ADP spending rises 39pc

The government's spending on its annual development programme rose 39 percent year-on-year to Tk 39,973 crore in July-January of this fiscal year as the utilisation of local resources went up.
The government has set aside Tk 123,346 crore for implementing various development projects this fiscal year.
Utilisation of the government's own resources increased 35.19 percent during the period, while foreign aid spending rose 26.52 percent, according to the Implementation Monitoring and Evaluation Division.
Besides, spending by state-owned enterprises during July-January went up 187 percent to Tk 3,465 crore against Tk 1,208 crore in the same period last year.
The implementation in terms of the percentage of total allocation stands at 32.41 percent, which was 28 percent in the same period last fiscal year.
Development spending has been slow since fiscal 2012-13 in terms of percentage of the total outlay.
In the first seven months of fiscal 2012-13, the total ADP implementation was 38 percent, with the rate of implementation progressively declining since.
Usually, the ADP amount increases every year, but its performance is evaluated by calculating the rate of implementation in comparison with the total outlay.
The latest implementation rate showed that the government would have to spend about 68 percent of the total outlay in the remaining five months of the fiscal year.
According to previous records, 40-50 percent of the total ADP is implemented during the last quarter of a fiscal year.
Of the total spending in the first seven months, the implementation rate of the government's own fund was 36.63 percent, foreign fund utilisation 26.52 percent and that of state-owned enterprises 27.40 percent.
Ten ministries and divisions got 73 percent of the total allocation, of which only five ministries and divisions spent higher than the average implementation rate. They are: health and family welfare ministry, housing and public works ministry, primary and mass education ministry, power division and local government division.
The railway ministry, secondary and higher education division, bridges division, road transport and highways division, and water resources ministry spent much lower than the average.
Among the 55 ministries and divisions, 31 performed lower than the average implementation rate of 32.41 percent.
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