ADP implementation drops to 49.26pc in first 10 months of FY24

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Business Report :
The Annual Development Programme (ADP) implementation registered a significant drop in the first ten months of the current Fiscal Year 2024, available data shows.

This marks the lowest ADP implementation rate in the last three financial years.

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Data from the Implementation Monitoring and Evaluation Division (IMED) of the planning ministry reveals that the government spent 49.26% or Tk 1.25 lakh crore of their allocated budget under the ADP in the first ten months (July-April).

The rate of ADP implementation in the July-April period was 50.33% in FY23 and 54.57% in the previous fiscal year. The revised ADP allocation for the current financial year was Tk2.54 lakh crore, which includes funding from various organisations.