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The Financial Express

Awami League’s income declined by 51pc in 2020

| Updated: September 01, 2021 18:44:07


Awami League’s income declined by 51pc in 2020

The income of Awami League in 2020 was about Tk 103.3 million, 51 per cent down from that of 2019, according to its audited financial statement submitted to the election commission on Sunday.

The expenditures of the ruling party increased by Tk 17.3 million in 2020, compared to that of the previous year. The party’s total income was Tk 10,33,43,33 in 2020, which was over Tk 210 million in 2019, reports UNB.

A delegation of the party, led by its publicity and publication secretary Abdus Sobhan Golap, handed over the financial statement of the 2020 calendar year to EC Secretary Md Humayun Kabir Khandaker at Nirbachan Bhaban in the city.

Later, Abdus Sobhan Golap told reporters that their party’s income largely comes from the subscriptions of its members, sale of nomination forms and donations from various individuals and organisations. 

In 2020, the income declined as it earned less from the sale of nomination forms, and there was no income from the triennial council of the party in 2019, he said.

AL spent Tk 9,94,49,931 in the calendar year, Tk 1,73,48,356 more than it spent in 2019.

The expenditures went up for conducting relief activities amid the COVID-19 pandemic, providing donations to party-nominated candidates in different elections and the rise in the expenses against different publications.

AL office secretary and Prime Minister’s special assistant Barrister Biplab Barua and deputy office secretary Sayem Khan were other members of the AL team.

On Thursday, BNP submitted its 2020 financial statement before the Election Commission.

The income of BNP was Tk 12.3 million and expenditure was Tk 17.5 million in 2020. The additional expenditure was met from its previous fund.

As per the law, each registered political party is obliged to submit the financial statement of the previous calendar year by July 31, but the Election Commission extended the deadline by one month.

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