Business Desk :
Finance Minister Abul Maal Abdul Muhith on Sunday said the implementation rate of Annual Development Programme (ADP) is expected to reach 93 percent in the current fiscal year (FY18) as the government’s expenditures for development are very well than the previous fiscal (FY17).
“Implementation progresses of the Annual Development Plan is very well . . . the 35 per cent of the ADP has been implemented in the first six months of the current fiscal,” he told journalists after a meeting with the BCS (Customs and VAT) Association and the BCS (Taxation) Association at the finance ministry here.
For 2017-18, the government set aside Taka 1,64,085 crore for development spending, which was revised down to Taka 1,57,594 crore in a recent meeting of the National Economic Council (NEC).
Every week, Muhith said, the government holds ECNEC meeting and evaluates the implementation progress of development projects which is one of the reasons for good performance in implementation of ADP.
Finance Minister Abul Maal Abdul Muhith on Sunday said the implementation rate of Annual Development Programme (ADP) is expected to reach 93 percent in the current fiscal year (FY18) as the government’s expenditures for development are very well than the previous fiscal (FY17).
“Implementation progresses of the Annual Development Plan is very well . . . the 35 per cent of the ADP has been implemented in the first six months of the current fiscal,” he told journalists after a meeting with the BCS (Customs and VAT) Association and the BCS (Taxation) Association at the finance ministry here.
For 2017-18, the government set aside Taka 1,64,085 crore for development spending, which was revised down to Taka 1,57,594 crore in a recent meeting of the National Economic Council (NEC).
Every week, Muhith said, the government holds ECNEC meeting and evaluates the implementation progress of development projects which is one of the reasons for good performance in implementation of ADP.
