July sees only 0.56% ADP implementation

The ADP implementation is Tk20 crore less than July of the last fiscal year when the expenditure was Tk714 crore with one percent implementation rate. According to the latest data of the Implementation, Monitoring and Evaluation Division (IMED), only Tk78 crore (0.11%) was spent from the government fund during the first month, while Tk 596 crore (1.49%) in July from project assistance. Besides, Tk 20 crore (0.16%) was spent from the organisation’s own fund during the first month of the current fiscal year. Out of the 54 ministries and divisions, the IMED figures showed, the Cabinet Division witnessed the highest implementation rate of 4.79 % during July, while 27 ministries and divisions could not spend any money in the month. Out of the top 10 ministries and divisions, the IMED figures revealed that the Power Division spent the highest amount of Tk 455.22 crore (2.44%) in July followed by Local Government Division Tk 58.59 crore (0.33%), Ministry of Railways Tk 51.22 crore (0.58%), Ministry of Primary and Mass Education Tk 18.26 crore (0.24%), Ministry of Housing and Public Works Tk 11.60 crore (0.24%c). Some 1,365 projects are included in the ADP of the current fiscal year, including 126 technical assistance projects, 7 projects from the Japan Debt Cancellation Fund, 9 from block allocation and 155 projects from the organisation’s own fund. In May last, the National Economic Council (NEC) approved Tk 110,700 crore for the ADP for the current fiscal year (FY 2016-17), giving top priority to the transport sector.