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
Tag: NEC
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
EBL, NEC sign remittance deal
The Eastern Bank Limited (EBL) has signed a remittance service deal with NEC Money Transfer Limited on Tuesday, a press release said. Ali Reza Iftekhar, MD and CEO of the bank, and Ikram Farazy, chairman of NEC Money Transfer, signed the deal on behalf of their respective organizations. Jahangir Farazy,
SJIBL signs remittance deal with NEC
Shahjalal Islami Bank Ltd. signed a remittance drawing agreement with National Exchange Company (NEC) at the bank’s corporate head office recently, a press release said Wednesday. Managing Director & CEO of ShahjalalIslami Bank Mosleh Uddin Ahmed and the Chairman of National Exchange Company Mohammed Idrish Farazy signed the agreement 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
Hasina vows to accelerate country’s socio-economic development for better living standard of people
Prime Minister Sheikh Hasina on Wednesday reiterated her commitment to improving the living standard of people through socio-economic development of the country. “I am working for achieving a goal…. I have to implement the ideals with which my father had made the country independent. That is my promise. In this position,
PM talks tough against corruption by public servants
Prime Minister Sheikh Hasina on Wednesday said public servants will face tough punishment if anyone indulges in corruption. "As we are providing various facilities, we will not tolerate any corruption," she said. The prime minister said this while speaking at a meeting with all secretaries of the public service. Held at the NEC
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