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51.98% ADP for financial year 2016-17 already implemented

  • Published at 07:31 pm May 2nd, 2017
51.98% ADP for financial year 2016-17 already implemented

51.98% Annual Development Programme (ADP) for the financial year 2016- 2017 has already been implemented in April.

“The percentage of ADP implementation for the current year is higher the previous year, which was 50.17% for Tk47,115cr at the end of financial year 2015-2016,” said the Planning Minister AHM Mustofa Kamal on Tuesday at the Planning Commission after Executive Committee of the National Economic Council (Ecnec) meeting.

The budgetary allocation for ADP 2016- 2017 is Tk62,004cr.

In addition, the Minister also said five new projects have been approved by the prime minister that will cost Tk5,710cr.

He said the cost of these projects will be borne by the government without any foreign assistance.

Three of the Ecnec approved projects are focused on development and upgradation of road infrastructure in Sylhet zone, Narsingdi district, and Bagerhat to Patgati highway.

“The Prime Minister has asked that proper drainage be integrated in these development projects,” said the planning minister.

Empowering women through ICT and rehabilitation of landless people are the focuses for the two other projects that were approved on Tuesday.

Asrayon-2 Prokolpo, the project targeted to rehabilitate landless people, in its second phase will cost Tk4,840.28cr and will rehabilitate approximately 0.25 million families by 2019.