Announcement on revised ADP Jan 15
The revised annual development programme (ADP) for fiscal year 2009-10 will be announced on January 15, Planning Minister AK Khandker told secretaries at a meeting yesterday.
The inter-ministerial meeting, organised at the planning ministry, reviewed ADP implementation in the last six months.
Secretaries were asked to apprise the ministry of the amount of expenditure of the fund allocated to any ministry by January 10.
If any allocated fund is not spent fully against the projects under ADP, the surrendered money will go to the projects to be completed by June 2010, the meeting was also told.
The minister pointed out that this time the ADP is being finalised five months ahead of the schedule to facilitate accelerated execution of development projects. Usually, ADP revision is done at the end of any financial year.
As per 6-month progress showed, around 28 percent or Tk 8,600 crore has been spent for ADP implementation. The ADP size is Tk 30,500 crore.
During the same time in the last fiscal year, the implementation rate was 24 percent of the allocated Tk 6,100 crore.
Although the FY 10 ADP implementation pace is better, the ministries concerned will under tremendous pressure to complete 72 percent of uplift projects within the stipulated time.
“Still, we've many things to do," AK Khandker said, urging the secretaries to expedite project implementation.
He also reminded them that proper ADP implementation would help the country progress economically.
During the meeting, it was also pointed out that five ministries succeeded in implementing more than 50 percent of the ADP in the last six months.
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