Tk 2.65 lakh crore ADP set for FY25

The government has set the Annual Development Programme (ADP) outlay at Taka 2,65,000 crore for the next fiscal year (FY25) putting highest allocation in the transport and communication sector. "For the upcoming FY 2024-25, the budget size has been estimated to be Taka 7,97,000 crore, which is 14.2 percent of the

NEC approves Tk 2.65 lakh crore ADP for FY25

The National Economic Council (NEC) today approved a Taka 2.65 lakh crore Annual Development Programme (ADP) for the next fiscal year (FY25), putting the highest allocation of Taka 70,687.75 crore (26.67%) in the transport and communication sector. The approval came from the meeting of the National Economic Council (NEC) today with its

NEC downsize ADP for FY24 by Tk 18,000cr

The National Economic Council (NEC) on Tuesday approved a Tk 245,000-crore revised Annual Development Programme (ADP) for the current fiscal year of 2023-2024 (FY24), slashing the original ADP by Tk 18,000 crore. The approval came from a NEC meeting presided over by its chairperson and Prime Minister Sheikh Hasina at the

NEC okays Tk 2.63 lakh cr original ADP for FY24

The National Economic Council (NEC) Thursday approved a Taka 2.63 lakh crore original ADP for the next fiscal year (FY24) making highest allocation of Taka 75,945 crore (28.88% of allocation) in the transport and communication sectors. The approval came from a meeting of the NEC held today with its chairperson and

Tk 227,566cr revised ADP okayed for FY23

The National Economic Council (NEC) on Wednesday approved Tk 227,566.09-crore Revised Annual Development Programme (RADP) for the current fiscal year (FY23), cutting Tk 18,500 crore from the allocation of foreign sources portion in the original ADP outlay.  Out of the total RADP allocation, Tk 153,066.09 crore will be drawn from the

Kamal sees Q1 performance of FY23 budget satisfactory

The position of basic macroeconomic indexes including revenue collection, remittances, export growth, annual development programme (ADP) expenditure and money supply in the first quarter (July-September) of the running 2022-23 fiscal was satisfactory.This was stated by Finance Minister AHM Mustafa Kamal on Thursday in a report placed in the House on

Tk 2.46 trillion ADP for FY23 approved

The National Economic Council (NEC) on Tuesday approved  the annual development programme (ADP) for FY23 with an outlay of Tk 2,46,066.09 crore, up by 9.23 per cent from the previous year. The highest allocation has gone to the transport and communication sector apart of prioritising optimum utilization of public fund by

NEC approves ADP involving Tk 225,324cr for 1,426 projects

The National Economic Council (NEC) on Tuesday approved the Annual Development Programme (ADP) involving Tk 225,324 crore for 1,426 projects for the 2021-22 fiscal year with focus on transport and communications, power, housing, education and health sectors. Among the approved projects, 1,308 will be investment ones while 118 will be of

Govt plans steps to expedite project implementation

Integrated budget & accounting system for ministries on the cards The government is taking a series of measures to enhance the implementation rate of Annual Development Programme (ADP) to overcome the lack of capability to use project funds and speed up the pace of development. Allocations for ADP in the budget have