18 ministries fail to use project assistance

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UNB, Dhaka :
Eighteen ministries and divisions, including key ones like Health, Water Resources and Disaster Management,
performed very poorly in utilising their project assistances during the last fiscal year (FY15).
The utilisation rate on local resources portion by 20 ministries and divisions, including ministries of Posts and Telecommunications, Textiles and Jute, Bridges Division and Social Welfare, was also poor compared to the national average local resources utilisation rate (92 pc) during the last fiscal year.
This was revealed at an implementation progress review report of the RADP for fiscal year 2014-15 submitted before the National Economic Council (NEC) meeting recently.
The Implementation Monitoring and Evaluation Division (IMED) of the Planning Ministry submitted the report.
According to the IMED, about Tk 71,143.72 crore was spent in the last fiscal year out of the revised ADP allocation of TK 77,836.05 crore, raising the implementation rate to 91 percent.
The last fiscal year also witnessed Tk 11,384 crore more expenditure than the FY14-15. The ratio of expenditure of local resources, project assistance and organization’s own fund in the RADP of last fiscal year reached 65:32:3.
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