BSS-27 ADP implementation 93.71pc in FY18: Kamal

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BSS-27

ADP-IMPLEMENTATION

ADP implementation 93.71pc in FY18: Kamal

DHAKA, July 3, 2018 (BSS) – The implementation of the Revised Annual Development Programme (RADP) in the last fiscal year (FY18) hit a record high of 93.71 percent in 17 years, Planning Minister AHM Mustafa Kamal said here today.

“The RADP implementation rate during the last fiscal year touched 93.71 percent with an overall expenditure of Taka 1,47,703 crore whereas the RADP implementation rate in the FY17 was 89.76 percent with an overall expenditure of Taka 1,07,085 crore,” he said.

The Planning Minister said this while briefing reporters after the day’s ECNEC meeting held at the NEC Conference Room in the city’s Sher-e-Bangla Nagar area.

He said in the immediate past fiscal year, the concerned executing agencies were able to utilize over Taka 40,000 crore fund compared to the previous fiscal year (FY17). “We’re hopeful that we’ll be able to implement fully the Taka 1,73,000 crore ADP in the current fiscal year,”

Mustafa Kamal said the RADP implementation rate in FY16 was 92.72 percent with an overall expenditure of Taka 87,067 crore, up from 91 percent in FY15 with an overall expenditure of Taka 71,144 crore. The RADP implementation rate in FY14 was 93 percent with an overall expenditure of Taka 59,759 crore while it was 88 percent in FY02 with an overall expenditure of only Taka 14,090 crore.

In the last fiscal year, the Power Division achieved the highest implementation rate of 103.56 percent while the Parliament Secretariat the lowest 2.60 percent.

Earlier on March 7, the National Economic Council (NEC) approved a Taka 1,48,381 crore original Revised Annual Development Programme (RADP) for the last fiscal year (FY18) downsizing the original ADP by 3.23 percent.

Considering the organisation’s own fund of Taka 9,213.39 crore, the overall RADP size, however, stood at Taka 1,57,594.39 crore with Taka 96,331 crore coming from the local sources and the rest of Taka 52,050 crore from the foreign sources.

BSS/ASG/GM/BR/1720