A bit expansionary Tk 2.65 trillion worth of Annual Development Programme (ADP) is estimated for the next fiscal year for "facilitating the country's development", officials said.
The Planning Commission (PC) Tuesday drafted the Tk 2.65- trillion ADP, 0.76-percent higher than the original Tk 2.63 trillion ADP for the current FY2024 and 8.16 per cent up from the Tk 2.45 trillion revised ADP (RADP).
The PC, in a meeting of its extended committee, headed by the Planning Minister, approved the ADP for the upcoming fiscal year (FY) 2024-25.
In addition, the PC has proposed a Tk 132.86-billion allocation for the autonomous and semi-autonomous public agencies in the upcoming development budget.
"We've finalised the ADP from our side on Tuesday. It will be approved at the next NEC meeting," said a senior PC official.
The National Economic Council is likely to meet on May 16.
Out of the drafted Tk 2.65-trillion ADP outlay for the next fiscal, the PC has proposed Tk 1.65 trillion to come from government's internal resources while Tk 1.0 trillion from external resources or project aid.
The PC extended committee has recommended fund allocation to 1337 development projects for the next fiscal.
Like in previous times, the transport communications sector is also going to get the biggest slice of the ADP cake-Tk 706.88 billion, accounting for 26.67 per cent of the total ADP outlay in the upcoming fiscal.
Power and energy sector is in the second position while the education sector in the 3rd and housing and community sector 4th position in the Tk 2.65- trillion ADP.
The ADP is part of the national budget under which the government implements development projects every year for facilitating economic growth of the country.
Another PC official says they set aside Tk 99.58 billion as block allocations in the upcoming ADP, including Tk 63.28 billion for 'special development needs'.
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