Bangladesh Defence & Security Budget 2016-17 A 75 Percent Hike

BANGLADESH DEFENCE & SECURITY BUDGET 2016-17  A 75 PERCENT HIKE  A combination of factors such as robust economic growth of over 6 percent for the past five years and in general during the decade, aspirations of the country to play a larger geo-political and security role manifesting in participation in the UN Peace Keeping, traditional insecurities in relation to the larger neighbour India and Myanmar, increase necessity for security of resources particularly in the EEZ, geo-political push by external players as China and marketing by global defence majors and rising trend of violent extremism are some of the factors that is leading Bangladesh to increase investment in defence and security. This was evident with a 20.3 percent increase in the defence allocations for 2016-17...
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