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Investor Presentaiton

1. Background Rationale of the Study in the context of Bangladesh Structure of LG in Bangladesh is multi-tiered and based on Local Government Institutions (LGIS) These LGIS are organised into three broad streams: Rural LGIS, Urban LGIS and local government for special areas (e.g., the Chittagong Hill Tracts) Urban LGIs are divided into city corporations and municipalities (Pourashava) governed by their respective acts, which are: Local Government (Municipality) Act, 2009 and Local Government (City Corporation) Act 2009 Municipalities are classified based on the minimum of annual revenues collected locally over the last three years. Class of Municipality Class A: Annual own source revenue ≥ BDT 10 Million Class B: Annual own source revenue ≥ BDT 6 Million Class C: Annual own source revenue > BDT 2 Million City corporations are usually bigger than municipalities and capable of generating more revenue through taxes 00 8
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