Donors’ support that we earned | 2018-09-12 |

Donors’ support that we earned

    12 September, 2018 12:00 AM printer

The government's development effort has been hailed worldwide. The country is considered as a role model of growth. That the disbursement of foreign project assistance more than doubled in the last nine years of the Awami League government marks the increasing support of the development partners worldwide. It has been learnt that aid receipt increased by a staggering 104 per cent over the period.

Two major reasons were instrumental in making this happy development happen – political stability over a fairly long period and meteoric growth of the national economy that led to the graduation of the country from LDC status. Because of the government’s prudent handling of the internal situation, political unrest was almost absent during nine years at a stretch other than some stray incidents of violence immediate before and after the 2014 national election. The government did every thing to save lives and properties of the people and restore law and order. This political stability has helped to gain augmented aid support.

However, the Holey Artisan carnage was a major challenge in proving the government's capability of tackling the terrorist threat which has endangered peace worldwide. Effective measures taken by the government over the years have proved that it is committed to and capable of rooting out domestic terrorist threat. Excellent success in the war against terrorism has played a pivotal role in winning the hearts of foreign donors.

The government has also displayed immense courage to take up a number of mega development and infrastructural projects, with the implementation of the Padma Bridge on the basis of self-finance. This has also increased the credibility of the government internationally and prompted donors to contribute more to our economic development.

However, it is notable that the aid disbursement is not at par with the commitment of the development partners. The country has a scope to gain more confidence of the donors and increased aid flow through improving its capability to implement projects efficiently. The narrower the gap between aid commitment and actual disbursement, the better it is for the development of the country.