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Slow progress triggers over 54% fund cuts for 4 metro projects

The Road Transport and Highways Division (RTHD) has proposed a deduction of Tk4,539.26 crore, representing 54.21% of the original allocation in the current fiscal year for four under-construction metro rail projects due to slower implementation progress. Following deliberations in a meeting of the Budget Working Group and the Budget Management Committee, the division offered
Bangladesh General Republic Of Abul Kashem Bhuiyan Abdul Wohab Aftab Hossain Khan Development Programme

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Revenue woes: Railway grapples with fiscal strain

The Bangladesh Railways is in dire financial straits, racking up a Tk1,117 crore operating loss in the first five months of the current fiscal year while generating only 15.78% of its targeted revenue, which experts blame on the mismatch between heavy investments in new lines and rolling stocks and stagnant revenue growth due to poor operational quality. Public transportation
Humayun Kabir Bangabandhu Sheikh Quamrul Ahsan Shamsul Hoque Ministry Of Railways Budget Management Committee

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