Dhaka, July 23 -- Development spending in Bangladesh hit rock bottom in the past fiscal year as agencies under the post-uprising government trailed far behind even the pared-down Tk 2.26-trillion Annual Development Programme.
Latest official statistics show the ADP-implementation rate in the fiscal year (FY) 2024-25 recorded a 20-year low, raising concerns about the country's economic development and job generation.
The government ministries and agencies spent only Tk 1.53 trillion or 67.85 per cent of the Tk 2.26-trillion revised ADP outlay, Implementation Monitoring and Evaluation Division (IMED) data showed.
The execution rate was 13-percentage-point lower than the 80.63 per cent in the previous FY2024, according to the official dat...
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