True.It is not really much has to do with certain foreign entity, the point is our forex reserve is running nearly empty. Both next gen frigate program and ASW choppers will cost us in billions of USD. So, it is simply not that easy.
And yes, certain foreign entity has significant influence in BD, but it didn't stop us from buying submarines last time, which they vehemently opposed.
Additionally, just before starting to run out of reserve, BD did signed a nearly $1 billion contract for the Army in june 2021.
It was planned after that, gradually MRCA & frigate program will be funded. But then of course we started to run out of forex reserve very before that.
True.
But using the army as a metric for comparison is not effective anymore. We shall consider that army itself is a entity with ~300$ million USD in yearly revenue. (UN peacekeeping & etc.) BAF & BN earns just a fraction of that.
Also about foreign reserve, Forces goal 2030 was adopted in 2009. Certainly it was starting point of the "honeymoon" period for our economy. (Sure the following 3-4 year was disappointing to say the least)
Also Forces Goal 2030 was revised for the first time in 2017. The events and what happened after that is common knowledge.