Existing planning process impractical: Muhith

Terming the existing planning process too impractical, Finance Minister AMA Muhith on Monday stressed the need for a new planning process to have better development outcomes. “The way projects are prepared now following PEC and Ecnec is much impractical…project proforma are archaic and useless for the present time. We’ll have to change it,” he said. The minister was talking to reporters after holding a pre-budget meeting with the secretaries of different ministries and divisions at the NEC conference room in the city’s Sher-e-Bangla Nagar area in the afternoon. He also noted that at least 10 per cent of the procurement budget of the ministries should be done through e-tendering, according to a news agency.