ADP spending limps to 20pc in July-Nov

Staff Correspondent | Published: 23:37, Dec 20,2017 | Updated: 23:45, Dec 20,2017

 
 

Progress in implementation of projects under the annual development programme remained as usually slow in the first five months of the current fiscal year 2017-2018 although implementation rate slightly increased year-on-year in the period.
The government agencies could implement only 20.11 per cent or Tk 32,997 crore of the ADP in July-November of the FY18, according to the data of the Implementation Monitoring and Evaluation Division of the planning ministry.
The implementation rate of ADP was 19.13 per cent with an expenditure of Tk 23,594 crore in the same period of FY17.
IMED data released on Wednesday showed that 57 government agencies including ministry and division spent Tk 17,718 crore from the government resources and Tk 13,648 crore from project assistance made by international lenders.
In addition, Tk 1,631 crore was spent by the state-owned corporations and autonomous bodies from their own fund.
ADP implementing agencies executed 18.55 per cent of allocation from government fund, 22.59 per cent from project assistance and 20.01 per cent from self fund.
Officials of the IMED said that ADP implementation in terms of monetary value stood at all time high in July-November while the rate is also the highest among the last five years.
But, the overall progress is not satisfactory as the agencies will have to spend the remaining 80 per cent or Tk 1,31,088 crore in next seven months which will be the most difficult task, they said.
They, however, said that ADP implementation had been hampered by floods and excessive rain in initial months of the year.
The total size of the ADP for the fiscal year is Tk 1,64,085 crore.
According to IMED data, 15 ministries and divisions which got the highest allocation could spend Tk 29,325 crore or 22.11 per cent of allocation made to them.
The government allocated Tk 1,32,633 crore or 80.83 per cent of total development budget outlay against the ministries and divisions.
Of those, Power Division implemented the highest 47.84 per cent of its allocation followed by agriculture ministry with 27.25 per cent, Road Transport and Highways Division with 26.79 per cent and Local Government Division with 23.76 per cent.
The lowest performer among the highest
allocated agency is science and technology ministry with 5.02 per cent followed by Bridges Division with 7.13 per cent implementation.
In general, religious affairs ministry achieved the highest implementation rate of 72.83 per cent while the foreign ministry implemented the lowest 0.09 per cent of its allocation in the period.

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