Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Saturday, April 20, 2019 05:21:55 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

ADP implementation 3.49pc in July-August of FY19

By
13th-Sep-2018       
Comments
Share your thought
Post a comment »
Read all () »

Economic Reporter :
The implementation rate of the Annual Development Programme (ADP) during the July-August period of the current fiscal year (FY19) reached 3.49 percent with an overall expenditure of Taka 6,318 crore.
The ADP implementation rate during the July-August period of the last fiscal year (FY18) was 5.19 percent with an overall expenditure of Taka 8,517 crore, according to the latest statistics provided by the Implementation Monitoring and Evaluation Division (IMED) of the Ministry of Planning.
The IMED data showed that out of the overall expenditure of Taka 6,318 crore for this fiscal's July-August period, Taka 3,719 crore was spent from the government of Bangladesh (GoB) fund with an implementation rate of 3.29 percent.
Besides, Taka 1,664 crore was spent from project assistance with an implementation rate of 2.77 percent while the rest Taka 935 crore was spent from the organization's own fund with an implementation rate of 11.88 percent.
An official at the IMED said they remained very active over the monitoring of the development projects from the very beginning of the current year.
The official also said they are hopeful of witnessing cent percent implementation rate in the current fiscal.
The IMED figures showed that out of the overall expenditure of Taka 8,517 crore during the July-August period of the last fiscal year, Taka 5,491 crore was spent from the GoB portion (5.75 percent) followed by expenditure of Taka 2,265 crore (3.75 percent) from project assistance while the rest of the expenditure, Taka 761 crore (9.34 percent), from the organization's own fund.
Among the top 15 ministries and divisions as far as the allocation is concerned, the Power Division made an expenditure of Taka 2,362.39 crore (9.29 percent) during this July-August period followed by the Local Government Division Taka 1,758.30 crore (7.33 percent), Road Transport and Highways Division Taka 231.25 crore (1.15 percent), Ministry of Railways Taka 112.98 crore (1.05 percent), Bridges Division Taka 172.76 crore (1.88 percent), Ministry of Primary and Mass Education Taka 55.14 crore (0.92 percent), Ministry of Housing and Public Works Taka 382.96 crore (7.58 percent), Secondary and Higher Education Division Taka 55.61 crore (0.97 percent), Health Services Division Taka 198.43 crore (2.21 percent) and Ministry of Science and Technology Taka 6.70 crore (0.06 percent).
During the July-August period, the Ministry of Public Administration achieved the highest implementation rate of 16.02 percent while the Ministry of Civil Aviation and Tourism, Ministry of Youth and Sports, Ministry of Foreign Affairs and Bangladesh Public Service Commission are yet to make any expenditure during this two-month period.
Earlier on May 10 this year, the National Economic Council (NEC) approved an overall Annual Development Programme (ADP) of Taka 1,80,869.17 crore for the current fiscal (2018-19), including the organisations' own fund, with more emphasis on speeding up the implementation of mega projects.
The ADP for the current fiscal, also the highest development budget in the country's history, gave emphasis on speeding up the construction works of some mega infrastructure projects, including the Padma Bridge, Rooppur Nuclear Power Plant, Karnaphuli Tunnel, Matarbari Power Plant, Padma Bridge Rail Link and Dhaka Metro Rail.
Out of the overall ADP size, Taka 1,19,810.95 crore will come from the local sources while Taka 61,058.22 crore from foreign sources.
Excluding the state owned autonomous organisations' own fund of Taka 7,869.17 crore, the original ADP size for the current fiscal stood at Taka 1,73,000 crore. Of the amount, Taka 1,13,000 crore will come from the local sources while the rest Taka 60,000 crore from the foreign sources.

Tariff
Add Rate

News Archive

Inside The New Nation

Football »

FIFA backs English players' social media boycott over racism


AP, England :FIFA is backing a 24-hour social media boycott by professional players in England in a protest against racial abuse and revealed plans for a new global campaign to eradicate discrimination in soccer.Following a series of high-profile cases in recent weeks, the Professional Footballers' Association has gathered support from ...

International »

US President Trump declares victory on Mueller report D-Day


President Donald Trump, backed by his attorney general, declared himself fully vindicated on Thursday in the investigation into Russian election meddling and alleged collusion with his campaign - even before the American people and lawmakers see the full probe report."Game Over," Trump tweeted, using a "Game of Thrones" style montage ...

