LGD releases Tk 1.0b for dev of municipalities

Dhaka,  Tue,  26 September 2017
Published : 18 Aug 2017, 22:08:17
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LGD releases Tk 1.0b for dev of municipalities

Local government division has released Taka 1.0 billion (100 crore) as the first and second installments of block allocation from annual development budget for fiscal 2017-18 for the development of 326 municipalities, reports BSS.

"Finance division has been directed to release nearly Taka 1.0 billion as first and second installments of block allocation for the development of 326 municipalities," Joint-Secretary of Local Government Division Rowshan Ara Begum said.

According to the directive, 169 first class municipalities would get Tk 3.2 million each, 106 second class municipalities 3.0 million  each and 51 third class municipalities Tk 2.7 million ach.

A total Tk 4.40 billion was allocated for 326 municipalities for financial year 2017-18.
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