NEC to approve revised ADP today with 3.23pc cut

The National Economic Council (NEC) is to approve the Revised Annual Development Programme (RADP) for the current fiscal year (FY18) today (Tuesday) with a proposal for making a 3.23 per cent cut from the original ADP size, reports BSS.

"The NEC meeting will be held tomorrow and it will be proposed before the meeting to make a Tk 49.5 billion cut from the original ADP of Tk 1.53 trillion," a senior Planning Commission (PC) official said Monday.

Prime Minister Sheikh Hasina will preside over the meeting at the NEC conference room in the city's Sher-e-Bangla Nagar area.

The official said the NEC earlier approved a Tk 1.53 trillion ADP for the current fiscal year with Tk 963.31 billion coming from the domestic resources while TK 570.00 billion from the foreign resources.