DHAKA, March 13, 2018 (BSS) - The financial progress of some 680 projects while the real progress of some 922 projects were laudable out of 1,710 development projects in the Annual Development Programme (ADP) of the last fiscal year (FY17).
This was revealed at an implementation progress review report of the RADP for FY17 under some 57 ministries and divisions submitted before the recent National Economic Council (NEC) meeting held with NEC chairperson and Prime Minister Sheikh Hasina in the chair.
The Implementation Monitoring and Evaluation Division (IMED) of the Planning Ministry submitted the report. Analyzing the report, it was found that the financial and real progress of these projects was 100 percent or above.
The report showed that the financial progress of some 376 projects while the real progress of some 268 projects was satisfactory.
Besides, the financial progress of some 198 projects while the real progress of 136 projects was somewhat satisfactory.
But, the financial progress of some 253 projects and the real progress of some 192 projects was, however, not satisfactory.
In the last fiscal year, some 315 projects were kept for completion by June 2017, but the overall number of completed projects totaled 243.
Besides, some 103 projects which were not supposed to be completed by the last year were declared completed by the ministries and divisions concerned. As a result, the total number of completed projects stood at 346.
The review report also indicated that some 120 projects witnessed zero financial progress in the RADP of the last fiscal year (2016-17) although its implementation rate fared better with 89.76 percent success rate.
These projects enjoyed Taka 759.56 crore of the overall revised ADP allocation for the last fiscal year. The report cited delay in invitation of tender bids for the newly included projects, non responsive of the tenders, non availability of project loans, delay in release of funds, non acquisition of land, problems relating to cases, revision of the DPP, delay in approval of the RDPP, delay in striking agreements with the donors and nominal allocation as some of the notable reasons for having zero implementation progress during the period.
Talking to BSS, an IMED official said such trend indicated that the ministries and divisions concerned might have not given due importance towards implementing these projects under the ADP.
The official said concentrated efforts are needed from all concerned for ensuring proper implementation of the development projects under the ADP through utmost utilisation of the country's resources.
The IMED report also showed that during the FY 17, a total of 128 projects witnessed zero real progress, or no infrastructural work, although Taka 1,060.89 crore were allocated against these projects.
Out of these 120 projects that witnessed zero financial progress, Taka 1 Lakh was earmarked against each of some 45 projects in FY 17, but all of those except two projects saw no progress.
According to the IMED, about Taka 1,07,084.55 crore was spent in the last fiscal year out of the revised ADP allocation of Taka 1,19,295.97 crore, raising the implementation rate to 89.76 percent. The last fiscal year also witnessed Taka 20,017.21 crore more expenditure than the FY16.
Of the amount, Taka 72,145.39 crore was spent from the government exchequer which was 92.85 percent of the overall revised allocation in local resources. On the other hand, some Taka 28,269.04 crore was spent from the project assistance part which was also 78.97 percent of revised allocation from the project assistance part.