Bangladesh, March 15 -- The state-owned Bangladesh Railway (BR) is unable to spend 38 per cent of the funds allocated for nine donor-aided projects this fiscal year (FY) due to a poor pace of implementation.
Sources said in the Revised Annual Development Programme (RADP), the BR sought Tk 40 billion as an estimated Tk 24 billion might lie unspent by the end of FY '19.
The budgetary allocation for the foreign-aided railway projects was Tk 64.25 billion.
Sources said the state-owned rail operator could use only 13 per cent of the funds by January.
They spoke of poor performance in implementing the Padma rail link, Dohazari-Cox's Bazar-Gundum rail track development and Khulna-Mongla Port line construction projects.
Project offices have su...