ADP spending stands only at 45.65pc in 9 months

Staff Correspondent | Published: 21:39, Apr 11,2018 | Updated: 01:41, Apr 12,2018

 
 

Progress in implementation of the annual development programme remained sluggish in the first nine months of the current fiscal year 2017-2018 as the government agencies could implement only 45.65 per cent of the total ADP outlay.
According to Implementation Monitoring and Evaluation Division data, 57 ADP implementing ministries and divisions of the government in July-March of FY 2018 spent Tk 71,940 crore, out of the total allocation of Tk 1,57,594 crore for the year.
In nine months of the last FY 2017, the agencies spent Tk 53,864 crore or 45.15 per cent of the total ADP allocation of Tk 1,19,296 crore for the year.
Planning minister AHM Mustafa Kamal on Wednesday revealed the data at a press briefing held at the NEC auditorium at Agargaon in the city.
The government will have to spend more than 54 per cent or Tk 85,654 crore of the ADP fund in remaining three months of the fiscal year that may push the development officials to go for an expenditure spree, like the previous years.
Every year, the rate of ADP implementation remains below 50 per cent in the first three quarters but by the end of the fiscal year the rate reaches above 90 per cent due to the hurried expenditure in the last quarter compromising with quality of development works.
Such practices also cause wastage of taxpayers’ money, allege experts and officials.
They attribute inefficiency of development officials in implementing such a huge development budget along with some traditional problems including delay in land acquisition, procurement, and appointment of project directors and disbursement of foreign loans to the slow progress.
Kamal said that he took initiatives to expedite implementation of the ADP.
He said he had already held meetings with top officials of the ministries, like railway ministry, which were lagging behind in making satisfactory progress and given necessary instructions.
Replying to a question about the banking sector, he said that the oversight mechanism of the regulator (Bangladesh Bank) was not effective causing ‘miserable situation’ in the banking sector.
According to the IMED data, the implementing agencies managed to spend only 40.35 per cent of allocation from the government fund and 55.94 per cent of foreign assistance in July-March of FY 2018.
The top 15 ministries and divisions which got 85.67 per cent of total allocation or Tk 1,35,017 crore achieved only 47.04 per cent progress in the period.
Of the ministries and divisions, Prime Minister’s Office spent only 17.04 per cent and railway ministry spent 19.23 per cent in nine months.
Economic Resources Division of the finance ministry achieved the highest implementation rate at 74.63 per cent followed by Power Division with 70.62 per cent.
Bangladesh Parliament Secretariat remained at the bottom of the chart spending only 2.02 per cent followed by Internal Resource Division with 7.87 per cent, the data showed.

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