TDS Desk:

The government has approved a Tk2.65 lakh crore proposed Annual Development Programme (ADP) for the upcoming fiscal year 2024-25.

The ADP was approved on 16 May at the National Economic Council (NEC) meeting chaired by Prime Minister Sheikh Hasina.

Satyajit Karmakar, senior secretary of the Ministry of Planning, presented this information at a press conference after the National Economic Council (NEC) meeting.

He said that the NEC has approved the annual development program (ADP) of Tk 265 thousand crore for the financial year 2024-25. Out of this, a target of spending 1 lakh 65 thousand crores from government funds and 1 lakh crores from foreign loans has been set.

The senior secretary said that two lakh 65 thousand crore taka are being allocated to ADP for the next fiscal year. Apart from this, the autonomous institutions have their own financing of 13 thousand 286 crore 19 lakh taka. All in all, the size of the new ADP will be 2 lakh 78 thousand 286 crore 19 lakh taka.

Planning Minister Abdus Salam and State Minister Shahiduzzaman Talukder were present at this time.