NEC approves Tk 1,80,870 crore ADP for FY19

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Cabinrt meeting

PV Desk : The National Economic Council (NEC) today approved an overall Annual Development Programme (ADP) of Taka 1,80,869.17 crore for the next fiscal (2018-19), including the organisations’ own fund, with more emphasis on speeding up the implementation of mega projects.

The approval came from the NEC meeting held at the NEC conference room in the city’s Sher-e-Bangla Nagar area with its Chairperson and Prime Minister Sheikh Hasina in the chair.

The ADP for the next fiscal, also the highest development budget in the country’s history, gave emphasis on speeding up the construction works of some mega infrastructure projects, including the Padma Bridge, Rooppur Nuclear Power Plant, Karnaphuli Tunnel, Matarbari Power Plant, Padma Bridge Rail link and Dhaka Metro rail.

Briefing reporters after the meeting, Planning Minister AHM Mustafa Kamal said they prepared and thus approved the ADP for the next fiscal considering the demands, achievements, capacity and previous performances of the ministries concerned and divisions in the outgoing fiscal 2017-18.

Out of the overall ADP size, Taka 1,19,810.95 crore will come from the local sources while Taka 61,058.22 crore from foreign sources.