Financial Powers, Delegation of - Revision history

Mukbil at 14:08, 15 October 2023

2023-10-15T14:08:42Z

← Older revision		Revision as of 14:08, 15 October 2023
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	'''Financial Powers, Delegation of''' powers delegated to the administrative ministries or divisions across the government in financial matters. Under the [[Rules of Business\|rules of business]] of 1975 (issued in revised form in 1996), references to the Ministry of Finance are mandatory on all issues involving finances in specified areas. As a general rule, the ministries/divisions and their attached departments and autonomous organisations are free to incur expenditure within the budget allocations made by the finance division with the approval of the Jatiya Sangsad.		'''Financial Powers, Delegation of''' refers to the powers delegated to the administrative ministries or divisions across the government in financial matters. Under the [[Rules of Business\|rules of business]] of 1975 (issued in revised form in 1996), references to the Ministry of Finance are mandatory on all issues involving finances in specified areas. As a general rule, the ministries/divisions and their attached departments and autonomous organisations are free to incur expenditure within the budget allocations made by the finance division with the approval of the [[Jatiya Sangsad\|jatiya sangsad]].

	The delegation of financial powers made by the finance division fall into two broad categories: first, those relating to the revenue budget, and second, those relating to the development budget. All financial matters in relation to the revenue budget are to be disposed of by the ministries/divisions themselves in accordance with the provisions laid down in various codal rules and government instructions and orders. In pursuance of an office memorandum issued on 15 August 1983 by the Finance Ministry's finance division, it was decided to minimize frequent references to the finance division. To that end, the finance division's office memorandum specified in an annex a list of twenty-seven cases on which reference has to be made to that division. Although a minor revision was made in April 1990 in relation to it, the list of twenty-seven items remained basically the same.		The delegation of financial powers made by the finance division fall into two broad categories: first, those relating to the revenue budget, and second, those relating to the development budget. All financial matters in relation to the revenue budget are to be disposed of by the ministries/divisions themselves in accordance with the provisions laid down in various codal rules and government instructions and orders. In pursuance of an office memorandum issued on 15 August 1983 by the Finance Ministry's finance division, it was decided to minimize frequent references to the finance division. To that end, the finance division's office memorandum specified in an annex a list of twenty-seven cases on which reference has to be made to that division. Although a minor revision was made in April 1990 in relation to it, the list of twenty-seven items remained basically the same.

	Another office memorandum, issued in April 1994 by the finance division, contains as many as thirty-three cases or areas where the powers for implementation of development budget are delegated in full or in part. The heads of various attached departments, including the development-related project directors under such departments, have been allowed to enjoy varying powers depending upon the nature and size of their projects. The ~~projects are categorized, depending~~ on ~~the financial outlay~~, ~~into A~~, ~~B and C~~. ~~A category project is limited~~ to ~~taka 50 million~~, ~~B category project above taka 50 million but not exceeding taka 100 million, whereas C category projects have financial outlay~~ of ~~above taka 100 million~~.		Another office memorandum, issued in April 1994 by the finance division, contains as many as thirty-three cases or areas where the powers for implementation of development budget are delegated in full or in part. The heads of various attached departments, including the development-related project directors under such departments, have been allowed to enjoy varying powers depending upon the nature and size of their projects.

			The latest decision in this regard was made public on August 16, 2015 for both types of budgetary expenditures (Finance Divisions Office Memorandum no. 07.00.0000.151.22.003.15.351(1) dated August 16, 2015). The said notification refers to the earlier delegation of February 3, 2005 and the order on the Model for Sub-delegation of Financial Powers.

	~~The~~ authority for ~~project approval is~~ also delegated ~~between~~ the ~~relevant ministers and~~ the ~~planning minister~~, on the ~~one hand~~, and the ~~Executive~~ Committee ~~of [[National Economic Council\|national economic council]]~~ on ~~the other~~. ~~The relevant ministers can approve only Technical Assistance Project Proposals costing up to taka~~ 10 ~~million, and the authority~~ to ~~approve over taka 10 million lies with~~ the ~~Minister~~ for ~~Planning~~. ~~He can also approve~~ an ~~investment project up to taka 100 million. All~~ cases ~~above taka 100 million require the~~ approval of ~~the Executive Committee of the National Economic Council (ECNEC)~~. [AMM Shawkat Ali]		It is seen from existing Delegation of Financial Powers that in case of revenue expenditure, financial limits for incurring expenditure have increased. Besides, in the earlier memos of delegated authority there were twenty-seven cases which had to be referred to the Finance Division for decision. This has since been reduced to fourteen. The latest order also points out that previously, the delegated powers were not specific in some cases for which revision was necessary. The decision on delegated powers further casts a number of responsibilities on the Secretaries (includes Senior Secretary, Secretary in charge) in matters relating to expenditures in their capacity as Principal Accounting Officers.

