Zero physical progress in 117 projects: IMED
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Tuesday
July 05, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
TUESDAY, JULY 05, 2022
Zero physical progress in 117 projects: IMED

Economy

Saifuddin Saif
01 March, 2022, 10:45 pm
Last modified: 02 March, 2022, 03:01 pm

Related News

  • Strengthen and decentralise IMED: CPD
  • Ecnec clears a Tk1,092cr project to widen Cox’s Bazar Marine Drive
  • ADP spending jumps in May, sparking fears over quality
  • Yunus got highest opportunities from AL govt but betrayed people of Bangladesh: PM
  • Over 10 lakh people to gather for Padma Bridge celebrations: Chief whip

Zero physical progress in 117 projects: IMED

An IMED report reveals frustrating capacity of fund utilisation by implementing agencies

Saifuddin Saif
01 March, 2022, 10:45 pm
Last modified: 02 March, 2022, 03:01 pm
Zero physical progress in 117 projects: IMED
Infograph: TBS

There are 117 projects with zero physical progress in the 2020-21 fiscal year (FY21) – some of the development schemes just spent for staff salary and office expenditures, with the implementation heading nowhere, according to a report of the Implementation Monitoring and Evaluation Division (IMED).

The number of projects with less than 25% of physical progress is 108. Some 131 projects report 28%-50% in terms of physical progress. The IMED report states that the implementation of these projects is not satisfactory.

The report will be presented at a meeting of the National Economic Council (NEC) on Wednesday with Prime Minister Sheikh Hasina in the chair.

It has identified some 264 projects that were ended in the last fiscal year. Of them, 140 projects completed cent percent physical works, while the remaining projects were declared completed, leaving aside implementation. 

The report has also categorised the 1954 projects commissioned in the revised annual development programme (ADP) for FY21 on the basis of the implementing agencies' capacity to utilise the allocated funds.

It said as many as 212 projects registered zero to below 25% spending against the revised annual development target last year, which has been termed "frustrating" by the monitoring and evaluation authorities.   

Not a single penny was spent in 90 projects against an allocation of Tk1,789 crore, while 122 others could spend below 25% of the allocation of Tk9,794 crore in the revised ADP, according to the report.

The reasons for the sluggish project spending noted by the IMED are typical: land acquisition issues, tender delay, lack of feasibility study and planning and project undertaking without any foreign funding assurance.          

Zaid Bakht, former research director at the public research agency Bangladesh Institute of Development Studies, said the delinquency seems to have turned frequent every year thanks to a lack of implementation sincerity.

In this regard, he referred to three major implementation flaws – uncertain land acquisition, not appointing a project director on time and project undertaking without ensuring funding.        

The ex-BIDS researcher called for sincerity, proper planning prior to project undertaking and not taking on too many projects than the capacity.      

The IMED report says out of the total 1954 projects,  spending on 130 projects hovers around 26%-50%. Some 320 projects log 51%-75% spending, while 302 works clocked an "appreciable" 100% spending.   

The IMED flagged a number of ministries and divisions with lower appetite for foreign aid. The list comprises 11 ministries and divisions, including Health Services Division, Prime Minister's Office, Internal Resources Division, Information Ministry, Law Ministry, Food Ministry, Land Ministry and Social Welfare ministry, which spent 50% or less last year.

Top News

Implementation Monitoring and Evaluation Division (IMED) / Annual Development Programme (ADP) / development / Executive Committee of the National Economic Council (Ecnec)

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Padma Bridge opens up investment spree in south
    Padma Bridge opens up investment spree in south
  • BB slaps 100% LC margin to discourage imports of cars, electronics among other items 
    BB slaps 100% LC margin to discourage imports of cars, electronics among other items 
  • Several law enforcement departments monitor the scene of a mass shooting at a Fourth of July parade route in the wealthy Chicago suburb of Highland Park, Illinois, US July 4, 2022. REUTERS/Max Herman
    Suspect captured in shooting at 4 July parade in Chicago's Highland Park suburb

MOST VIEWED

  • World Bank to give Bangladesh $18b IDA loans in next five years
    World Bank to give Bangladesh $18b IDA loans in next five years
  • Infographic: TBS
    Dhaka ranks as costliest city again in South Asia for expatriates: Survey
  • Dollar crosses Tk100 mark
    Dollar crosses Tk100 mark
  • Photo: Collected
    Tech startup ShopUp bags $65m in Series B4 funding
  • New monetary policy with higher policy rate comes Thursday
    New monetary policy with higher policy rate comes Thursday
  • Bangladesh expects $5.5b from WB, IMF in budget support
    Bangladesh expects $5.5b from WB, IMF in budget support

Related News

  • Strengthen and decentralise IMED: CPD
  • Ecnec clears a Tk1,092cr project to widen Cox’s Bazar Marine Drive
  • ADP spending jumps in May, sparking fears over quality
  • Yunus got highest opportunities from AL govt but betrayed people of Bangladesh: PM
  • Over 10 lakh people to gather for Padma Bridge celebrations: Chief whip

Features

Last month Swapan Kumar Biswas, the acting principal of Mirzapur United College, was forced to wear a garland of shoes for ‘hurting religious sentiments.’ Photo: Collected

Where do teachers rank in our society?

21h | Panorama
Japanese Ambassador Naoki Ito. Sketch: TBS

'The game-changing projects are in line with the Bay of Bengal Industrial Growth Belt initiative'

1d | Panorama
A Glittery Eid

A Glittery Eid

1d | Mode
Rise’s target customers are people who crave to express themselves through what they wear, and their clothing line is not relegated to any age range.

Level up your Eid game with Rise

1d | Mode

More Videos from TBS

Realme Narzo 50A Prime available now

Realme Narzo 50A Prime available now

12h | Videos
Export products to get diversified

Export products to get diversified

13h | Videos
Horrible routes of human trafficking

Horrible routes of human trafficking

14h | Videos
Why Mbappe cheated Real Madrid

Why Mbappe cheated Real Madrid

14h | Videos

Most Read

1
TBS Illustration
Education

Universities may launch online classes again after Eid

2
Meet the man behind 'Azke amar mon balo nei'
Splash

Meet the man behind 'Azke amar mon balo nei'

3
Padma Bridge from satellite. Photo: Screengrab
Bangladesh

Padma Bridge from satellite 

4
World Bank to give Bangladesh $18b IDA loans in next five years
Economy

World Bank to give Bangladesh $18b IDA loans in next five years

5
Illustration: TBS
Interviews

‘No Bangladeshi company has the business model for exporting agricultural product’

6
Lee Hyun-seung (third from right), head of Korea Expressway Corp.'s Overseas Project Division, shakes hands with Quazi Muhammad Ferdous, head of the Bridge Authority of Bangladesh, after signing a contract on June 29 (local time).
Bangladesh

Korean company to oversee N8 Expressway in Bangladesh

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab
BENEATH THE SURFACE
Workers ready a passenger vessel with a fresh coat of paint to the deck ahead of the Eid-ul-Azha at a dockyard at Mirerbagh in South Keraniganj. The vessel getting the makeover plies the Bhandaria route and will take holidaying people from the city to their country homes. Eid will be celebrated on 10 June this year. The photo was taken on Monday. Photo: Mumit M

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net