NEC approves Tk 2.65 lakh crore ADP for FY25

Reported By: ST Report Posting Time: 2024-05-17 04:19:32 Catagory: Bank
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NEC approves Tk 2.65 lakh crore ADP for FY25

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 Chairperson and Prime Minister Sheikh Hasina in the chair at the NEC Conference Room in the city Sher-e-Bangla Nagar area.
Briefing reporters after the meeting, Planning Division Senior Secretary Satyajit Karmakar said that of the total ADP outlay of Taka 2,65,000 crore, Taka 1,65,000 crore will come from the local sources and Taka 1 lakh crore from foreign sources.
The original ADP size for the outgoing fiscal year (FY24) was Taka 2.63 lakh crore.