The country’s construction sector is facing one of its worst slowdowns in years as weaker public development spending, slower private investment and high borrowing costs reduce demand for housing and construction materials.

Government spending under the Annual Development Programme (ADP) slowed to a three-year low in the first 10 months of the current fiscal year (FY) of 2023-24, with the implementation rate dropping to 49.26 percent.

The amount is 8.58 percentage points lower than the previous year

IMED secretary says at CPTU's workshop

Why are all of railway projects running behind schedule?

The digitalisation of 66 percent of the services offered by six ministries/divisions has saved both time and money of the ordinary people and also ensured service delivery, found a recent study by the Implementation Monitoring and Evaluation Division.

Everywhere it is the same old story. Roads built get washed away after the first rains. Recently built bridges and culverts show cracks.