Friday, November 16, 2018 | ePaper

CCC declares Tk.2425 cr budget for FY 2018-19

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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.

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