ADP implementation reaches 50pc in 10 months

block
Economic Reporter :
The implementation status of the Annual Development Programme (ADP), including that of the self financed projects, during the first 10 months (July-April) of the current fiscal year (FY16) fared not so good as it reached 50.12 percent with an overall expenditure of Tk 47,060 crore.
The implementation rate is 5.88 percent less than the July-April period of the last fiscal year, when the overall expenditure was Tk 43,333 crore with 56 percent implementation rate.
The ADP implementation status during the July-April period of 2013-14 fiscal year totaled 54 percent with an expenditure of Tk 34,557 crore.
The ADP implementation status figures compiled by the IMED showed that out of the overall amount in this July-April period, the executing agencies could spend only Tk 29,948 crore or 48 percent from the state exchequer while Tk 15,160 crore or 52 percent from project assistance while Tk 1,952 crore or 67 percent from the organisations’ own fund.
According to the latest data of the Implementation, Monitoring and Evaluation Division (IMED) of the Planning Ministry, the Cabinet Division achieved the highest implementation rate of 123 percent during this July-April period while the Planning Division the lowest utilisation rate of 7 percent.
The ministries and divisions those attained better utilisation rate include Local Government Division (63 percent), Power Division (61 percent), Primary and Mass Education Ministry (55 percent), Education Ministry (48 percent), Agriculture Ministry (61 percent), Home Ministry (58 percent), Shipping Ministry (42 percent), Religious Affairs Ministry (55 percent).
The utilisation rate of other ministries and divisions are Housing and Public Works Ministry (41 percent), Information Ministry (45 percent), Bridges Division (41 percent), Railways Ministry (46 percent), Health and Family Welfare Ministry (38 percent), Energy and Mineral Resources Division (55 percent), Water Resources Ministry (44 percent), Science and Technology Ministry (63 percent), Industries Ministry (18 percent), Election Commission Secretariat (21 percent), Environment and Forests Ministry (52 percent) and Internal Resources Division (17 percent).
Earlier on April 5, the National Economic Council (NEC) approved a Tk 93,894.68 crore overall Revised Annual Development Programme (RADP) for the current fiscal year, including that of the self-financed projects, down from the overall ADP outlay of Tk 100996.92 crore apparently due to the slow pace in the implementation. The overall RADP size is Tk 7,102.24 crore less compared to the original overall ADP size.
According to the IMED, the implementation status of the Revised Annual Development Programme (RADP) finally stood at 91 percent in the FY15, including corporations’ self financed projects, mainly because of the three-month political turmoil and non utilization of hefty amount in the Padma Bridge project.
block