Tk 714cr spent in July
ADP implementation rate 1per cent
UNB
The implementation status of the Annual Development Programme (ADP) including that of self-financed projects during the first month (July) of the current fiscal year (FY16) reached 1 per cent with an overall expenditure of Tk 714.08 crore, reports UNB.
The implementation rate is, however, one per cent less than July last fiscal year, when the overall expenditure was Tk 1,890 crore with 2 per cent implementation rate, according to the latest statistics provided by the Implementation, Monitoring and Evaluation Division (IMED).
The IMED report shows out of the overall amount in this July, the executing agencies could spent only Tk 109 crore or 0.2 per cent from the national exchequer, Tk 498 crore or 1 per cent from project assistance, while Tk 107 crore or 3 per cent of the organizations own funds.
The implementation status of the top 10 highest allocation receiving ministries and divisions was a bit unsatisfactory during this one-month period as their overall expenditure totalled Tk 166.46 crore with a 0.23 per cent implementation rate.
Among the top 10 ministries and divisions, the Power Division made the highest expenditure with Tk 83.09 crore during this single month period with 1 per cent implementation rate followed by Local Government Division with Tk 37.44 crore or 0.23 per cent, Bridges Division with Tk 16.33 crore or 0.18 per cent, Ministry of Health and Family Welfare with Tk 13.52 crore or 0.26 per cent, Road Transport and Highways Division with Tk 6.88 crore or 0.12 per cent, Ministry of Primary and Mass Education with Tk 3.14 crore or 0.06 per cent, Energy and Mineral Resources Division Tk 3.07 crore or 0.09 per cent, Ministry of Education Tk 1.94 crore or 0.05 per cent, Ministry of Railways 1.05 crore or 0.02 per cent, while the Ministry of Water Resources is yet to make any expenditure during this period.
Analysing the IMED report, it was found some 21 ministries and divisions including Ministry of Water Resources have failed to spend any amount during this July. The other key ministries that failed to spend any fund during this single-month period are Posts and Telecommunications Division, Ministry of Industries, Internal Resources Division, CHT Affairs Ministry, Liberation War Affairs Ministry, Ministry of Civil Aviation and Tourism, Defence Ministry, Law and Justice Division, Ministry of Youth and Sports, Finance Division, Expatriates Welfare and Overseas Employment Ministry, Religious Affairs Ministry, Labour and Employment Ministry, Social Welfare Ministry.
The size of the ADP for the current fiscal year has been set at Tk 1,00997 crore, including that of self-financed projects.
Besides, some 1215 projects have been earmarked in the current ADP including some 933 investment projects, some 136 technical assistance projects, 12 projects from the Japan Debt Cancellation Fund (JDCF), nine projects with block allocations while some 125 projects with the organisations own finance.
According to the IMED, the implementation status of the Revised Annual Development Programme (RADP) finally stood at 91 per cent 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.
This rate was two per cent lower than the fiscal year (FY14) when the RADP implementation rate was 93 per cent.
Implementing agencies managed to spend about Tk 71,139 crore from a Tk 77,836 crore revised ADP outlay for FY15, up from the previous fiscals Tk 59,759 crore from a smaller Tk 63,991 crore RADP outlay.
