Govt unable to utilise project aid allocations for Holey Artisan attack

Govt unable to utilise project aid allocations for Holey Artisan attack

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Dhaka – Planning minister AHM Mustfa Kamal Monday said the government is unable to utilise total allocation of project assistance in annual development programme of the current fiscal due to impact of Holey Artisan Bakery terrorist attack on July 1 in last year.“It was our ill fate that the foreigners who work with the foreign funded mega projects left Bangladesh for some months after Holey Artisan Bakery terrorist attack. For this reason we could not expedite implementation work,” he said.
He made this comment while briefing the reporters at planning ministry at Sher-e-Bangla Nagar in the city.
However, Mustafa Kamal said the came back and joined their work as the government ensure their security.
The Japanese experts left Bangladesh after the holy artisan attacks who would work in different Japan International Cooperation Agency (JICA) funded project including Materbari Ultra Super Critical Coal Power Plant, he said.
With “satisfactory” improvement in law and order, Japanese consultants and contractors rejoined the projects after visiting of finance minister AMA Muhith in Japan.
At this moment JICA assists a total of 35 projects and all of those had either stalled or slowed down due to the absence of consultants and contractors.
Twenty foreigners, including Japan and U.S citizen, were killed by six heavily armed militants at an upscale restaurant in the diplomatic quarter of Dhaka on July 1 last year.
The government plans to reduce foreign fund spending by 17.5 per cent in the revised ADP for FY 2016-17 although the unused money in the pipeline has reached a new high of $36.54 billion till date.
About the big pipe line planning minister partially admitted that the implementing agencies are not capable to utilize the project assistance which is big challenges of the government.
He further said the pipe line will also increase when they will start to implement mega projects.
Unused foreign aid in the pipeline was $22.24 billion on June 30 last year, which rose to $36.54 billion till date, Mustfa Kamal said. – Staff Reporter

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