Despite government attempts to speed up its development work, the ADP implementation advanced only halfway in the first 10 months of the current fiscal year.
Public implementing agencies have so far managed to implement 52.42 percent of Annual Development Programme (ADP), down from 54.56 percent in the same period last year, suggest latest official data.
During the July-April period of 2017-18 fiscal year, total ADP spending was Tk 82,603 crore, including Tk 46,479 crore from local resources and Tk 31,787 from foreign resources, Implementation Monitoring & Evaluation Division (IMED) data showed.
During the same period a year earlier, the aggregate ADP expenditure was Tk 65,083 crore, including Tk 43,500 crore from local resources and Tk 17,089 crore from project assistance.
ADP execution performance in terms of percentage fell because of sluggish local resource utilisation rate, although project aid segment maintained a bullish trend.
Local funded ADP nosedived to 48.25 percent, the second lowest performance in five years, from 55.98 percent a year earlier, while project aid utilisation rate improved a lot to 61.07 percent from 47.74 percent.
ADP outlay has recently been revised downward to Tk 1,57,594 crore from Tk 1,64,085 crore. Revised ADP outlay was Tk 1,19,296 crore last year.
Planning Minister AHM Mustafa Kamal on several occasions expressed optimism that they would be able to execute full ADP this year.
But it will require Tk 74,991 crore spending in the last two months, which economic analysts don’t think would be possible given the current execution trend.
Besides, intensified spending at the fag end of fiscal year only creates scope for draining of public money and it cannot ensure quality of public spending, analysts say.
Picking up too many projects under ADP is a major reason for slow-paced ADP implementation, they said, suggesting lowering number of projects in ADP and putting more emphasis on “transformative” large projects for quality ADP spending.
The planning minister sat with officials of large projects, railways ministry, road transport and highways division and local government division in separate meetings to accelerate ADP implementation this year.
Economic Relations Division (ERD) also held similar meetings with development partners and implementing agencies.
“A number of meetings were held with the officials of large ministries and divisions and they were asked about the reasons for project problems. Stress was given on ensuring quality of work alongside providing instant solutions to the problems,” IMED Secretary Md Mofizul Islam said.
If these meetings yield results, ADP implementation will reach the target at the year-end, he hoped.
Top 15 ministries or divisions achieved 53.79 percent of overall implementation performance with Tk 72,632 crore aggregate expenditure.
Power division achieved the highest implementation rate at 79.51 percent with housing and public works ministry in second position with 65.81 percent performance and science and technology ministry came third with 62.94 percent achievement.
Local government division posted 61.75 percent performance, road transport and highways division 51.05 percent, bridges division 39.59 percent, energy and mineral resources division 47.21 percent, and railways ministry 21.35 percent.