The government needs to spend Tk 8,978 crore or 32 per cent of the sum allocated to the revised Annual Development Programme by June, the last month of the outgoing fiscal year, said official sources.
Only 68 per cent, or Tk 19,522 crore, of the revised outlay of Tk 28,500 crore was spent for project implementation in 11 months till May, according to the Implementation, Monitoring and Evaluation Division of the Ministry of Planning.
It is not possible to disburse the remaining sum of Tk 8,978 crore in only one month, said officials.
The government, sensing the poor performance rate of ADP implementation, had earlier revised the initial ADP allocation down to Tk 28,500 crore from Tk 30,500 crore.
In the last three fiscal years (2008-09, 2007-08, 2006-07), the country’s rate of development was only 61 per cent.
In a post-budget press conference, finance minister AMA Muhith said that the government would ensure cent-per-cent implementation of the ADP in the outgoing fiscal year.
Mirza Azizul Islam, former finance adviser to a caretaker government, said, ‘The ADP implementation rate is still poor though the fiscal year is about to come to an end. In spite of that the government has again set aside a big sum for the Annual Development Programme in the proposed budget. It won’t benefit the country, unless full implementation of the ADP is ensured by increasing capacity.’
Referring to the ADP allocation for the outgoing financial year, Mirza Aziz said that not more than Tk 24,000 crore, out of Tk 28,500 crore allocated, could be spent this fiscal year for lack of capacity, and only 68 per cent of the total sum was disbursed in the last 11 months.
He was also critical of the huge outlay of Tk 38,500 crore for the ADP planned for the next fiscal year. ‘It is in no way possible to spend more than Tk 9,000 crore every quarter because of the May-June syndrome,’ he said.
He explained that the ‘May-June syndrome’ means more fund disbursement in the last quarter of the financial year.
The rate of implementation of the ADP projects of the Local Government and Cooperatives Division was 54 per cent, of the Power Division 54 per cent, of the Roads and Railways Division 62 per cent, of the health ministry 60 per cent, of the education ministry 75 per cent, of the agriculture ministry 73 per cent, of the water resources ministry 51 per cent, of the energy ministry 79 per cent, of the home affairs ministry 86 per cent, of the liberation war affairs ministry only 27 per cent, of the Bangladesh Election Commission 58 per cent, of the industry ministry 80 per cent, of the jute and textiles ministry 49 per cent, of the foreign affairs ministry only 4 per cent, of the woman and children affairs ministry 79 per cent, of the environment ministry 55 per cent, of the water resources ministry 51 per cent, of the Food Division only 27 per cent, of the disaster and relief ministry 77 per cent, of the Chittagong Hill Tracts affairs ministry 56 per cent, of the civil aviation and tourism ministry 58 per cent, of the Bridge Division 53 per cent, of the finance ministry 46 per cent and of the Anti-Corruption Commission 34 per cent only.
New Age: Asif Showkat