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ADP execution 94pc in FY’19

FE Report | July 10, 2019 00:00:00


The overall annual development programme (ADP) implementation rate rose to 94 per cent in the fiscal year (FY) that just went by, official data showed.

The government's high spending rate in June propelled execution of the development programme, it disclosed on Tuesday.

In June alone in FY 2018-19, according to the data, project implementers spent an abnormally higher 26.35 per cent of the total revised ADP outlay.

However, those executing agencies spent only 6.18 per cent on an average per month over the first 11 months (Jul-May) of the fiscal.

Against this backdrop, many development experts criticised the practice of abnormally higher ADP spending rate in June only.

The government should have rather improved the capacity of monthly balanced utilisation of the public money for the quality development of the country, they opined.

According to Implementation Monitoring and Evaluation Division (IMED), the government agencies spent Tk 1.66 trillion, which is 94.32 per cent of the Tk 1.76-trillion revised ADP (RADP) outlay.

In FY '18, the agencies utilised Tk 1.48 billion, which was 94.11 per cent of the Tk 1.57 trillion RADP outlay, the IMED data showed.

In terms of volume of money, planning minister MA Mannan said, the public agencies have spent higher funds in FY '19 than that of FY '18.

He was talking to the media after emerging from the weekly Executive Committee of the National Economic Council (ECNEC) meeting.

Out of the Tk 1.66-trillion expenditure, government agencies utilised higher Tk 1.11 trillion, 95.72 per cent of its Tk 1.16 trillion outlay from state coffers.

They also spent Tk 472.79 billion, 92.70 per cent of Tk 510 billion from external resources (as project aid) for development work during July 2018 to June 2019.

What is more, state-run autonomous and semi-autonomous bodies spent Tk 82.82 billion-86 per cent of its total Tk 96.20-billion outlay.

The autonomous and semi-autonomous entities implement development projects through their own funds.

In FY '19, the government implemented 1,978 projects.

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