Only 33pc spent in H1Staff Correspondent
Different ministries and government agencies in the first six months of the current fiscal year could implement only 33 per cent of the annual development programme for the year.
Planning ministry officials said that the ADP implementation continued to remain sluggish in the first six months of the FY 2012-2013, maintaining the previous year’s trend because of inefficiency of the implementing agencies and delay in procurement and land acquisition.
They said although the implementation rate was slightly higher than the same period of last year when the agencies could implement 28 per cent, the actual spending was lower because of the bigger size of the ADP this fiscal year.
According to Implementation, Monitoring and Evaluation Division data, the ministries and agencies spent Tk 16,439 crore, or 33 per cent of the annual target in July-December, five percentage points higher than the rate achieved during the same period of the last fiscal year.
Of the total expenditure, the share of government funding was Tk 10,691 crore, or 32 per cent, and the share of foreign aid was Tk 5,748 crore, or 27 per cent, the data to be released in the next week showed.
Ministries and divisions had spent Tk 12,703 crore, or 28 per cent of the ADP in July-December of the last fiscal year.
The government allocated Tk 55,000 crore for the ADP in the current fiscal year, up Tk 9,000 crore from the last fiscal year, they said.
Officials said that progress in the ADP implementation was not satisfactory at all as the implementing ministries and agencies would have to implement 67 per cent of their annual target in the remaining six months of the fiscal year which might cause waste of money and result in poor quality development work.
Out of the 54 ADP implementing ministries and agencies, most of them failed to spend their allocation under the programme in expected level in the period due mainly to inefficiency of the implementing agencies, they said.
According to the data, four ministries and divisions had implemented below 10 per cent of their annual target. The ministries and divisions are foreign ministry with 4 per cent, Internal Resources Division 6 per cent, information ministry 7 per cent and Statistics Division 8 per cent.
The Rural Development and Cooperative Division achieved the highest 56 per cent implementation rate followed by the food ministry which implemented 51 per cent.
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