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Ministries can now spend double without approval


Posted on Wednesday, April 2nd, 2008 at 2:36 am
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The government has doubled the ceiling of spending of different ministries and government organs without approval of the advisory committee on purchase.

The committee at a meeting yesterday decided that the ministries, divisions, departments and directorates could now spend up to Tk 50 crore, instead of Tk 25 crore as per a 1994 decision.

“We have doubled the buying capacity as prices of materials have increased in the meantime [since 1994]“, Finance Adviser Mirza Azizul Islam told reporters after the meeting.

The committee also decided that ministries and departments could now spend up to Tk 10 crore for appointment of consultants.

Previously the ceiling was Tk 5 crore.

The finance division would now fix the ceiling of spending of different offices under the ministries, departments and corporations, sources said.

The meeting also approved proposed purchase of 50,000 sleepers for Bangladesh Railway and cancelled the earlier tender for setting up a waste treatment plant for tannery factories.

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