FE Report
The caretaker government has taken initiatives to drop less important projects under the current annual development programme (ADP) in order to use funds for post-flood rehabilitation schemes and priority areas.
The Planning Commission (PC) has already issued a set of guidelines to the ministries, divisions and agencies to prepare priority lists for the projects, official sources said.
The government has formed two separate committees in the PC for revising the current ADP after reviewing and analysing the project lists.
A PC official told the FE: "The commission as per the government's instructions may finalise the priority projects after dropping and suspending the less important ones under the current ADP by next month."
The official said initiatives have also been taken to reduce dependence on external assistance and avert domestic borrowing from the banking sources for reconstruction of the infrastructures, damaged by the floods across the country, and rehabilitation works.
The caretaker government adopted a Tk 265 billion ADP for fiscal 2007-08. Some 51 per cent of the fund will be mobilised from the internal resources and the remaining 49 per cent from the external sources.
Unimportant projects to be dropped from ADP
FE Team | Published: August 25, 2007 00:00:00 | Updated: February 01, 2018 00:00:00
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