Annual Development Program definition
Annual Development Program means the Borrower’s Annual Development Program furnished to the Association in August, 2003, as such Annual Development Program may be modified from time to time by agreement between the Borrower and the Association;
Annual Development Program means the Government of Bangladesh’s program for financing development expenditures during each fiscal year.
Annual Development Program means a document, submitted along with Annual Budget Statement, indicating details of various develop- ment or schemes including status, cost of project or scheme and allo- cation during financial year to be carried out in that year;
Examples of Annual Development Program in a sentence
To that effect, the Borrower shall ensure that allocations for maintenance works, electricity, and fuel in BWDB’s existing irrigation, drainage and flood control projects not financed by the Borrower’s Annual Development Program will be increased by at least 10% per year in real terms until such time as all financial requirements for operation and maintenance are fully covered.