The government is preparing country’s biggest ever Annual Development Programme (ADP) for the upcoming 2019-20 fiscal in order to expedite the ongoing development projects including completion of some mega projects. The ADP size may reach up to Tk 2 lakh crore for the FY20, according to official sources at the Planning Commission. “We are preparing the initial draft of ADP for the fiscal year 2019-20.
We are giving priority on allocating more in implementing the mega projects along with other development projects,” a senior official of the planning ministry told Bangladesh Post. Among the ongoing projects, the Padma Multipurpose Bridge, the Metro Rail Service (Uttara to Agargoan) and several other mega projects will be given the highest priority, he said, adding that the planning commission is currently tabling the ADP keeping all these in mind. The ADP might be proposed in the next month, he mentioned.
The development programme is a part of the national budget, which is dedicated to the country's infrastructure development and the social sector improvement. However, the ministry is yet to fix the sectors and the allocations for them in the forthcoming ADP, sources added.
Meanwhile, the National Economic Council (NEC) approved a Tk 1.65 trillion Revised Annual Development Programme (RADP) for 2018-19 fiscal giving highest priority on the transport sector, followed by energy and power. Earlier, the government proposed Tk 1.73 trillion ADP for 2018-19 fiscal, 9.77 per cent (Tk 154.06 billion) higher than that of the revised allocation for 2017-18 fiscal.
In FY19, a total of 1452 development projects were included in the ADP. Out of the total projects, 1,227 schemes were investment projects, 117 were technical assistance projects, two were as the Japan Debt Cancellation Fund-supported projects and the rest projects belonged to the autonomous and semiautonomous bodies of the government.
Read More: No additional fund for development projects
In the proposed ADP for FY19, the transport sector got the highest fund, followed by the power sector. These two sectors were followed by the infrastructure planning, water supply and housing, rural development and rural institutions and the education and religion sector.