BSS
  16 May 2024, 16:39
Update : 17 May 2024, 12:13

NEC approves Tk 2.65 lakh crore ADP for FY25


 
DHAKA, May 16, 2024 (BSS) - The National Economic Council (NEC) today approved a
Taka 2.65 lakh crore Annual Development Programme (ADP) for the next fiscal year (FY25),
putting the highest allocation of Taka 70,687.75 crore (26.67%) in the transport and
communication sector.
 
The approval came from the meeting of the National Economic Council (NEC) today with its
Chairperson and Prime Minister Sheikh Hasina in the chair at the NEC Conference Room in
the city's Sher-e-Bangla Nagar area.
 
Briefing reporters after the meeting, Planning Division Senior Secretary Satyajit Karmakar
said that of the total ADP outlay of Taka 2,65,000 crore, Taka 1,65,000 crore will come from
the local sources and Taka 1 lakh crore from foreign sources. The original ADP size for the
outgoing fiscal year (FY24) was Taka 2.63 lakh crore.
 
Planning Minister Major General (Retd) Abdus Salam, State Minister for Planning Md
Shahiduzzaman Sarker, Planning Commission members and respective secretaries attended
the briefing.
 
Satyajit said apart from the original ADP outlay of Taka 2,65,000 crore, the NEC meeting
also approved an allocation of Taka 13,288.91 crore for the autonomous bodies and
corporations as their ADP for the next fiscal year (FY25). Out of the amount, Taka 11,698.96
crore will come from local sources, while Taka 1,589.95 crore will come from foreign sources.
 
Considering the allocation against the autonomous bodies and corporations, the overall ADP
size reached Taka 2,78,288.91 crore for the next fiscal year.
 
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.
 
 

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