Chattogram Bureau :
City Mayor of Chattogram AJM Nasir Uddin declares annual budget for the fiscal 2018-19 amounting to Tk.2,425.00 crores alongwith revised budget of Tk.883.38 crores for 2017-18, City Mayor read out the budget proposals before the journalists at its auditorium yesterday afternoon. Out of the total budget amount , income receipts shown from own sources at Tk.695 crores and the remaining Tk.1730.50 cr from different sources including aids and govt assistance.
In the proposed budget total expenditures shown Tk.2424 crores with highest allocations for wages, salary and allowances of the CCC officials and employees of different kinds at Tk.273 cores.
Highest allocation proposed for education, health and conservancy sectors. Priority will he given for road development, renovations of culverts, drains, excavation of khals to address the sufferings of the city dwellers.
Chief Executive officer of CCC Md. Shamsudoha presided over the budget session in presence of all councilors and departmental heads of the corporation.
The highest earning will come from grants for development, which is Tk 1,680 crore, and the highest expenditure has been set for development work worth Tk 1,355 crore.
Budget for the last fiscal year, 2017-18, was Tk 2,327 crore, but CCC could execute only 38 percent of it. This year, the budget has increased by four percent.
Grant for development was also not satisfactory in the last fiscal. CCC expected grants worth Tk 1,290 crore, but received only Tk 442 crore.
Declaring the budget, AJM Nasir said in course of time industries have expanded in the port city, commercial activities have increased and demands of the city dwellers have also skyrocketed.
CCC, for the first time in their budget, allocated Tk 2 crore for the rehabilitation of people with drug addiction.
“Budget is not only a document of income and expenditure; it also reflects people’s desire for development. With our limited resources, we are giving our level best efforts to meet the demands of the city dwellers,” he said.
City Mayor of Chattogram AJM Nasir Uddin declares annual budget for the fiscal 2018-19 amounting to Tk.2,425.00 crores alongwith revised budget of Tk.883.38 crores for 2017-18, City Mayor read out the budget proposals before the journalists at its auditorium yesterday afternoon. Out of the total budget amount , income receipts shown from own sources at Tk.695 crores and the remaining Tk.1730.50 cr from different sources including aids and govt assistance.
In the proposed budget total expenditures shown Tk.2424 crores with highest allocations for wages, salary and allowances of the CCC officials and employees of different kinds at Tk.273 cores.
Highest allocation proposed for education, health and conservancy sectors. Priority will he given for road development, renovations of culverts, drains, excavation of khals to address the sufferings of the city dwellers.
Chief Executive officer of CCC Md. Shamsudoha presided over the budget session in presence of all councilors and departmental heads of the corporation.
The highest earning will come from grants for development, which is Tk 1,680 crore, and the highest expenditure has been set for development work worth Tk 1,355 crore.
Budget for the last fiscal year, 2017-18, was Tk 2,327 crore, but CCC could execute only 38 percent of it. This year, the budget has increased by four percent.
Grant for development was also not satisfactory in the last fiscal. CCC expected grants worth Tk 1,290 crore, but received only Tk 442 crore.
Declaring the budget, AJM Nasir said in course of time industries have expanded in the port city, commercial activities have increased and demands of the city dwellers have also skyrocketed.
CCC, for the first time in their budget, allocated Tk 2 crore for the rehabilitation of people with drug addiction.
“Budget is not only a document of income and expenditure; it also reflects people’s desire for development. With our limited resources, we are giving our level best efforts to meet the demands of the city dwellers,” he said.