The ADP implementation is Tk20 crore less than July of the last fiscal year when the expenditure was Tk714 crore with one percent implementation rate. According to the latest data of the Implementation, Monitoring and Evaluation Division (IMED), only Tk78 crore (0.11%) was spent from the government fund during the first month, while Tk 596 crore (1.49%) in July from project assistance. Besides, Tk 20 crore (0.16%) was spent from the organisation’s own fund during the first month of the current fiscal year. Some 1,365 projects are included in the ADP of the current fiscal year, including 126 technical assistance projects, 7 projects from the Japan Debt Cancellation Fund, 9 from block allocation and 155 projects from the organisation’s own fund. In May last, the National Economic Council (NEC) approved Tk 110,700 crore for the ADP for the current fiscal year (FY 2016-17), giving top priority to the transport sector.

Source: Dhaka Tribune September 04, 2016 19:30 UTC