Staff Reporter

Chittagong City Corporation (CCC) announced a Tk 622,06,76,000 budget for 2008-09 fiscal yesterday.

Acting Mayor M Monzur Alam declared the budget at the auditorium of Theatre Institute of Chittagong at noon.

“ Special emphasis has been laid on five new projects worth over Tk 365 crore for massive infrastructure development of the port city having around 40 lakh population and one lakh 21 thousand holdings” the mayor said.

But the implementation of the projects aimed at making Chittagong a commercial capital in true sense depends by and large on getting government allocation or fund in due time, an issue that has long been holding back the expected progress of the city, he commented.

Chittagong Divisional Commissioner Hossain Jamil, who was present as chief guest, termed the CCC budget a 'balanced' one and urged all to play their respective role for the greater benefit of the port city.

Chief Executive Officer AKM Khairul Alam, Secretary Md Shamsuddoha, Chief Accounts Officer Narayan Chandra Paul, chairmen of different standing committees and ward commissioners were also present.

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