Election Commission Urges Political Parties and Candidates to Use Designated Bank Accounts for Campaign Finance Ahead of February 21 Polls
Summary
The Election Commission has urged political parties and candidates to open designated bank accounts to manage election campaign finances for the upcoming February 21 elections, emphasizing transparency and regulation compliance.
Key Points
- The Election Commission directed political parties and candidates to use designated bank accounts for managing election campaign finances.
- The procedure for bank account operation in election campaigns was approved by the Commission on Tuesday and is available on the Commission's website.
- Banks and financial institutions have been instructed to support this mandate by the Commission.
- This initiative aims to ensure transparency by linking campaign expenditures with the banking system as per the Election Commission Act, 2073.
