ADP spending drop deepest in 11yrs Star Business Report Star Business Report Development spending has marked its highest drop in absolute terms for the first time in 11 years largely due to the government pulling the brakes on implementation of low priority projects. Behind the scenes, the intent is to contain expenditure in tune with sluggish revenue generation for the Covid-19-induced economic downturn. The expenditure in the first half of fiscal 2020-21 declined 10 per cent year-on-year to Tk 51,266 crore from Tk 57,196 crore in the same period a year ago, reads data from the Implementation Monitoring and Evaluation Division. Spending had dropped less than 1 per cent in absolute terms in the July-December period of fiscal 2015-16.