Govt okays revised ADP of Tk 1,10,700cr

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BSS, Dhaka :
Without slashing the original size of the Annual Development Programme (ADP) for fiscal 2016-17, the National Economic Council (NEC) on Tuesday approved a revised ADP of Taka 1,10,700 crore.
The focus continues to be on projects in transport sector.
In the revised ADP, the government increased its allocation to Taka 77,700 from Taka 70,700 crore of the original ADP as the Prime Minister increased the allocation by Taka 6,500 against the planning commission’s proposed allocation Taka 71,200 crore.
The approval came at a meeting of the highest policy making body of the economic affairs held at the NEC conference room in city’s Sher-e-Bangla Nagar with Prime Minister Sheikh Hasina in the chair.
“Planning commission has proposed the revised ADP of Taka 71,200 crore but Prime Minister Sheikh Hasina allocated additional Taka 6,500 crore to maintain investment trend for higher economic growth”, Planning Minister A H M Mustafa Kamal said while briefing journalists about the outcome of the meeting at the NEC.
He said the additional amount will be allocated as per the demand of different ministries and implementing agencies.
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