Increased allocation proposed for sports

allocation proposed for sports

Finance minister AHM Mustafa Kamal proposed to increase the allocation for sports by Tk 174.638 million in the financial year 2022-23.

The minister announced the proposed national budget for the 2022-23 fiscal in the parliament on Thursday.

He proposed to allocate Tk 12.8163 billion to the ministry of youth and sports. In the ongoing fiscal year, the sports ministry was allocated Tk 11.226 billion.

In the revised budget for FY 2021-22, the development expenditure was Tk 4.5917 billion, and the operating expenditure was Tk 8.05 billion. In the proposed budget, development expenditure has been reduced to Tk 4.0569 billion while operating expenses increased to Tk 8.76 billion.

The finance minister said, “There are 8 ongoing projects in FY2021-2022 for construction and development of sports infrastructure, one of which is the ‘Construction of Sheikh Russell Mini Stadium at Upazila level’ project.

He further said, “Side by side, steps have been taken for the training of the players by skilled and experienced coaches with the aim of producing skilled players, Stanley Cup Playoffs 2022 improving the quality of rural sports, and provision of long-term training for talented players selected through sports talent search.

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