ADP spending slows amid Covid restrictions
Implementation of the Annual Development Programme (ADP) in July was 17.22 per cent lower compared to the corresponding month of last fiscal year due to the economic impact of a recent countrywide lockdown.
Similarly, the overall ADP implementation was only 1.14 per cent in July of the current fiscal while it was 1.52 per cent during the corresponding month in fiscal 2020-21.
The implementing ministries and divisions managed to spend just Tk 2,693 crore in the first month of the ongoing fiscal while it was Tk 3,254 crore last year.
Of the total spending, Tk 2,369 crore came from government funds while the remaining Tk 459 crore came from project assistance. According to the monthly implementation progress report of the Implementation Monitoring and Evaluation Division (IMED), the implementation of government funds increased 40 per cent compared to last fiscal year while project assistance declined 68 per cent.
In July last fiscal year, the implementing entities could spend Tk 1,584 crore from government funds and Tk 1,445 crore from project assistance.
However, the bridge division and local government division could spend just 4 per cent and 3.58 per cent in July respectively.
Among the 15 largest allocation receivers, both the power division and road transport and highway division achieved just 1 per cent of their spending target.
However, the rail ministry, water resources ministry, civil aviation and tourism ministry, and education ministry could hardly spend a penny in July.
Besides, the science and technology ministry, health service division, higher secondary and higher education division, primary and mass education division, and shipping ministry spent less than 1 per cent of their allocation.