The Planning Commission on Wednesday approved a draft Tk2,02,721 crore original Annual Development Programme (ADP) outlay for the next fiscal year (FY20) giving highest priority on the transport sector.
The draft ADP size was finalized at an extended meeting of the Planning Commission held at the NEC Conference Room in the city’s Sher-e-Bangla Nagar area with Planning Minister MA Mannan in the chair.
Of the draft original ADP size, Tk1,30,921 crore will come from the government’s own resources while the remaining Tk71,800 crore from project assistance. However, incorporating the autonomous bodies and corporation’s own fund of Tk12,392.73 crore, the draft overall ADP size reached Tk2,15,113.73 crore.
“The draft ADP for the next fiscal year will be placed before the National Economic Council (NEC) meeting soon,” said the Planning Minister while briefing reporters after the meeting.
He said that the government has kept continuing all-out efforts to ensure highest utilization of the ADP and hopefully this trend would continue in the next year also.
“The new draft ADP has given special emphasis on human resource development, power, infrastructure, education, and Public Private Partnership (PPP) initiatives,” he added.
Asked whether there would be any new step to break the shackles of lengthiness in project implementation, Mannan said that the government is trying hard to break this trend.
He informed that the Implementation Monitoring and Evaluation Division (IMED) under the Ministry of Planning would be further strengthened and hopefully good results would come at the end of the year.
About the implementation rate of the Annual Development Programme (ADP) for the July-April period of the current fiscal year, the Minister said the executing agencies could spend Tk96,493 crore or 54.63 % of allocation during this 10-month period.
The ADP implementation rate during the July-April period of the last fiscal year was 52.42 % or Tk82,603 crore.
Planning Division Secretary Md Nurul Amin said this draft ADP would be placed before the NEC meeting likely in the next week.
The proposed ADP size for the next fiscal year is 17.18 % higher than the original ADP size of Tk1,73,000 crore for the current fiscal year (FY19). However, the revised ADP for the current fiscal year came down to Tk1,67,000 crore.
The Transport sector received the highest draft allocation in the new ADP considering the Padma Bridge Project and the Padma Bridge Rail Link project. Besides, the Local Government Division enjoyed the highest allocation as a single Ministry with Tk29,776 crore.
In terms of sector-wise allocation, the transport sector received the highest draft ADP allocation of Tk52,805.69 crore or 26.5 % of the original ADP followed by the power sector with Tk26,017.13 crore or 12.83 % of original ADP, physical planning, water supply and housing sector with Tk24,324 crore or 12 % of the original ADP.
Besides, the education and religious sector received a draft allocation of Tk21,379.12 crore (10.55 % of original ADP), Science and ICT sector with Tk17,541.26 crore (8.65 % of original ADP), rural development and rural institution sector Tk15,157.40 crore (7.48 % of original ADP), health, nutrition, population and family welfare sector Tk13,055.47 crore (6.44 % of original ADP), agriculture sector Tk7,615.93 crore (3.76 % of original ADP), water resources sector Tk5,652.90 crore (2.79 % of original ADP), public administration sector Tk5,023.88 crore (2.48 % of original ADP).
General Economics Division (GED) member of the Planning Commission Dr Shamsul Alam and other Planning Commission members were present at the briefing.
