Alexa Tk 2 2,721cr ADP approved

Dhaka, Sunday   22 September 2019


Tk 202,721cr ADP approved

 Staff Correspondent

 Published: 03:56 PM, 21 May 2019   Updated: 03:56 PM, 21 May 2019

Photo: PID

Photo: PID

A Tk 2,02,721 crore Annual Development Programme (ADP) outlay was approved for the next fiscal giving highest priority to the transport sector.

The National Economic Council (NEC) on Tuesday approved this in a meeting with Prime Minister Sheikh Hasina in the chair at the NEC conference room at Sher-e-Bangla Nagar area in the capital. 

“In terms of sector-wise allocation, the transport sector received the highest ADP allocation of Tk 52,806 crore or 26.05 percent of the original ADP,” Planning Minister MA Mannan told a media briefing emerging from the meeting.

He added that the sector was followed by power sector with Taka 26,017 crore or 12.83 percent of original ADP while Taka 24,324 crore or 12 percent of the original ADP was proposed for physical planning, water supply and housing sector.

Mannan said out of the original ADP size, Taka 1,30,921 crore will come from the government’s own resources while the remaining Taka 71,800 crore from project assistance.

However, incorporating the autonomous bodies and corporation’s own fund of Taka 12,392.73 crore, the overall ADP size reached Taka 2,15,113.73 crore.

The new ADP for FY20 has some 1,475 projects including 1,358 investment projects, 116 technical assistance projects and one project from the Japan Debt Cancellation Fund (JFCF).

Besides, there are some 89 projects which would be implemented by autonomous bodies and corporations.

Earlier on May 8, the draft ADP size was finalised at an extended meeting of the Planning Commission with Planning Minister MA Mannan in the chair.