Taka 2,02,721cr ADP in FY20 budget

DHAKA, The government has allocated Taka 2,02,721

crore as Annual Development Programme (ADP) outlay in the proposed national

budget for FY20 giving highest priority to the transport sector.

Regional parity, human resource development, infrastructural development

and quality of expenditure have been given priority in the allocation for the

annual development programme, said Finance Minister AHM Mustafa Kamal while

placing his maiden national budget in parliament today.

Kamal, in his budget speech, said he proposed to allocate, from the annual

development programme, 27.4 percent for human resource (education, health and

related others), 21.5 percent for the overall agriculture sector

(agriculture, rural development, water resources, and related others), 13.8

percent for power and energy sector, 26 percent for communication (roads,

rails, bridges, and related other communications) and 11.3 percent for other

sectors.

Earlier, the National Economic Council (NEC) in a meeting with Prime

Minister Sheikh Hasina in the chair approved a Taka 2,02,721 crore Annual

Development Programme (ADP) outlay for the next fiscal.

In terms of sectorwise allocation, the transport sector received the

highest ADP allocation of Taka 52,806 crore or 26.05 percent of the original

ADP.

The Transport sector was followed by power sector with Taka 26,017 crore

or 12.83 percent of original ADP while Taka 24,324 crore or 12 percent of the

original ADP was proposed for physical planning, water supply and housing

sector.

Out of the original ADP size, Taka 1,30,921 crore will come from the

government's own resources while the remaining Taka 71,800 crore from project

assistance.

However, incorporating the autonomous bodies and corporation's own fund of

Taka 12,392.73 crore, the overall ADP size reached Taka 2,15,113.73 crore.

The new ADP for FY20 has some 1,475 projects including 1,358 investment

projects, 116 technical assistance projects and one project from the Japan

Debt Cancellation Fund (JFCF).

Besides, there are some 89 projects which would be implemented by

autonomous bodies and corporations. Earlier on May 8, the draft ADP size was

finalised at an extended meeting of the Planning Commission with Planning

Minister MA Mannan in the chair.

The ADP size for the next fiscal year is 17.18 percent higher than the

original ADP size of Taka 1,73,000 crore for the current fiscal year (FY19).

However, the revised ADP for the current fiscal year came down to Taka

1,67,000 crore. Besides, the education and religious sector received an

allocation of Taka 21,379 crore (10.55 percent of original ADP), Science and

ICT sector with Taka 17,541 crore (8.65 percent of original ADP), rural

development and rural institution sector Taka 15,157 crore (7.48 percent of

original ADP), health, nutrition, population and family welfare sector Taka

13,055 crore (6.44 percent of original ADP), agriculture sector Taka 7,616

crore (3.76 percent of original ADP), water resources sector Taka 5,653 crore

(2.79 percent of original ADP), public administration sector Taka 5,024 crore

(2.48 percent of original ADP).

According to the Ministrywise allocation, the Local Government Division

got the highest allocation of Taka 29,777 crore followed by the Power

Division with Taka 26,014 crore, Road Transport and Highways Division with

Taka 25,163 crore, Science and Technology Ministry with Taka 15,908 crore,

Railways Ministry with Taka 12,599 crore, Health Services Division with Taka

9,936 crore, Primary and Mass Education Ministry with Taka 9,270 crore,

Secondary and Higher Education Division with Taka 8,927 crore, Bridges

Division with Taka 8,561 crore and Water Resources Ministry with Taka 6,257

crore.

Source: Bangladesh Sangbad Sangstha (BSS)