Thursday, June 20, 2024

Section

বাংলা
Dhaka Tribune

ADP spending 67% in 11 months

Update : 09 Jun 2015, 06:35 PM

Like every year, the government is set to miss the spending target of annual development programme in the outgoing fiscal year.

In 11 months (July-May) of the FY2014-15, the government spent only 67% or Tk51,997 crore of the revised ADP, according to the data released yesterday by the Implementation, Monitoring and Evaluation Division.

The implementation rate was 66% or Tk42,162 crore of the total allocation in the same period a year earlier.

In the final month of the outgoing fiscal, the government will have to spend the remaining 33% to meet the revised spending target of Tk75,000 crore, down from the original outlay of Tk80,315 crore.  

Out of the total Tk51,997 crore expenditure in 11 months, the government used Tk32,872 crore from the national exchequer, Tk17,059 crore from project assistance and Tk2,066 crore from the coffer of organisations concerned.

Out of 55 ministries and divisions, the science and technology ministry was the best performer in ADP spending, posting 97% during the period.

It was followed by rural development and cooperatives division with 85%, commerce ministry 84%, religious affairs ministry 83%, disaster management and relief ministry 81%.

Internal Resources Division under the Ministry of Finance was the poorest performer with 14% spending rate.

The IMED report showed that the highest allocated 10 ministries and divisions witnessed an ADP implementation rate of 69%, or expenditure of Tk39,531.18 crore.

Revealing the data at the ministry, Planning Minister AHM Mustafa Kamal, however, hoped that this year a higher number of projects would be completed under the ADP since his ministry is “closely monitoring.”

He said the government would try its best to run the development projects effectively on a quarterly basis in the future. 

Top Brokers

About

Popular Links

x