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Implementation of government’s stimulus package, announced to absorb the economic shock from the coronavirus pandemic, saw a mixed progress as around 26 percent of the massive Tk 111,141-crore scheme was disbursed in four months till July.
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Around 68 percent of the people who had to stop working in urban areas of Dhaka and Chattogram due to the pandemic have lost their jobs, according to a World Bank report.
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Despite some loopholes, the implementation of an electronic system for public procurement, replacing paper-based lengthy process, has been a boon for Bangladesh as it is saving millions of dollars and reducing time in the bidding process, the World Bank said.
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Bidders need to give bribes in the form of financial benefits, arrange trips and host dinners for government officials to win public procurement contracts, says a World Bank report.
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The planning ministry has expressed dissatisfaction over a decision to put on hold implementation of low-priority projects.
