VOL NO REGD NO DA 1589

Thursday, January 19, 2006

HEADLINE

POLITICS & POLICIES

METRO & COUNTRY

VIEWS & REVIEWS

EDITORIAL

LETTER TO EDITOR

COMPANIES & FINANCE

BUSINESS & FINANCE

LEISURE & ENTERTAINMENT

MARKET & COMMODITIES

SPORTS

WORLD

 

FE Specials

FE Education

Urban Property

Monthly Roundup

Saturday Feature

Asia/South Asia

 

Feature

13th SAARC SUMMIT DHAKA-2005

WOMEN & ECONOMY

57th Republic Day of India

US TRADE SHOW

 

 

 

Archive

Site Search

 

HOME

HEADLINE
 
ADP implementation progress satisfactory, says Saifur
FE Report
1/19/2006
 

          Finance and Planning Minister M Saifur Rahman Wednesday expressed satisfaction on the progress of implementation of annual development programme (ADP) for fiscal 2005-06.
"Till November the ADP implementation rate was disappointing," Saifur Rahman told reporters after a review meeting on ADP.
He said the implementation rate had gone up in December.
Planning ministry officials placed latest data on 12 to 13 ministries and divisions during the meeting showing the average implementation rate at 33 per cent until December.
"I think it's not a bad performance considering the progress of ADP implementation in December," he added.
He pointed out that the utilisation of ADP fund was not satisfactory in the first quarter of the current fiscal due to delay in tender procedure and some problems relating to procurement guidelines.
"But once these problems were resolved, the implementation rate of the ADP became faster," he said adding that the ministries and divisions were now hopeful of maintaining similar progress in the coming months.
Some 15 ministries and divisions, which are responsible for carrying out more than 75 per cent of Tk 245 billion ADP, implemented only 23 per cent in first five months of the 2005-06.
This was the lowest implementation rate for the period of July to November in last four fiscals.
The ministries and divisions, however, could overcome the sluggishness in ADP fund utilisation and showed better performances in December.
To a query Planning secretary Akhtar Hossain could not give any satisfactory answer about the sudden jump in ADP implementation in December.
"It might happen," he said.
To another query, Hossain said the performance of the Communication Ministry is worst among the lead ministries.
Education, health, primary and mass education and Chittagong hill tracts ministries, according to him, have done fairly well in utilisation of the ADP fund.
The next ADP review meeting is likely take place in February.

 

 
  More Headline
Finance, home ministries at loggerheads
ADP implementation progress satisfactory, says Saifur
Tanneries shine thru’ rawhide gain
India needs its leaders to discover their spirit of 'can do'
Crucial EC meeting today amid division among commissioners
Future of Safta deal appears fuzzy
Gold prices rise again
Total Gas buys 60pc share of blocks 17, 18
Wal-Mart warns local exporters on compliance issue
Top StanChart executive due in city today
BDR recovers huge arms, ammo from Bandarban
Outlawed party leader killed in shootout
Draft overseas employment policy discussed
Asian Highway controversy
Many diseases can be cured sans medicines: Experts
RPCL files case against its consultant
Trade, investment ties to dominate Bangla-Vietnam JEC meet in Feb
Japan bourse plunges again
Meeting to curb abuse of prepaid cell phones likely today
Capacity building efforts for tapping youth power stressed
Bangladeshi peacekeepers in Ivory Coast fight with attackers
Businesses in commodity markets remain dull
Niko formally agrees to compensate govt losses
Developments in the region and abroad
 

Print this page | Mail this page | Save this page | Make this page my home page

About us  |  Contact us  |  Editor's panel  |  Career opportunity | Web Mail

 

 

 

 

Copy right @ financialexpress.com