Annual Development Plan
A study on annual development program (ADP)
A budget is a quantitative expression of a plan for a defined period of time. It may include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows. It expresses strategic plans of business units, organizations, activities or events in measurable terms.
Definition of Budget
An estimation of the revenue and expenses over a specified future period of time. A budget can be made for a person, family, group of people, business, government, country, multinational organization or just about anything else that makes and spends money. A budget is a micro-economic concept that shows the tradeoff made when one good is exchanged for another.
Structure of Bangladesh Budget
The Government Budget in the country has two parts: Revenue and Development. The former is concerned with current revenues and expenditures i.e., maintenance of normal priority and essential services, while the latter is prepared for development activities. Formulation of the two budgets follows different procedures. Their financing pattern and the delegated authorities of incurring expenditure in different tiers in them are also different. Revenue budget is prepared by the Finance Division and the agency to prepare the Development budget is the Planning Commission.
Some Characteristics of Budget in Bangladesh It is effective during a financial year starting from July 1 and ending on June 30, next year Budget is divided into Revenue Budget, Capital Budget and Development Budget; The government budgeting is done on a cash basis. Both receipts and expenditures are shown in cash terms; Foreign loans are reflected on a gross receipt basis showing total disbursement; Budget is prepared on incremental basis, on the basis of upward adjustment of expenditure as against performance budgeting;
Budget Document Consists of:
A budget is a quantitative expression of a plan for a defined period of time. It may include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows. It expresses strategic plans of business units, organizations, activities or events in measurable terms.
Definition of Budget
An estimation of the revenue and expenses over a specified future period of time. A budget can be made for a person, family, group of people, business, government, country, multinational organization or just about anything else that makes and spends money. A budget is a micro-economic concept that shows the tradeoff made when one good is exchanged for another.
Structure of Bangladesh Budget
The Government Budget in the country has two parts: Revenue and Development. The former is concerned with current revenues and expenditures i.e., maintenance of normal priority and essential services, while the latter is prepared for development activities. Formulation of the two budgets follows different procedures. Their financing pattern and the delegated authorities of incurring expenditure in different tiers in them are also different. Revenue budget is prepared by the Finance Division and the agency to prepare the Development budget is the Planning Commission.
Some Characteristics of Budget in Bangladesh It is effective during a financial year starting from July 1 and ending on June 30, next year Budget is divided into Revenue Budget, Capital Budget and Development Budget; The government budgeting is done on a cash basis. Both receipts and expenditures are shown in cash terms; Foreign loans are reflected on a gross receipt basis showing total disbursement; Budget is prepared on incremental basis, on the basis of upward adjustment of expenditure as against performance budgeting;
Budget Document Consists of: