NEC likely to approve Tk 92,500 cr ADP

Transport sector to get priority

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UNB, Dhaka :
The National Economic Council (NEC) on Thursday is likely to approve a Tk 92,500 crore Annual Development Programme (ADP) for the 2015-16 fiscal year’s budget, giving highest priority to the transport sector considering the development of the communication sector and the implementation of the Padma Bridge project.
NEC chairperson and Prime Minister Sheikh Hasina will preside over the meeting to be held at the NEC conference room in the city’s Sher-e-Bangla Nagar area.
Out of the proposed ADP allocation, Tk 58,000 crore will come from the local sources while Tk 34,500 crore from project assistance, said a highly placed source at the Ministry of Planning.
The proposed new ADP for FY16 is Tk 12,185.48 crore or 15.17 percent higher than the original ADP size of Tk 80,314.52 crore in the FY15 and also Tk 17,500 crore or 23.33 percent higher than the revised ADP allocation of Tk 75,000 crore in FY15.
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