Entertainment »

Shanta Jahan in Australia for hosting


Sheikh Arif Bulbon :Shanta Jahan is a popular host of present time. Though she acts sometimes but always feels comfortable to present herself as a host to all. For the first time Shanta went to Australia to host a show. She left Dhaka at night on April 18. Today is ...

Editorial »

One is punished for another's sin!


LOCAL media reported that a day labourer was allegedly sent to jail on Wednesday for not paying electricity bill of Tk 4007, even though his house at Mochagora village in Muradnagar upazila in Cumilla district had no electrical line. On Thursday evening, Chief Judicial Magistrate granted him bail after hearing ...

Cricket »

Sri Lanka dump Chandimal, bring back Thirimanne for World Cup


AFP, Colombo :Sri Lanka Thursday dumped established stars including former captain Dinesh Chandimal to hand batsman Lahiru Thirimanne and leg-spinner Jeffrey Vandersay a place in their World Cup squad.Chandimal, who was one-day captain until last October, wicketkeeper-batsman Niroshan Dickwella, off-spinner Akila Dananjaya, openers Danushka Gunathilaka and Upul Tharanga were all ...

Cricket »

Senior players need to take the responsibility: Faruk Ahmed


Former chief selector Faruk Ahmed insisted on the performance of the senior players, stating that they need to take the onus if Bangladesh want to do well in the upcoming ICC Cricket World Cup.According to Faruk, the condition should give Bangladesh a confidence, given that they stormed into the semifinal ...

Entertainment »

Mehazabien’s Boishakhi works create viewers’ attention


Sheikh Arif Bulbon :For the last few years, Mehazabien Chowdhury established her strong position in media by virtue of her acting quality and skill. She is now getting positive response for acting in two Boishakhi plays. Afran Nisho was her co-actor in these two plays - Tom & Jerry and ...

International »

Turkish opposition takes control of Istanbul, re-run appeal still pending


Reuters, Istanbul :Turkey's main opposition candidate took office as Istanbul mayor on Wednesday after a stunning victory over President Tayyip Erdogan's AK Party, but the new head of the country's largest city still faces an appeal for the vote to be re-run.The final result of the March 31 local elections ...

Editorial »

Power politics in Egypt


A HUGE majority of Egypt's MPs on April 16 approved constitutional amendments to allow President Abdel-Fattah al-Sisi in power until 2030. The amendments were initially introduced in February, however after lengthy debates and discussions favouring the Egyptian society it was updated earlier this week. "The president's current term shall expire ...

Football »

Iniesta's J-League club Kobe part ways with coach Lillo


AFP, Tokyo :Barcelona legend Andres Iniesta's Vissel Kobe have terminated the contract of manager Juan Manuel Lillo following a poor run of results, the Japanese club said on Wednesday.The 53-year-old former Real Sociedad and Zaragoza boss won just two of six games since taking charge last October as star-studded Vissel ...

International »

US waging 'financial war' against Palestinians


AP, Ramallah, West Bank :The new Palestinian prime minister on Tuesday accused the United States of declaring "financial war" on his people and said an American peace plan purported to be in the works will be "born dead."In his first interview with international media since taking office over the weekend, ...

City »

Various organisations formed a human chain in front of Jatiya Press Club on Wednesday marking the International Krishok Sangram Dibash-2019.


Entertainment »

Priya Bapat to take up a web series


Web Series are surely the in thing nowadays and so many actors, irrespective of their stardom, are being seen in them. Marathi superstar Priya Bapat has also bagged a web series called City Of Dreams. Sharing her experience of being part of the series, she says, “Web series are now ...

Editorial »

Urgent steps needed to check outbreak of diarrhoea


AT the advent of summer this year, the number of diarrhoea patients has already crossed the recent records. International Centre for Diarrhoeal Disease Research, Bangladesh, and the other city hospitals are struggling to tackle the surge in diarrhoea patients. The diarrhoea patients admitted to the ICDDR,B has crossed the number ...

Cricket »

Tearful Taskin vows to make a strong comeback


Fast bowler Taskin Ahmed vowed to make a strong comeback after being snubbed from the 15-member World Cup squad, announced by the Bangladesh Cricket Board (BCB) on Tuesday.Chocked with emotions as tears were rolling down from his cheek Taskin shared his disappointments with media."Its' ok just pray for me," Taskin ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news