Enhancing financial management capacities of LGIs stressed

Enhancing financial management capacities of LGIs stressed

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Enhancing capacities of the local government institutions (LGIs) in financial management could ensure a proper utilisation of resources to further accelerate rural development ensuring transparency.

The observations came at a training course on ‘Financial management and procurement’ organised for the union parisahd (UP) chairmen and secretaries held in the conference room of the deputy commissioner (DC) here on Saturday.

The district administration organised the training course under the Union Parishad Governance Project (UPGP) with financial support of the European Union (EU), Danida, United Nations Capital Development Fund (UNCDF) and UNDP.

The main objective of arranging the training course was to enhance capacity of the union parishad chairmen and secretaries in formulating budgets and implementing those ensuring a proper management in the financial sector and procurements.

With Deputy Commissioner Rahat Anwar in the chair, divisional director of the Local Government Mohd Mominur Rahman attended the training course as the chief guest.

Deputy secretary of the Ministry of Finance Shish Haider Chowdhury

conducted the training course as the main resource person.

The chief guest put emphasis on preparing time-befitting union parisahd budgets by union parishad chairmen and secretaries and implementing those with participation of the common people ensuring transparency in financial management.

“Formulation and implementation of need-based budgets by the LGIs would further accelerate rural development to attain the sustainable development goals in building a middle income Bangladesh by 2021 and developed nation by 2041,” he said, reports BSS, Rangpur.

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