Govt spends 29 pc of ADP in six months
Tuesday, 5 January 2010
FHM Humayan Kabir
The government spent only 29 per cent of the annual development programme (ADP) budget during first half of the current fiscal, some six percentage points higher than the corresponding period last year, officials said Monday.
"The project executing agencies have implemented 29 per cent of the Tk 305 billion ADP during July-December period. It was 23 per cent in the same period last fiscal," member of the Implementation Monitoring and Evaluation Division (IMED) Abdul Malek told the FE.
IMED officials said all the government agencies have spent some Tk 88.45 billion during the first six months (July-December) of the current fiscal from their total Tk 305 billion ADP budget outlay.
The government has framed an "ambitious" Tk 305 billion budget for the current FY2010 to execute 886 projects under the ADP in order to build up country's poor infrastructure and improve social security for steering the national economy.
Planning Minister AK Khandokar will sit today (Tuesday) with secretaries of all the ministries and divisions to review the progress of the development project implementations under the ADP in last six months.
"It will be a very important meeting. Based on the first half progress report, we will finalise the revised ADP within this month," secretary of the planning ministry Habibullah Majumder told the FE.
"We are satisfied with the ADP progress during first six months as the rate is higher than the same period last year. Besides, in terms of amount of the ADP budget, the size of total expenditure is also higher than the last year's Tk 256 billion ADP," he said.
In the first quarter current fiscal, the implementation rate of the development projects was bleak as the government agencies were able to implement only 10 per cent of the ADP outlay due to poor performance of some top 10 development budget spenders, officials said.
The progress has picked up in the second quarter of the current fiscal as the agencies implemented 23 per cent of Tk 305 billion ADP till November 2010. In December, the implementation rate has increased by six percentage points, IMED officials said.
"We are hopeful that the project implementation in the last half (Jan-Jun) of the current fiscal will swell a lot as we are working to monitor and review the development every month," Mr Majumder said.
He said they are hopeful that it would not be required to cut the Tk 305 billion ADP size much as the implementation rate has picked up since second quarter (Oct-Dec) from the first quarter (Jul-Sept).
The present government has taken some strict measures in July, first month of current fiscal, to boost the capacity of the government agencies as those used to fail timely procurement, a major element of development activities.
The planning ministry issued some guidelines to the development budget spenders taking their monthly action and procurement plans in order to streamline the development projects implementations.
Before election, the ruling Awami League had pledged to ensure maximum and quality utilisation of the public funds to facilitate the country's development and achieve a double-digit growth within a decade.
The government spent only 29 per cent of the annual development programme (ADP) budget during first half of the current fiscal, some six percentage points higher than the corresponding period last year, officials said Monday.
"The project executing agencies have implemented 29 per cent of the Tk 305 billion ADP during July-December period. It was 23 per cent in the same period last fiscal," member of the Implementation Monitoring and Evaluation Division (IMED) Abdul Malek told the FE.
IMED officials said all the government agencies have spent some Tk 88.45 billion during the first six months (July-December) of the current fiscal from their total Tk 305 billion ADP budget outlay.
The government has framed an "ambitious" Tk 305 billion budget for the current FY2010 to execute 886 projects under the ADP in order to build up country's poor infrastructure and improve social security for steering the national economy.
Planning Minister AK Khandokar will sit today (Tuesday) with secretaries of all the ministries and divisions to review the progress of the development project implementations under the ADP in last six months.
"It will be a very important meeting. Based on the first half progress report, we will finalise the revised ADP within this month," secretary of the planning ministry Habibullah Majumder told the FE.
"We are satisfied with the ADP progress during first six months as the rate is higher than the same period last year. Besides, in terms of amount of the ADP budget, the size of total expenditure is also higher than the last year's Tk 256 billion ADP," he said.
In the first quarter current fiscal, the implementation rate of the development projects was bleak as the government agencies were able to implement only 10 per cent of the ADP outlay due to poor performance of some top 10 development budget spenders, officials said.
The progress has picked up in the second quarter of the current fiscal as the agencies implemented 23 per cent of Tk 305 billion ADP till November 2010. In December, the implementation rate has increased by six percentage points, IMED officials said.
"We are hopeful that the project implementation in the last half (Jan-Jun) of the current fiscal will swell a lot as we are working to monitor and review the development every month," Mr Majumder said.
He said they are hopeful that it would not be required to cut the Tk 305 billion ADP size much as the implementation rate has picked up since second quarter (Oct-Dec) from the first quarter (Jul-Sept).
The present government has taken some strict measures in July, first month of current fiscal, to boost the capacity of the government agencies as those used to fail timely procurement, a major element of development activities.
The planning ministry issued some guidelines to the development budget spenders taking their monthly action and procurement plans in order to streamline the development projects implementations.
Before election, the ruling Awami League had pledged to ensure maximum and quality utilisation of the public funds to facilitate the country's development and achieve a double-digit growth within a decade.