Planning Commission and Planning Ministry
Ambitious ADP worth Tk 2.13trn on the cards
The annual development programme (ADP) for 2021-22 fiscal will prioritise the transport, education, health and agriculture sectors, with a view to off-setting the adverse impacts of the coronavirus crisis that have weighed on the economy since March last year.
According to the Planning Commission and Planning Ministry sources, the size of the ADP in the upcoming budget is likely to be in the range of Tk 2130 billion- just over a third of what is shaping up to be a Tk 6 trillion finance bill.
Of the total ADP, some Tk 1500 billion, or Tk 1.5 trillion, would come from local sources while the remaining Tk 630 billion is expected to come from foreign sources.
Some adjustments in the size and source may come when the National Economic Council (NEC) approves the final ADP for the next fiscal.
The number of projects to be included in the ADP for 2021-22 is around 1900, including 1480 investment projects.
For the 2020-21 fiscal, which expires on June 30, the government is working with an ADP of Tk 2051.45 billion, giving the highest priority to the transport sector.
Also read: ADP for new fiscal year likely to be cleared Tuesday with tough challenges ahead
Of the original ADP, Tk 1346.43 billion was slated to come from local sources while Tk 705.02 billion from the foreign sources.
The number of projects in the ADP was 1584 to start with, including 1456 investment projects, 127 technical assistant projects, and one project from the Japan Debt Cancellation Fund (JDCF). Besides, there were 89 projects of the autonomous bodies and corporations.
But the National Economic Council (NEC) in March approved a revised ADP of Tk 1976.43 billion, downsizing it by some Tk 75 billion..
The entire reduction was down to a cut in the foreign funding, which came down to Tk 630 billion from Tk 705 billion.
3 years ago