The New Nation - Internet Edition

UNB, Dhaka

Finance Adviser Dr Mirza Azizul Islam Monday expressed frustration at the less-than-expected ADP implementation rate.

"I don't think the ADP implementation rate in the first five months of the current fiscal is satisfactory, it's frustrating. The implementation rate is lower than that of the last three years," Dr Aziz told reporters after the ADP implementation review committee meeting at the NEC conference room.

The ADP implementation until November this fiscal was only 16 percent, the lowest compared to the corresponding periods of the last three years.

The ADP implementation rate of the first five months in 2005-06 and 2006-07 fiscal years were 19 and 20 percent respectively.

Describing the reasons behind this slower implementation rate, he said, the rate slowed down due to natural calamities in addition to some legal complexities, especially in the acquiring lands.

The Adviser hoped that the implementation rate would be geared up by minimizing the complexities.

He said the revised ADP would be dependent on the ADP implementation rate. "We're trying to increase the overall revenue collection. We've already achieved 22 percent revenue growth. It won't be a problem to implement ADP if we got all the money committed by the donors," Dr Aziz said.

LGRD Adviser Anwarul Islam and concerned ministry officials were present at the meeting.