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ADP implementation rises to 13pc after 4 months

  • Staff Correspondent
  • 25 November, 2021 12:00 AM
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ADP implementation rises to 13pc after 4 months

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Development activities of the government has continued signs of improvement as ADP implementation has surged year-on-year after first four months of the current fiscal year mainly thanks to better local resource utilisation.

Spending on development projects stood at Tk 309.19 billion or 13.03 percent of the Annual Development Programme (ADP) outlay during July-October period, latest data of Implementation Monitoring and Evaluation Division (IMED) showed.

In the corresponding period one year ago, it was Tk 274.53 billion or 12.79 percent of the outlay. Year-on-year expenditure grew by Tk 34.66 billion or 12.63 percent.  Implementing agencies managed to spend Tk 113.60 billion or 4.80 percent of ADP money in the month of October only, up from Tk 101.51 billion or 4.73 percent total ADP execution in October 2020. 

Development expenditure from the public exchequer climbed to 14.24 percent in July-October period of the current fiscal year, which was 13.61 percent a year earlier. Volume of expenditure also rose to Tk 195.49 billion in the period from Tk 183.24 billion one year ago.

Foreign resource utilization, on the other hand, modestly declined to 11.20 percent from 11.75 percent in terms of percentage, but it also improved when volume of expenditure is taken into account.

ADP spending from this segment jumped by Tk 15.73 billion or nearly 19 percent to Tk 98.57 billion from Tk 82.84 billion during the period.

Autonomous public corporations’ own financed ADP implementation also surged to Tk 15.13 billion or 13.19 percent, which was Tk 8.45 billion or 8.93 percent during the same period a year earlier.

28 ministries or divisions achieved double digit growth in local money spending, while 27 ADP implementing agencies secured a double-digit growth in the first four months of the current fiscal year, IMED figures suggest.

Top 15 ministries or divisions that saw 83.83 percent resource allocation in FY22 ADP managed to post 13.37 average ADP implementation performance so far with Industries ministry achieving the highest rate of 33.56 percent followed by top allocated local government division’s 16.93 percent, primary and mass education ministry’s 16.40 percent and railway’s ministry’s 16.25 percent.

Of the large agencies, water resources ministry could post 15.73 percent execution rate, secondary and higher education division 14.85 percent, road transport and highways division 14.57 percent, Prime Minister’s Office 14.36 percent, bridges division 12.84 percent, power division 12.02 percent.

For the ongoing 2021-22 fiscal year, the government picked a Tk 2367.93 billion ADP outlay, including Tk 1,373 billion GoB money and Tk 880.24 billion from project assistance.