DHAKA, Feb 11, 2018 (BSS) - The implementation rate as well as expenditure of the Annual Development Programme (ADP) during the July-January period of the current fiscal year has witnessed an uptrend as it reached 33.35 percent with an overall expenditure of Taka 54,718 crore.
The ADP implementation rate during the July-January period of the last fiscal year (FY17) was 32.41 percent with an overall expenditure of Taka 39,973 crore, according to the latest statistics provided by the Implementation Monitoring and Evaluation Division (IMED) of the Ministry of Planning.
The IMED data showed that out of the overall expenditure of Taka 54,718 crore for this July-January period, Taka 28,677 crore were spent from the GoB fund with an implementation rate of 30.02 percent.
Besides, Taka 23,336 crore were spent from project assistance with an implementation rate of 38.63 percent while the rest Taka 2,706 crore were spent from the organization's own fund with an implementation rate of 33.19 percent.
Talking to BSS, IMED Secretary Md Mofizul Islam said the IMED remained very active towards monitoring the development projects from the very beginning of the current year.
"We've taken some special measures in this year so that we can utilize cent percent fund allocated against the development projects," he added.
He said the progress in ADP implementation during the first seven months of the current fiscal is encouraging, adding, "We'll try to ensure cent percent implementation in the current fiscal,"
The IMED Secretary said they would sit soon with the project directors of some 71 projects having estimated cost in between Taka 200 crore and Taka 350 crore to ensure speedy implementation of those projects within the stipulated timeframe maintaining due quality.
Mofizul said they are also continuing communication with the executing agencies at field level through holding video conferences to address the problems and barriers for smoothly implementing the projects.
The IMED figures showed that out of the overall expenditure of Taka 39,973 crore during the July-January period of the last fiscal year, Taka 25,899 crore were spent from the GoB portion (36.63 percent) followed by expenditure of Taka 10,609 crore (26.52 percent) from project assistance while the rest of the expenditure, Taka 3,465 crore (27.40 percent), from the organization's own fund.
Among the top 15 ministries and divisions as far as the allocation is concerned, the Power Division made an expenditure of Taka 15,366.98 crore (68.35 percent) during this July-January period followed by the Local Government Division Taka 8,583.40 crore (40.48 percent) Road Transport and Highways Division with Taka 5,718.27 crore (34.59 percent), Ministry of Railways with Taka 1,437.73 crore (11.61 percent), Bridges Division with Taka 2,156.84 crore (27.11 percent), Ministry of Primary and Mass Education with Taka 2,060.93 crore (30.30 percent), Ministry of Housing and Public Works with Taka 1,675.21 crore (26.11 percent), Secondary and Higher Education Division with Taka 1,350.69 crore (23.75 percent), Health Services Division with Taka 1,658.87 crore (22.52 percent) and Ministry of Science and Technology with Taka 4,219.10 crore (40.17 percent).
During the July-January period, the Power Division achieved the highest implementation rate of 68.35 percent while the Financial Institution Division the lowest 1.73 percent.
Earlier in May, the National Economic Council (NEC) approved a Taka 153,331.25 crore original Annual Development Programme (ADP) for the current fiscal year.
The overall size of the ADP, including that of the organisations' self-financed projects, however, reached Taka 164,084.83 crore.