ADP implementation reaches 5.15pc during July-Aug

The implementation rate of the Annual Development Programme (ADP) during the July-August period of the current fiscal year fared better than the last fiscal year’s as it reached 5.15 per cent with an expenditure of Tk 8457 crore.

The ADP implementation rate during the July-August period of the last fiscal year was 3.86 per cent with an overall expenditure of Tk 47.56 crore.

Planning Minister AHM Mustafa Kamal disclosed this figure at an ADP progress review meeting at NEC conference room at Sher-e-Bangla Nagar in the capital yesterday.

Out of the overall expenditure of Tk 8457crore of the outgoing fiscal year, Tk 5478 crore was spent from government fund with an implementation rate of 5.74 per cent, while Tk 2217 crore spent from project assistance with an implementation rate of 3.67 per cent, and the rest of Tk 761 crore spent from the organisation's own fund with an implementation rate of 9.34 per cent, according to the latest statistics provided

by the Implementation Monitoring and Evaluation Division (IMED) of the planning ministry.

Among the highest allocated top 10 ministries and divisions, the rapid Transport and Highway division spent Tk 2655.94 crore (16.07 per cent) during last two months of this fiscal followed by Local Government Division with Tk 1834.62 crore (8.65 per cent), Power Division with Tk 1544.85 crore (6.87 pc), Ministry of Railways with Tk 55.38 crore (.45 pc), Bridges Division with Tk 42.02 crore (.53 pc), Primary and Mass Education Ministry with Tk 186.52 crore (2.74 pc), Housing and Public Works Ministry with Tk 300.05 crore (7.89 pc), Secondary and Higher Education Division with Tk 448.62 crore (7.89 pc), Health and Family Welfare Ministry with Tk 98.38 crore (6.07 pc) and Science and Technology Ministry with Tk 2.71 crore (0.03 pc).

Mustafa kamal said at least eight lack tonnes food grain production have been lost due to the natural disaster this year.

He also said Bangladesh will face minimum 12 tonnes shortage of food this year.

However he said the government will import 20 lakhs tonnes food from rice grower countries to maintain buffer stock.

About the high price of rice he said it is happening as businessmen are making high profit.

However, he also acknowledged that the price of rice is not coming down even though the government withdrew the customs duty from rice import.

ADP implementation reaches 5.15pc during July-Aug

The implementation rate of the Annual Development Programme (ADP) during the July-August period of the current fiscal year fared better than the last fiscal years as it reached 5.15 per cent with an expenditure of Tk 8457 crore. The ADP implementation rate during the July-August period of the last fiscal year was 3.86 per cent with an overall expenditure of Tk 47.56 crore. Planning Minister AHM Mustafa Kamal disclosed this figure at an ADP progress review meeting at NEC conference room at Sher-e-Bangla Nagar in the capital yesterday. Out of the overall expenditure of Tk 8457crore of the outgoing fiscal year, Tk 5478 crore was spent from government fund with an implementation rate of 5.74 per cent, while Tk 2217 crore spent from project assistance with an implementation rate of 3.67 per cent, and the rest of Tk 761 crore spent from the organisations own fund with an implementation rate of 9.34 per cent, according to the latest statistics provided by the Implementation Monitoring and Evaluation Division (IMED) of the planning ministry. Among the highest allocated top 10 ministries and divisions, the rapid Transport and Highway division spent Tk 2655.94 crore (16.07 per cent) during last two months of this fiscal followed by Local Government Division with Tk 1834.62 crore (8.65 per cent), Power Division with Tk 1544.85 crore (6.87 pc), Ministry of Railways with Tk 55.38 crore (.45 pc), Bridges Division with Tk 42.02 crore (.53 pc), Primary and Mass Education Ministry with Tk 186.52 crore (2.74 pc), Housing and Public Works Ministry with Tk 300.05 crore (7.89 pc), Secondary and Higher Education Division with Tk 448.62 crore (7.89 pc), Health and Family Welfare Ministry with Tk 98.38 crore (6.07 pc) and Science and Technology Ministry with Tk 2.71 crore (0.03 pc). Mustafa kamal said at least eight lack tonnes food grain production have been lost due to the natural disaster this year. He also said Bangladesh will face minimum 12 tonnes shortage of food this year. However he said the government will import 20 lakhs tonnes food from rice grower countries to maintain buffer stock. About the high price of rice he said it is happening as businessmen are making high profit. However, he also acknowledged that the price of rice is not coming down even though the government withdrew the customs duty from rice import.