ADP implementation in July-Dec
Civil aviation ministry at bottom of tallyStaff Correspondent
The ministry of civil aviation and tourism bottomed the tally with one per cent implementation of
annual development programme in the first six months of the current fiscal year while the overall ADP implementation was 34 per cent.
Speaking in parliament, the minister for finance, Abul Maal Abdul Muhith, cited a report of the Implementation, Monitoring and Evaluation Division, while giving statistics of ADP implementation rates of 28 ministries and divisions till January 2012.
He said of the total implemented ADP, 41 per cent was done by the government and 24 per cent was done under project assistance.
Ministry of youth and sports was second in bottom with three per cent implementation followed by banks and financial
institutions division with six per cent implementation. Bridge division could implement only nine
per cent and shipping ministry only 15 per cent
of the ADP.
The statistics division could implement more than 100 per cent with 144 per cent implementation. Besides, the ministry of land could implement more than half of the target executing 51 per cent of ADP.
Seven more ministries and divisions could achieve the rate of more than 40 per cent implementation.
The agriculture ministry and disaster management and relief ministry executed 47 per cent, CHT affairs ministry and local government division implemented 46 per cent, legislative and parliamentary affairs division 43 per cent, roads division 42 per cent and rural development and cooperatives division 41 per cent.
The remaining ministries and divisions could
implement the ADP between 21 per cent and 38 per cent.
Responding to a query from Hafiz Uddin Ahmed, Muhith said the government got commitment of $ 3,955.04 million from lending agencies or countries till January of the current fiscal year. Of the amount, $ 2,992.88 million was loan and $ 962.29 million was aid.
The finance minister said $ 658.97 million of foreign aid had been disbursed during the time.
Responding to Nilofar Chowdhury Moni, Muhith said the government had no plan to make the National Board of Revenue an autonomous body.
The minister admitted that investment in savings bonds had reduced at an alarming rate due to imposing tax on profits of the bonds and lowering interest rate.
He said the government has increased profit rate in the bonds and took measures for publicity to encourage people to invest in savings bonds.
Responding to Harunur Rashid, Muhith said the central bank had no information whether any syndicated hundi ring smuggled out Tk 20,000 crore each year on an average.
He also said increased inflow of remittance and the government’s line credit from Islamic Development Bank and other agencies had contributed a balance in demand and supply of foreign currencies.
The finance minister expected a decrease of price inflation as fuel prices reduced in the global market.
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