PDs to get more financial power

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UNB, Dhaka :
The Cabinet on Monday cleared in principle the proposal for increasing the financial power of project directors and field-level officials, including the ones at the divisional, district and upazila levels.
As per the proposal, amendments will be brought to the relevant circulars on Delegation of Financial Powers for Development Projects and Delegation of Financial Powers and Sub-Delegation of Power for non-development revenue expenditure.
The approval was given at the regular weekly meeting of the Cabinet held at the Secretariat with Prime Minister Sheikh Hasina in the chair.
Briefing reporters after the meeting, Cabinet Secretary M Musharraf Hossain Bhuiyan said that this step would help expedite the decision-making process and bring dynamism into government’s development activities.
With the decision, the Cabinet Secretary said, the financial power of the ministries will remain unchanged. Currently, the ministries need approval of the cabinet committee on government purchase in case of works and procurement of goods and materials when the cost amount exceeds Tk 50 crore and Tk 10 crore in case of consultancy and services.
Bhuiyan said the circulars were last amended in 2008 and since then the size of the national budget as well as the Annual Development Programme
(ADP) has increased manifold.
Under the perspective, the Finance Division suggested increasing the financial powers of the field and project director-level officials.
But, he said, the Finance Division after consulting the ministries and divisions concerned would decide how much the amount would be increased in case of the project director, divisional, regional, district and upazila-level officials.
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