The government downsized the Annual Development Programme (ADP) to Tk 28,500 crore in its maiden budget for the 2009-10 fiscal year while pushed up the number of uplift projects.
Officials said the National Economic Council app-roved the revised ADP with the spending cuts in its meeting Tuesday with NEC chairperson and Prime Minister Sheikh Hasina in the chair.
With the trimming, the allocation to the development budget stands at Tk 2,000 crore or 6.6 percent less than the actual ADP size of Tk 30,500 crore.
Under the revised ADP, the number of projects was raised to 1058 from 886 of the original plan, said Planning Minister AK Khandaker while briefing reporters after the meeting. Planning Secretary Habibullah Majumder was present. He said of the revised ADP, Tk 17,200 crore (60.35 percent) will come from government exchequer while Tk 11,300 crore (39.65 percent) as project aid.
Under the revised ADP, the sectors which got comparatively higher allocation of money are education and religion Tk 4,258.79 crore (15 percent), rural development and rural institutions Tk 3,939.65 crore (14 percent), transport Tk 3,878.04 crore (14 percent), power, oil, gas and natural resources Tk 3,546.25 crore (12 percent), health, nutrition, population and family welfare Tk 2,981.18 crore (10 percent), infrastructure planning, water supply, housing Tk 2,972.60 crore (10 percent) and agriculture and water resources Tk 2,963.02 crore (10 percent).
Answering to a question, the Planning Minister said that the progress in ADP implementation (From July 2009 to January 2010) is 35 percent, which was 31 percent in the corresponding period of the previous year.
"The size of the ADP (Tk 30,500 crore) is higher in the current fiscal and Tk 10,652 crore has been spent till January which was Tk 7,829 crore in the corresponding period of the previous year," he told the media men.
He said a reserve fund of Tk 571 crore has been kept in the revised ADP where the projects under finishing stage, very important or in need of sudden amount will be given preference for further allocation.
The planning minister said they have done the revision of ADP this fiscal after a study and the implementation process of ADP will be monitored. "There will be efforts to have project-implementation progress at 100 percent, especially for the important ones and which are in the finishing stages."
Officials said the National Economic Council app-roved the revised ADP with the spending cuts in its meeting Tuesday with NEC chairperson and Prime Minister Sheikh Hasina in the chair.
With the trimming, the allocation to the development budget stands at Tk 2,000 crore or 6.6 percent less than the actual ADP size of Tk 30,500 crore.
Under the revised ADP, the number of projects was raised to 1058 from 886 of the original plan, said Planning Minister AK Khandaker while briefing reporters after the meeting. Planning Secretary Habibullah Majumder was present. He said of the revised ADP, Tk 17,200 crore (60.35 percent) will come from government exchequer while Tk 11,300 crore (39.65 percent) as project aid.
Under the revised ADP, the sectors which got comparatively higher allocation of money are education and religion Tk 4,258.79 crore (15 percent), rural development and rural institutions Tk 3,939.65 crore (14 percent), transport Tk 3,878.04 crore (14 percent), power, oil, gas and natural resources Tk 3,546.25 crore (12 percent), health, nutrition, population and family welfare Tk 2,981.18 crore (10 percent), infrastructure planning, water supply, housing Tk 2,972.60 crore (10 percent) and agriculture and water resources Tk 2,963.02 crore (10 percent).
Answering to a question, the Planning Minister said that the progress in ADP implementation (From July 2009 to January 2010) is 35 percent, which was 31 percent in the corresponding period of the previous year.
"The size of the ADP (Tk 30,500 crore) is higher in the current fiscal and Tk 10,652 crore has been spent till January which was Tk 7,829 crore in the corresponding period of the previous year," he told the media men.
He said a reserve fund of Tk 571 crore has been kept in the revised ADP where the projects under finishing stage, very important or in need of sudden amount will be given preference for further allocation.
The planning minister said they have done the revision of ADP this fiscal after a study and the implementation process of ADP will be monitored. "There will be efforts to have project-implementation progress at 100 percent, especially for the important ones and which are in the finishing stages."
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