NEC approves Tk 1,65,000cr revised ADP
Arafat Hasan of DOT
The National Economic Council (NEC) has approved a Taka 1,65,000 crore Revised Annual Development Program (RADP) for the current fiscal year (FY19) keeping highest priority on the transport sector.
The approval came from a NEC meeting held yesterday at its conference room with Prime Minister Sheikh Hasina in the chair, reported BSS.
Briefing reporters after the meeting, Planning Minister MA Mannan said the revision to the ADP was made considering availability of local resources, foreign financing and considering the overall macroeconomic situation.
The NEC meeting also approved a Taka 9,620 crore RADP for the autonomous bodies and corporations and incorporating this portion, the overall size of RADP rose to Taka 1,74,620 crore.
Out of the main RADP size of Taka 1,65,000 crore, the Minister said that Taka 1,14,000 crore will come from the local sources, Taka 51,000 crore as project assistance while the rest of Taka 9,620 crore has been kept for the autonomous bodies and corporations.
Earlier in May, the NEC approved an Annual Development Programme (ADP) of Taka 1,73,000 crore for the current fiscal (2018-19).