ADP implementation slows to 15-year low in first 8 months of FY25

The implementation of the Annual Development Plan (ADP) for the first eight months of the current fiscal year has been recorded at 24.27 percent, falling well short of the progress year on year.

The progress over the same period last year was marked at 31.17 percent.

Data from the planning ministry’s Implementation Monitoring and Evaluation Division (IMED) says the progress in the 2024-25 financial year is the lowest in the last decade and a half.

Following the shift in the political landscape after the July Uprising, the sluggish development projects gained some momentum in December, but again lost pace over the next two months.

IMED says in February, the cost of implementing development projects was Tk 76.76 billion, amounting to 2.76 percent of the total ADP.

During the same period in FY24, the expenditure was 4.06 percent and cost Tk 111.38 billion.

In January, the cost of implementing development projects was Tk 98.74 billion, which is 3.55 percent of the total ADP, falling short of the previous year’s 4.63 percent when the cost was Tk 127.2 billion.

In December, as much as Tk 157.8 billion, 5.67 percent of the total ADP, was spent.

In total, Tk 675.53 billion was spent implementing development projects over the first eight months of FY 2024-25. It was Tk 856.02 billion in the same period last year.

The ousted Awami League government had allocated Tk 2782.88 billion to the ADP in the budget for the current year.