			The other important features of the decision on delegated powers are (i) the ministry or division shall further delegated its power to the attached department as deemed necessary, (ii) at the beginning of each financial year, annual procurement plan will have to be prepared and approval obtained from the Head of Procurement Entity (HOPE) and (iii) in civil works related cases, expenditures above Tk. 50 crore will have to be submitted to the Cabinet Committee on Procurement and for expenditure above Tk. 10 crore for consultancy services similar action as above to be taken.

			Part II of the memo for Delegation of Powers relates to expenditure under development budget. This part, in an annex, has provided a list of fifteen cases for which approval by Finance Division shall be necessary. This apart, financial power for ministry/division attached departments and Project Director have been delegated some of which are subject to public procurement act/rules including other procedures as are applicable. [AMM Shawkat Ali]

	[[bn:আর্থিক ক্ষমতা অর্পণ]]		[[bn:আর্থিক ক্ষমতা অর্পণ]]

Mukbil at 15:00, 25 August 2021

2021-08-25T15:00:03Z

← Older revision		Revision as of 15:00, 25 August 2021
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	'''Financial Powers, Delegation of''' powers delegated to the administrative ministries or divisions across the government in financial matters. Under the [[rules of business]] of 1975 (issued in revised form in 1996), references to the Ministry of Finance are mandatory on all issues involving finances in specified areas. As a general rule, the ministries/divisions and their attached departments and autonomous organisations are free to incur expenditure within the budget allocations made by the finance division with the approval of the Jatiya Sangsad.		'''Financial Powers, Delegation of''' powers delegated to the administrative ministries or divisions across the government in financial matters. Under the [[Rules of Business\|rules of business]] of 1975 (issued in revised form in 1996), references to the Ministry of Finance are mandatory on all issues involving finances in specified areas. As a general rule, the ministries/divisions and their attached departments and autonomous organisations are free to incur expenditure within the budget allocations made by the finance division with the approval of the Jatiya Sangsad.

	The delegation of financial powers made by the finance division fall into two broad categories: first, those relating to the revenue budget, and second, those relating to the development budget. All financial matters in relation to the revenue budget are to be disposed of by the ministries/divisions themselves in accordance with the provisions laid down in various codal rules and government instructions and orders. In pursuance of an office memorandum issued on 15 August 1983 by the Finance Ministry';s finance division, it was decided to minimize frequent references to the finance division. To that end, the finance division';s office memorandum specified in an annex a list of twenty-seven cases on which reference has to be made to that division. Although a minor revision was made in April 1990 in relation to it, the list of twenty-seven items remained basically the same.		The delegation of financial powers made by the finance division fall into two broad categories: first, those relating to the revenue budget, and second, those relating to the development budget. All financial matters in relation to the revenue budget are to be disposed of by the ministries/divisions themselves in accordance with the provisions laid down in various codal rules and government instructions and orders. In pursuance of an office memorandum issued on 15 August 1983 by the Finance Ministry's finance division, it was decided to minimize frequent references to the finance division. To that end, the finance division's office memorandum specified in an annex a list of twenty-seven cases on which reference has to be made to that division. Although a minor revision was made in April 1990 in relation to it, the list of twenty-seven items remained basically the same.

	Another office memorandum, issued in April 1994 by the finance division, contains as many as thirty-three cases or areas where the powers for implementation of development budget are delegated in full or in part. The heads of various attached departments, including the development-related project directors under such departments, have been allowed to enjoy varying powers depending upon the nature and size of their projects. The projects are categorized, depending on the financial outlay, into A, B and C. A category project is limited to taka 50 million, B category project above taka 50 million but not exceeding taka 100 million, whereas C category projects have financial outlay of above taka 100 million.		Another office memorandum, issued in April 1994 by the finance division, contains as many as thirty-three cases or areas where the powers for implementation of development budget are delegated in full or in part. The heads of various attached departments, including the development-related project directors under such departments, have been allowed to enjoy varying powers depending upon the nature and size of their projects. The projects are categorized, depending on the financial outlay, into A, B and C. A category project is limited to taka 50 million, B category project above taka 50 million but not exceeding taka 100 million, whereas C category projects have financial outlay of above taka 100 million.

