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NEC okays Tk 2,46,066cr ADP for FY23

News Desk | banglanews24.com
Update: 2022-05-17 16:04:10
NEC okays Tk 2,46,066cr ADP for FY23

The National Economic Council (NEC) on Tuesday (May 17) approved a Tk 2,46,066.09 crore Annual Development Programme (ADP) for the next fiscal year (FY23) giving the highest allocation to the transport and communication sector.

NEC Chairperson and Prime Minister Sheikh Hasina presided over the meeting virtually from her official Ganabhaban residence. 

Ministers, State Ministers, Planning Commission members and secretaries concerned attended the meeting from the NEC Conference Room in the city's Sher-e-Bangla Nagar area and also from the Cabinet Division conference room at Bangladesh Secretariat.

Planning Minister MA Mannan briefed reporters after the meeting.

He said that out of the original ADP outlay of Tk 2,46,066.09 crore for the next fiscal year, Tk 1,53,066.09 crore will come from the local sources while the rest of Tk 93,000 crore as project assistance.

State Minister for Planning Dr Shamsul Alam, Planning Commission members and secretaries concerned were present at the briefing.
 
However, considering an allocation of Tk 9,937.18 crore against the autonomous bodies and corporations, the overall ADP allocation for the next fiscal reached Tk 2,56,003.27 crore.
 
The size of original ADP in the current fiscal year (FY22) was Tk 2,25,324.14 crore which was later downsized to Tk 2,07,550 crore. The fresh ADP for FY23 is around 9.21 percent higher than the original ADP of the current fiscal year and 18.56 percent higher than the RADP of the current fiscal year.

Some 1,435 projects are in the new ADP including some 1,244 investment projects, some 106 technical assistance projects and some 85 projects to be financed from the own fund of the autonomous bodies and corporations.

BDST: 1604 HRS, MAY 17, 2022 
MN/SMS

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