The government has been able to implement 45% of annual development programmes during the first nine months of the current fiscal year.
This is slightly better than the last year’s implementation rate. The ADP implementation during the same period a year ago was 44%.
The slow rate of implementation has remained the hallmark of ADP.
Planning Minister AHM Mustafa Kamal said the government has taken initiatives to expedite the implementation.
“If necessary, we will take additional reform programmes to boost the implementation rate,” he said a press briefing after a meeting at the National Economic Council auditorium.
Planning minister said the rate of ADP implementation in July-March this fiscal was 1 percentage point or Tk11,000 crore higher than that of the same period of the FY2015-16.
The ministries and divisions spent Tk53,868 crore during July-March period while it was Tk41,975 crore a year ago, he said.
Without slashing the original size of the ADP for FY2016-17, the National Economic Council on February 17 approved ADP of Tk1,10,700 crore.
In the revised ADP, the planning ministry increased its allocation to Tk77,700 crore from Tk70,700 crore of the original ADP as the Prime Minister increased the allocation by Tk6,500 crore against the planning commission’s proposed allocation Tk71,200 crore.