logo
POST TIME: 22 August, 2019 00:00 00 AM
July ADP implementation reaches 1.84pc
BSS, Dhaka

July ADP implementation reaches 1.84pc

The first month of the current fiscal year 2019-20, July registered 1.84 per cent implementation of the Annual Development Programme (ADP).

In amount, the implementation was Tk 3,951 crore which was Tk 1,027 crore or 0.57 per cent in the previous fiscal.

“ADP implementation is satisfactory from the beginning of the current fiscal,” said Planning Minister M A Mannan after Tuesday’s meeting of the Executive Committee of the National Economic Council (ECNEC) at NEC Conference Room.

He said the new system of fund disbursement has pushed the ADP implementation three times higher over the previous fiscal.

“We get this result due to fund disbursement directly to the Project Director instead of ministry,” added Mannan.

The government has allocated Tk 202,721 crore as ADP outlay in the national budget of Tk 523,190 crore for FY20.