	The authority for project approval is also delegated between the relevant ministers and the planning minister, on the one hand, and the Executive Committee of [[national economic council]] on the other. The relevant ministers can approve only Technical Assistance Project Proposals costing up to taka 10 million, and the authority to approve over taka 10 million lies with the Minister for Planning. He can also approve an investment project up to taka 100 million. All cases above taka 100 million require the approval of the Executive Committee of the National Economic Council (ECNEC). [AMM Shawkat Ali~~] [Ali, AMM Shawkat former Secretary, Government of Bangladesh~~]		The authority for project approval is also delegated between the relevant ministers and the planning minister, on the one hand, and the Executive Committee of [[National Economic Council\|national economic council]] on the other. The relevant ministers can approve only Technical Assistance Project Proposals costing up to taka 10 million, and the authority to approve over taka 10 million lies with the Minister for Planning. He can also approve an investment project up to taka 100 million. All cases above taka 100 million require the approval of the Executive Committee of the National Economic Council (ECNEC). [AMM Shawkat Ali]

	[[bn:আর্থিক ক্ষমতা অর্পণ]]		[[bn:আর্থিক ক্ষমতা অর্পণ]]

Nasirkhan: Content Updated.

2021-06-18T06:00:10Z

Content Updated.

← Older revision		Revision as of 06:00, 18 June 2021
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	~~<p class=Normal >~~'''Financial Powers, Delegation of''' powers delegated to the administrative ministries or divisions across the government in financial matters. Under the [[rules of business]] of 1975 (issued in revised form in 1996), references to the Ministry of Finance are mandatory on all issues involving finances in specified areas. As a general rule, the ministries/divisions and their attached departments and autonomous organisations are free to incur expenditure within the budget allocations made by the finance division with the approval of the Jatiya Sangsad.		'''Financial Powers, Delegation of''' powers delegated to the administrative ministries or divisions across the government in financial matters. Under the [[rules of business]] of 1975 (issued in revised form in 1996), references to the Ministry of Finance are mandatory on all issues involving finances in specified areas. As a general rule, the ministries/divisions and their attached departments and autonomous organisations are free to incur expenditure within the budget allocations made by the finance division with the approval of the Jatiya Sangsad.

	~~<p class=Normal >~~The delegation of financial powers made by the finance division fall into two broad categories: first, those relating to the revenue budget, and second, those relating to the development budget. All financial matters in relation to the revenue budget are to be disposed of by the ministries/divisions themselves in accordance with the provisions laid down in various codal rules and government instructions and orders. In pursuance of an office memorandum issued on 15 August 1983 by the Finance Ministry';s finance division, it was decided to minimize frequent references to the finance division. To that end, the finance division';s office memorandum specified in an annex a list of twenty-seven cases on which reference has to be made to that division. Although a minor revision was made in April 1990 in relation to it, the list of twenty-seven items remained basically the same.		The delegation of financial powers made by the finance division fall into two broad categories: first, those relating to the revenue budget, and second, those relating to the development budget. All financial matters in relation to the revenue budget are to be disposed of by the ministries/divisions themselves in accordance with the provisions laid down in various codal rules and government instructions and orders. In pursuance of an office memorandum issued on 15 August 1983 by the Finance Ministry';s finance division, it was decided to minimize frequent references to the finance division. To that end, the finance division';s office memorandum specified in an annex a list of twenty-seven cases on which reference has to be made to that division. Although a minor revision was made in April 1990 in relation to it, the list of twenty-seven items remained basically the same.

