Revised annual development programme

67pc implemented in 11 months

The achievement rate of the Revised Annual Development Programme (RADP) for the July-May period of the outgoing fiscal (FY 2014-15) has been noted as 67 per cent. It was 66 per cent during the same period in the last fiscal year.
Planning minister AHM Mustafa Kamal released the data yesterday after an ECNEC meeting at the NEC-1 in the city’s Sher-e-Bangla Nagar area.
The implementing agencies spent Tk. 51,997 crore during the period, while it was Tk. 42,162 crore in the previous fiscal year. This year's spending was Tk. 9,835 crore higher than that in the corresponding period of the previous fiscal year.
According to the monthly progress report on RADP by the Implementation, Monitoring and Evaluation Division (IMED), around Tk. 37,389 crore was released during this July-May period of the outgoing fiscal, which is also 75 per cent of the total ADP allocation.
Out of the total RADP expenditure of Tk 51,997 crore for this period, the share of government funds was Tk. 32,872 crore or 66 per cent, project assistance Tk. 17,059 crore or 69 per cent, while the share of the self-financed projects of the organisations was Tk. 2,066 crore or 73 per cent.
Out of the 55 ministries and divisions, the science and technology ministry registered the highest RADP implementation rate (97 per cent) during the last 11 months, followed by the Rural Development and Cooperatives Division (85 per cent), the Ministry of Commerce (84 per cent), the Ministry of Religious Affairs (83 per cent) and the Ministry of Disaster Management and Relief (81 per cent).
Internal Resources Division (IRD) under the Ministry of Finance was the lowest performer with 14 percent RADP implementation rate.
The IMED report showed that the highest allocated 10 Ministries and Divisions witnessed a RADP implementation rate of 69 percent or expenditure of Tk 39,531.18 crore. This rate was also two per cent higher than the overall RADP implementation rate.
Speaking at the press briefing, the Planning Minister said that the government would try its best to run the development projects effectively on quarterly basis in the future.
He also hoped that this year higher number of projects would be completed since the Ministry is going on with close monitoring.
Up until May, only six ministries and departments, of the total 55, could spend more than 80 percent of the funds allocated to them.
“Since it is monsoon when our fiscal starts, rain hampers development work in the first quarter. So there is pressure at the end,” Planning Minister AHM Mustafa Kamal said.  
“Some quality is hampered due to the pressure, but not as much as is claimed by the media.”
They are science and technology ministry, rural development and cooperatives division, commerce ministry, religious affairs ministry, disaster management ministry, and housing and public works ministry.

Revised annual development programme

67pc implemented in 11 months

The achievement rate of the Revised Annual Development Programme (RADP) for the July-May period of the outgoing fiscal (FY 2014-15) has been noted as 67 per cent. It was 66 per cent during the same period in the last fiscal year. Planning minister AHM Mustafa Kamal released the data yesterday after an ECNEC meeting at the NEC-1 in the citys Sher-e-Bangla Nagar area. The implementing agencies spent Tk. 51,997 crore during the period, while it was Tk. 42,162 crore in the previous fiscal year. This years spending was Tk. 9,835 crore higher than that in the corresponding period of the previous fiscal year. According to the monthly progress report on RADP by the Implementation, Monitoring and Evaluation Division (IMED), around Tk. 37,389 crore was released during this July-May period of the outgoing fiscal, which is also 75 per cent of the total ADP allocation. Out of the total RADP expenditure of Tk 51,997 crore for this period, the share of government funds was Tk. 32,872 crore or 66 per cent, project assistance Tk. 17,059 crore or 69 per cent, while the share of the self-financed projects of the organisations was Tk. 2,066 crore or 73 per cent. Out of the 55 ministries and divisions, the science and technology ministry registered the highest RADP implementation rate (97 per cent) during the last 11 months, followed by the Rural Development and Cooperatives Division (85 per cent), the Ministry of Commerce (84 per cent), the Ministry of Religious Affairs (83 per cent) and the Ministry of Disaster Management and Relief (81 per cent). Internal Resources Division (IRD) under the Ministry of Finance was the lowest performer with 14 percent RADP implementation rate. The IMED report showed that the highest allocated 10 Ministries and Divisions witnessed a RADP implementation rate of 69 percent or expenditure of Tk 39,531.18 crore. This rate was also two per cent higher than the overall RADP implementation rate. Speaking at the press briefing, the Planning Minister said that the government would try its best to run the development projects effectively on quarterly basis in the future. He also hoped that this year higher number of projects would be completed since the Ministry is going on with close monitoring. Up until May, only six ministries and departments, of the total 55, could spend more than 80 percent of the funds allocated to them. Since it is monsoon when our fiscal starts, rain hampers development work in the first quarter. So there is pressure at the end, Planning Minister AHM Mustafa Kamal said. Some quality is hampered due to the pressure, but not as much as is claimed by the media. They are science and technology ministry, rural development and cooperatives division, commerce ministry, religious affairs ministry, disaster management ministry, and housing and public works ministry.