Halfway through the financial year, ADP implementation is 17.97 percent

Date:

Post View:

Halfway through the financial year, ADP implementation is 17.97 percent

The rate of implementation of the Annual Development Program (ADP) in the current financial year (2024-25) has decreased as compared to the previous financial year. The ADP implementation rate in the first six months (July-December) of the current fiscal year stood at 17.97 percent. The implementation rate was 22.48 percent during the same period of the last fiscal year 2023-24.

 

This information has been revealed in the latest progress report of the Implementation, Monitoring and Evaluation Department (IMED) of the Ministry of Planning. This is the first time in the last five years that the ADP implementation rate has decreased.

The total allocation for the current fiscal year is 2 lakh 78 thousand 288 crore 90 lakh taka. However, only 50 thousand 2 crores of rupees have been spent. As a result, the expenditure target in the next six months is Tk 2 lakh 28 thousand 286 crores.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

BRACNet Clinches Prestigious Huawei Datacom Partner Award in Colombo

B.Mirror Report: BRACNet Limited, one of Bangladesh’s pioneering Internet...

Prime Bank Holds 31st Annual General Meeting Virtually

Prime Bank PLC successfully conducted its 31st Annual General...

Mokamtola gets first upazila engineer in additional charge role

Bogura Correspondent: Shibganj Upazila Engineer Sihadul Islam has been...

Bangladesh signs12 renewable power projects to cut energy costs

Bangladesh Power Development Board (BPDB) has signed agreements for...