	~~<p class=Normal >~~Another office memorandum, issued in April 1994 by the finance division, contains as many as thirty-three cases or areas where the powers for implementation of development budget are delegated in full or in part. The heads of various attached departments, including the development-related project directors under such departments, have been allowed to enjoy varying powers depending upon the nature and size of their projects. The projects are categorized, depending on the financial outlay, into A, B and C. A category project is limited to taka 50 million, B category project above taka 50 million but not exceeding taka 100 million, whereas C category projects have financial outlay of above taka 100 million.		Another office memorandum, issued in April 1994 by the finance division, contains as many as thirty-three cases or areas where the powers for implementation of development budget are delegated in full or in part. The heads of various attached departments, including the development-related project directors under such departments, have been allowed to enjoy varying powers depending upon the nature and size of their projects. The projects are categorized, depending on the financial outlay, into A, B and C. A category project is limited to taka 50 million, B category project above taka 50 million but not exceeding taka 100 million, whereas C category projects have financial outlay of above taka 100 million.

	~~<p class=Normal >~~The authority for project approval is also delegated between the relevant ministers and the planning minister, on the one hand, and the Executive Committee of [[national economic council]] on the other. The relevant ministers can approve only Technical Assistance Project Proposals costing up to taka 10 million, and the authority to approve over taka 10 million lies with the Minister for Planning. He can also approve an investment project up to taka 100 million. All cases above taka 100 million require the approval of the Executive Committee of the National Economic Council (ECNEC). [AMM Shawkat Ali] [Ali, AMM Shawkat former Secretary, Government of Bangladesh]		The authority for project approval is also delegated between the relevant ministers and the planning minister, on the one hand, and the Executive Committee of [[national economic council]] on the other. The relevant ministers can approve only Technical Assistance Project Proposals costing up to taka 10 million, and the authority to approve over taka 10 million lies with the Minister for Planning. He can also approve an investment project up to taka 100 million. All cases above taka 100 million require the approval of the Executive Committee of the National Economic Council (ECNEC). [AMM Shawkat Ali] [Ali, AMM Shawkat former Secretary, Government of Bangladesh]

	[[bn:আর্থিক ক্ষমতা অর্পণ]]		[[bn:আর্থিক ক্ষমতা অর্পণ]]

0:0:0:0:0:0:0:1: Content Updated.

2021-06-17T19:10:05Z

Content Updated.

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<p class=Normal >'''Financial Powers, Delegation of''' powers delegated to the administrative ministries or divisions across the government in financial matters. Under the [[rules of business]] of 1975 (issued in revised form in 1996), references to the Ministry of Finance are mandatory on all issues involving finances in specified areas. As a general rule, the ministries/divisions and their attached departments and autonomous organisations are free to incur expenditure within the budget allocations made by the finance division with the approval of the Jatiya Sangsad.

<p class=Normal >The delegation of financial powers made by the finance division fall into two broad categories: first, those relating to the revenue budget, and second, those relating to the development budget. All financial matters in relation to the revenue budget are to be disposed of by the ministries/divisions themselves in accordance with the provisions laid down in various codal rules and government instructions and orders. In pursuance of an office memorandum issued on 15 August 1983 by the Finance Ministry';s finance division, it was decided to minimize frequent references to the finance division. To that end, the finance division';s office memorandum specified in an annex a list of twenty-seven cases on which reference has to be made to that division. Although a minor revision was made in April 1990 in relation to it, the list of twenty-seven items remained basically the same.

<p class=Normal >Another office memorandum, issued in April 1994 by the finance division, contains as many as thirty-three cases or areas where the powers for implementation of development budget are delegated in full or in part. The heads of various attached departments, including the development-related project directors under such departments, have been allowed to enjoy varying powers depending upon the nature and size of their projects. The projects are categorized, depending on the financial outlay, into A, B and C. A category project is limited to taka 50 million, B category project above taka 50 million but not exceeding taka 100 million, whereas C category projects have financial outlay of above taka 100 million.

<p class=Normal >The authority for project approval is also delegated between the relevant ministers and the planning minister, on the one hand, and the Executive Committee of [[national economic council]] on the other. The relevant ministers can approve only Technical Assistance Project Proposals costing up to taka 10 million, and the authority to approve over taka 10 million lies with the Minister for Planning. He can also approve an investment project up to taka 100 million. All cases above taka 100 million require the approval of the Executive Committee of the National Economic Council (ECNEC). [AMM Shawkat Ali] [Ali, AMM Shawkat former Secretary, Government of Bangladesh]

[[bn:আর্থিক ক্ষমতা অর্পণ]]