DNCC announces Tk 30bn budget

Staff Correspondent

6 September, 2019 12:00 AM printer

Dhaka North City Corporation (DSCC) on Thursday announced Tk30.57 billion (3057.40 crore) budget for fiscal year 2019-20.

DNCC Mayor Atiqul Islam announced the budget at a press conference at DNCC headquarters in the city.

The mayor also announced the revised budget for FY2018-19 which stood at Tk1822.63crore while the proposed budget was Tk2,567.45 crore. Of the new budget amount, DNCC will collect a total of Tk1106.40 crore as revenue. Government and foreign aid agencies are expected to provide Tk1564.64 crore for development projects.

In the new budget, emphasis will be put on mosquito control in the city.  Tk49.30 crore will be spent for the purpose, DNCC mayor said. 

DNCC will construct, renovate and develop 45 km road, 40 km drainage system and 10 km footpath under the newly announced budget.  Of the amount, Tk2335.74 crore has been fixed as development budget. Of the amount, Tk23.35 crore will be spent for environmental development and Tk15 crore for land acquisition.