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Govt approves Tk 2.65 lakh crore ADP for FY25

Published : Thursday, 16 May, 2024 at 3:26 PM  Count : 487

Govt approves Tk 2.65 lakh crore ADP for FY25

Govt approves Tk 2.65 lakh crore ADP for FY25


The government has approved the Annual Development Programme (ADP) of Tk 265,000 crores for the fiscal year of 2024-2025.

The approval came from the National Economic Council (NEC) meeting presided over by NEC Chairperson and Prime Minister Sheikh Hasina at the NEC Conference room in the city's Sher-e Bangla Nagar area.
Planning Minister Abdus Salam, State Minister for Planning Shahiduzzaman Sarker and Planning Division Senior Secretary Satyajit Karmaker briefed reporters after the meeting.

Planning Division Senior Secretary Satyajit Karmakar said that of the total ADP outlay of Tk 2,65,000 crore, Tk 1,65,000 crore will come from the local sources and Tk 1 lakh crore from foreign sources.
Govt approves Tk 2.65 lakh crore ADP for FY25

Govt approves Tk 2.65 lakh crore ADP for FY25

The original ADP size for the outgoing fiscal year (FY24) was Tk 2.63 lakh crore.

Satyajit Karmaka said apart from the original ADP outlay of Tk 2,65,000 crore, the NEC meeting also approved an allocation of Tk 13,288.91 crore for the autonomous bodies and corporations as their ADP for the next fiscal year (FY25).

Out of the amount, Tk 11,698.96 crore will come from local sources, while Tk 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 three sectors in the ADP for next fiscal year (FY25) are- Transport and
Communication Sector with an allocation of Tk 70,687.75 crore (26.67pc), Power and
energy sector with Tk 40,751.86 crore (15.38pc), Education sector with Tk 31,528.60
crore (11.36pc).



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