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The Financial Express

ADP witnesses 33.35pc rise in FY18

| Updated: February 12, 2018 23:06:48


ADP witnesses 33.35pc rise in FY18

The implementation rate of the Annual Development Programme (ADP) in first seven months of the current fiscal witnessed a 33.35 per cent rise.

As per latest Implementation Monitoring and Evaluation Division (IMED) statistics, the ADP’s expenditure also jumped to Tk 547.18 billion.

The ADP implementation rate during the July-January period of FY17 was 32.41 per cent.

The ADP expenditure during that period was also lower than that of the current fiscal standing at Tk 399.73 billion.

The IMED data also showed that, out of the overall expenditure of FY18 Tk 286.77 billion was spent from the GoB fund with an implementation rate of 30.02 per cent.

Besides, Tk 233.36 billion was spent from project assistance with an implementation rate of 38.63 per cent.

The rest, Tk 27.06 billion was spent from the organisation's own fund at an implementation rate of 33.19 per cent, as per BSS report.

IMED Secretary Md Mofizul Islam said the progress in ADP implementation during the first seven months of the current fiscal is encouraging.

"We'll try to ensure cent per cent implementation in the current fiscal," he added.

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