• Sunday, Oct 17, 2021
  • Last Update : 10:58 pm

AL income increases for 6th year in a row in 2018

  • Published at 11:03 pm July 31st, 2019
Awami League office Bangabandhu Avenue
File photo of the Awami League central office at Bangabandhu Avenue, Dhaka Syed Zakir Hossain/Dhaka Tribune

The party fund currently stands at Tk37.57 crore

Awami League’s income increased for the sixth year in a row last year, according to the party’s annual financial report for 2018.

The party fund currently stands at Tk37.57 crore.

Prime Minister’s Political Adviser HT Imam, also co-chairman of the Awami League Election Conducting Committee, submitted the annual financial report to Election Commission at its Agargaon headquarters on Wednesday.

The report said Awami League earned Tk24,23,42,707 in 2018, while expenditure amounted to Tk18,87,80,557.

The main sources of the income were the sale of nomination forms, donations for construction of the new party office at Bangabandhu Avenue, fees and donations from party members. Meanwhile, the main sources of expenditure were salaries and bonuses for employees, the arrangement of seminars, and utility bills.

A total Tk10,88,10,000  was earned from the sale of nomination forms, while Tk1,45,19,700 was collected from party members. The party received aid amounting to Tk7,85,85,355.

On the other hand, Tk10,56,53,100  was spent on the construction of the party’s new central office.

In 2017, Awami League earned Tk20,24,96,436 and spent Tk Tk13,63,48,319.

According to Representation of the People Order (RPO), registered political parties are obliged to submit their annual Audit Report to the Election Commission by July 31 every year. If a party does not submit their annual return for three consecutive years, the Election Commission may cancel its registration.

However, parties can gain an extension by applying to the Election Commission.

BNP’s Income increases

BNP’s income increased in 2018, with a surplus of Tk6,13,27,237 in the party’s fund.

According to BNP’s annual financial report for 2018, the party earned Tk9,86,56,380 and spent Tk3,73,29,143. 

The main sources of income were the sale of nomination forms, fees and donations from party members, as well as financial aid.

In 2017, BNP’s income stood at Tk 9,46,24,902, and the party’s expenditure was Tk4,19,41,954.

The party has submitted their annual financial report to the Election Commission on Tuesday. 

53
Facebook 51
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail