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5 years ago

Tk 2.02t ADP for FY20 likely

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The Planning Commission on Wednesday approved a draft Tk 2.02 trillion (Tk 2,02,721 crore) original Annual Development Programme (ADP) outlay for the next fiscal year (FY20) giving highest priority on the transport sector.

The draft ADP size was finalized at an extended meeting of the Planning Commission held at the NEC Conference Room in the city’s Sher-e-Bangla Nagar area with Planning Minister MA Mannan in the chair.

Of the draft original ADP size, Tk 1.30 trillion (Tk 1,30,921 crore) will come from the government’s own resources while the remaining Tk 718 billion (Tk 71,800 crore) from project assistance. However, incorporating the autonomous bodies and corporation’s own fund of Tk 123 billion (Tk 12,392.73 crore), the draft overall ADP size reached Tk 2.15 trillion (Tk 2,15,113.73 crore).

“The draft ADP for the next fiscal year will be placed before the National Economic Council (NEC) meeting soon,” said the Planning Minister while briefing reporters after the meeting.

He said that the government has kept continuing all-out efforts to ensure highest utilization of the ADP and hopefully this trend would continue in the next year also.

“The new draft ADP has given special emphasis on human resource development, power, infrastructure, education, and Public Private Partnership (PPP) initiatives,” he added.

Asked whether there would be any new step to break the shackles of lengthiness in project implementation, Mannan said that the government is trying hard to break this trend.

He informed that the Implementation Monitoring and Evaluation Division (IMED) under the Ministry of Planning would be further strengthened and hopefully good results would come at the end of the year, reports BSS.

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