National, Front Page

ADP implementation rate up in Nov

Published : 23 Dec 2022 09:32 PM

The implementation rate of the Annual Development Programme (ADP) has increased slightly in November in the current fiscal year compared to that in the same period of the last fiscal.

All ministries and departments concerned together spent Tk 14,763.60 crore or 5.77 percent of the total ADP allocation in the period in November, which was 5.55 percent or Tk 13,142.13 crore in the same period of the last fiscal year, according to a report of the Implementation Monitoring and Evaluation Division (IMED).

Last October, the rate was the lowest in the last five years, but it increased in November. 

This fiscal year, the allocation for ADP was fixed at Tk 2 lakh 56 crore.

However, implementation of the annual development programme (ADP) has slightly reduced to 18.41 percent in July-November period in the current fiscal year compared to the same period last fiscal year.

The ADP implementation of the first five months in the last fiscal year was 18.61 percent while in fiscal year 2020-21, the ADP implementation rate was 17.93 percent.

The implementation rate was 12.64 percent in the July-October period which was lowest in the last seven years.

According to the IMED data, the government spent Tk 47,122 crore in July-November, out of total Tk 2,56,000 crore, for ADP projects.

The implementation of the ADP in the fiscal year 2021-22 is higher than what was witnessed in the last two financial years.

According to the IMED report, the execution rate stands at 92.89 percent in FY22 which was 82.11 percent and 80.39 percent in FY21 and FY20 respectively.

A total of 1496 projects were included in the ADP of the current fiscal. Among them, 1,441 are main projects, 46 sub-projects and nine development assistance projects. Among these projects, 106 are technical assistance projects and 1,296 investment projects.

Till November, various institutions of the government have spent Tk 27,449 crores of government funds which is 18.42 percent of the allocation. During the time, the amount of foreign funds spent was Tk 17,709 crores, which is 19.29 percent of the total allocation.

Besides, the rest of the money has been spent from the institutions’ own funds, which was Tk 1,914 crore or 19.37 percent of the total allocation.