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ADP implementation rate notches 1.05% in first month of FY25

TBP Online
01 Sep 2024 21:04:24 | Update: 01 Sep 2024 21:04:24
ADP implementation rate notches 1.05% in first month of FY25

The implementation rate of the Annual Development Programme (ADP) during the first month (July) of the current fiscal year (FY25) reached 1.05 per cent with an expenditure of  2,922.36 crore.

According to the latest report of the Implementation Monitoring and Evaluation Division (IMED), the ADP implementation rate in July of the last fiscal year (FY24) was 1.27 per cent with an overall allocation of Tk 3,489.09 crore.

The ADP implementation rate in the first month (July) of FY23 was 0.96 per cent with an expenditure of Tk 2,455.05 crore.

The ADP implementation rate usually remains low at the beginning of the fiscal year as project officials remain busy with necessary preparatory work and paperwork during this period, said IMED officials.

The government's overall ADP allocation for the current fiscal year is Tk 278,288.90 crore.

In the current fiscal year, there are some 1,352 development projects including 1,155 investment projects, 21 feasibility study projects, 87 technical assistance projects, 9 projects from development block allocation and 80 projects from concerned organisations' funds.

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