ADP worth Tk 2,37,000 approved by NEC ADP
Collected Maximum allocation in transport sector, including metro rail

ADP worth Tk 2,37,000 approved by NEC

Bangladesh Live News | @banglalivenews | 18 May 2021, 05:25 pm

Dhaka, May 18: The National Economic Council (NEC) meeting has approved the Annual Development Program (ADP) for 1,515 projects in the new financial year (2021-22) at a cost of Tk 2,36,793.9 crore. Its final approval will be given in the National Assembly.

The NEC meeting was chaired by NEC Chairperson and Prime Minister Sheikh Hasina on Tuesday (May 18). Cabinet members were present. The Prime Minister joined the meeting via video conference from Ganobhaban. After the meeting, Planning Minister MA Mannan presented the information to the journalists.

He said 1,426 projects under ADP and 89 development projects funded by autonomous agencies and corporations will be implemented in the fiscal year 2021-22.

The planning minister further said that the NEC has approved ADP for the new financial year with an expenditure of Tk 2,25,324 crore. Of this, Tk 1,37,299.91 crore will be provided from domestic sources and Tk 88,024.23 crore from foreign sources.

In addition, the NEC has approved ADP worth about Tk 11,468.95 crore for autonomous bodies or corporations. Of this, Tk 6,717.48 crore will be provided from domestic sources and Tk 4,751.47 crore from foreign sources.

The new ADP has been allocated to a total of 15 sectors.

Among the 10 most important sectors, the transport and communication sector has been allocated around Tk 61,631 crore (27.35 per cent).

In the power and energy sector about Tk 45,868 crore (20.36 percent).

In the housing and community amenities sector, about Tk 23,747 crore (10.54 percent).

In the education sector about Tk 23,178 crore (10.29 percent).

In the health sector, about Tk 18,307 crore (7.68 percent).

About Tk 14,284 crore (6.34 percent) in local government and rural development.

Environment, climate change and water sector about Tk 8,526 crore (3.78 percent).

About Tk 7,665 crore (3.40 percent) in the agricultural sector.

About Tk 4,638 crore (2.06 per cent) in the industrial and economic services sector and

In science and information technology, about Tk 3,587 crore (1.59 per cent).