement from for foreign countries, and all or most of the hardware military purchases are categorized in the "Industrial Capital Goods."

 

[Banglar Bir]

As far as I know, the proclaimed defense budget does not include money for procurement from for foreign countries, and all or most of the hardware military purchases are categorized in the "Industrial Capital Goods."

BUDGET FOR IMPORT OF INDUSTRIAL GOODS ARE SEPARATELY EARMARKED, EVEN DECLARING THEM FOR EVADING INTERNATIONAL PRESSURE, COULD LEAD TO CONFISCATION OF THE ENTIRE CARGO+VESSEL, PLYING ON INTERNATIONAL WATERS.EVER HEARD OF LIVE SATELLITE IMAGING GPS COORDINATES?
KINDLY INTIMATE YOUR RELIABLE SOURCES.

Defence Technology of Bangladesh-DTB
7 hrs ·
ডিফেন্স বাজেট 2017 কিসসা
.
অনেকেই 3.2 বিলিয়ন ডলার ডিফেন্স বাজেট দেখে খুশিতে বাকবাকুম করছেন. তারা মনে করছেন এইবার বাংলাদেশ সব শপিং লিস্ট কিন্না পুরা কইরা ফেলবে .তাদের জন্য বলছি .
3.2 বিলিয়ন ডলার এর 70% খরচ হবে বাহিনীর বেতন , চিকিৎসা , বাড়িঘর নির্মাণ , ইকুইপমেন্ট রক্ষনাবেক্ষন , প্রশিক্ষণ ইত্যাদী তে .

ঐ খরচ বাদ দিলে বাকি থাকে 950 মিলিয়ন ডলার. তার মধ্যে প্রকিউরমেন্ট বাজেট হবে 700-750 মিলিয়ন ডলার যা দিয়ে অস্ত্র, গাড়ি , জাহাজ, বিমান, যাবতীয় যুদ্ধ উপকরণ কিনা হবে. এই টাকা কে এখন 3 দিয়া সুন্দর করে কেল্কুলেটর এ ভাগ দিন . 250 মিলিয়ন তাই না?

ইহাই হলো বাজেট সোর্সলদ্ধ নিজনিজ বাহিনীর সংকুলান . আর্মি কে আবার এই 250 মিলিয়ন থেকে ইউ এন এর ডিপ্লয়মেন্ট সাপোর্ট দিতে হবে . সেনাবাহিনী মে বি 150-200 মিলিয়ন খরচ করতে পারবে যুদ্ধাস্ত্র ও উপকরণ কেনার জন্য .

ভাই ও বহিনগণ , এখন শপিং লিস্ট এ তাকান আর পকেট গোনেন . রোজার মাস আল্লাহ আল্লাহ করেন .

The ONLY viable alternative for Bangladesh, is to request CHINA, to grant us another tranche of 3-4 Billion US$, as soft loans on G2G basis, that means procurement of CHINESE WEAPONS ONLY.

 

[Homo Sapiens]

Published : 01 Jun 2017, 17:12:23 | Updated : 01 Jun 2017, 17:14:59

Defence gets Tk 257.70 billion

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

 

[Homo Sapiens]

Tk 211.71b proposed for home ministry
Published : 01 Jun 2017, 18:21:26

The government allocated Tk 211.71 billion for the Ministry of Home in the proposed budget for the fiscal (FY) 2017-2018.
Tk 182.88 billion has been allocated for Public Security Division of the Home Ministry and Tk 28.83 billion Security Services Division of the Home Ministry in the proposed budget for the FY 2017-18.
Public Security Division has got an allocation of Tk 172.43 billion in non-development sector while Tk 10.45 billion in development sector and Security Services Division got Tk 18.88 billion in non-development sector and Tk 9.95 billion in the development sector.
The proposed allocation for the ministry of home is Tk 21.41 billion higher compared to the revised budget for the FY 2016-2017.
Placing the budget proposals at the parliament on Thursday, 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," he also said.
The minister added, "We are providing modern weapons and technological tools to the organisations engaged in national defence and law enforcement to enhance their capacity. Training facilities for the forces have been expanded. Our effort of modernising the forces including infrastructural development will be sustained."
In order to enhance the capacity of the police force to face contemporary challenges, there is a plan to recruit new personnel on the basis of actual need along with equipping the force with modern weapons and technological devices and providing appropriate training, he said adding, "We have also taken initiative to construct 56 barracks in different districts for resolving housing problems of female police."

http://www.thefinancialexpress-bd.com/2017/06/01/72361/Tk-211.71b-proposed-for-home-ministry/print
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Home ministry which maintains police, BGB, RAB, Ansar, Coast guard have budget of 2.65 billion dollar.So total defence+ Security budget for this year is nearly 6 billion dollar.

 

[bdslph]

Home ministry which maintains police, BGB, RAB, Ansar, Coast guard have budget of 2.65 billion dollar.So total defence+ Security budget for this year is nearly 6 billion dollar.

wow so it separated wish Home Ministry agency do the best jobs that is a lot of money

 

[UKBengali]

The ONLY viable alternative for Bangladesh, is to request CHINA, to grant us another tranche of 3-4 Billion US$, as soft loans on G2G basis, that means procurement of CHINESE WEAPONS ONLY.

Yep this looks like the way it is going.

Russia is cash strapped and is unlikely to want to upset India by supplying advanced arms to BD.

China does not care what India thinks and is able to supply advanced weapons on soft loans.

 

[BDforever]

@Aung Zaya so our defence budget of this fiscal year is $3.2 Billion while your proposed defence budget is $2.1 billion