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Dhaka     Friday   14 June 2024

Tk 2.65 lakh crore ADP approved

News Desk || risingbd.com

Published: 16:00, 16 May 2024   Update: 17:07, 16 May 2024
Tk 2.65 lakh crore ADP approved

The government has approved the Annual Development Programme (ADP) of Tk 2,65,000 crore for the fiscal year of 2024-2025. 

It was approved at the National Economic Council (NEC) meeting at the NEC Conference room in the city’s Sher-e Bangla Nagar area on Thursday.

NEC Chairperson and Prime Minister Sheikh Hasina presided over the meeting.

Among the overall cost, Tk 1,65,000 crore will come from the national exchequer, while Tk 1,00,000 will come  from the loan from internal sources and aids.

Planning Division Senior Secretary Satyajit Karmaker briefed reporters after the meeting.

Planning Minister Abdus Salam and State Minister for Planning Shahiduzzaman  Talukder were also present.

The Planning Secretary said that the fresh ADP features 1,321 projects, including 1,133 investment projects, 21 feasibility projects, 87 technical assistance projects, and some 80 projects, to be implemented by the autonomous bodies and corporations.
He said the new ADP includes some 1,225 fresh projects, 80 of those are PPP projects and 300 projects to be implemented from the climate change trust fund.
Satyajit said considering some 22 more projects, that are nearing completion, a record number of 356 projects would be completed by June 30 of this fiscal year.

The highest allocated 10 sectors in the ADP for next fiscal year (FY25) are: Transport and Communication Sector with an allocation of Taka 70,687.75 crore (26.67%), Power and energy sector with Taka 40,751.86 crore (15.38%), Education sector with Taka 31,528.60 crore (11.36%), Housing and Community Facilities Sector with Taka 24,868.03 crore (9.38%), Health Sector with Taka 20,682.88 crore (7.80%), Local government and rural development sector with Taka 17,986.21 crore (6.79%), Agriculture Sector with Taka 13,219.59 crore (4.99%), Environment, climate change and water resources sector with Taka 11,089.43 crore
(4.18%), Industry and Economic services sector with Taka 6,492.18 crore (2.45%), and Science and ICT Sector with Taka 4,786.92 crore (1.25%).
These 10 sectors witnessed an allocation of Taka 2,42,093.45 crore, which is 90.25 percent of the overall allocation.
On the other hand, the highest allocated 10 ministries and Divisions are: Local Government Division with Taka 38,808.88 crore (15%), Road Transport and Highways Division with Taka 32,042.43 crore (12.39%), Power Division with Taka 29,176.70 crore (11.28%), Primary and Mass Education with Taka 16,135.52 crore (6.24%), Health Services Division with Taka 13,741.33 crore (5.31%), Ministry of Railways with Taka 13,725.64 crore (5.31 %), Ministry of Science and Technology with Taka 12,886.70 crore (4.98%), Secondary and Higher Education Division with Taka 11,387.69 crore (4.40%), Ministry of Shipping with Taka 10,373.45 crore (4.01%) and Ministry of Water Resources with Taka 8,687.09 crore (3.36%).
These 10 highest allocated ministries and divisions witnessed an overall allocation of Taka 1,86,965.43 crore or 71.88 percent of the overall ADP allocation against ministries and divisions.