ADP stands at Tk 2,25,324cr in budget for FY22
DHAKA, June 3, 2021 (BSS) – The size of the Annual Development Programme (ADP) for the next fiscal year (FY22) stood at Taka 2,25,324 crore with the highest priority to the transport and communication sector.
Incorporating the ADP allocation, the total size of the national budget for the next fiscal year reached Taka 6,03,681 crore.
Finance Minister AHM Mustafa Kamal placed the budget for the next fiscal year in Jatiya Sangsad today.
Earlier on May 18, the National Economic Council (NEC) approved the Taka 2,25,324 crore original ADP for the next fiscal year.
The meeting also approved an allocation of Taka 11,468.95 crore for the autonomous bodies or corporations.
Incorporating the allocation of the autonomous bodies and corporations, the size of the overall ADP for the next fiscal year stood at Taka 2,36,793.09 crore.
Out of the original ADP size of Taka 2,25,324.14 crore, Taka 1,37,299.91 crore will come from the domestic sources while the rest of Taka 88,024.23 crore from the foreign sources.
Besides, Taka 6,717.48 crore will come from the domestic sources while Taka 4,751.47 crore from the foreign sources out of the total allocation of Taka 11,468.95 crore against the autonomous bodies or corporations.
The new ADP for fiscal year (FY22) witnesses a total of 1,426 projects including 1,308 investment projects and 118 technical assistance projects. Incorporating 89 projects against the autonomous bodies or corporations, the total number of projects stood at 1,515.
In the new ADP, Taka 4,147 crore has been earmarked as block allocation against the new projects of which Taka 2,893 crore will be mobilized from the local sources while Taka 1,254 crore as project loan.
A total of 596 unapproved new projects have been incorporated in the new ADP without any allocation while some 141 new unapproved projects have been included in the new ADP subject to availability of foreign funds.
There are 88 projects to be implemented under the Public Private Partnership (PPP) initiative while some 356 projects have been kept for completion by June 30, 2022.
Besides, some 73 projects which were kept for completion by June this year have been carried forwarded for completion by the next fiscal year (FY22).
According to sector-wise allocation in the new ADP, the transport and communication sector received the highest allocation of Taka 61,631 crore (27.35%) followed by the power and energy sector the 2nd highest Taka 45,868 crore (20.36%) and the housing and community facilities sector the 3rd highest Taka 23,747 crore (10.54%).
Besides, the education sector received an allocation of Taka 23,178 crore (10.29%) followed by the health sector with Taka 17,307 crore (7.68%), local government and rural development sector with Taka 14,274 crore (6.34%), environment, climate change and water sector with Taka 8,526 crore (3.78%), the agriculture sector with Taka 7,665 crore (3.40%), industry and economic services sector with Taka 4,638 crore (2.06%) and the science and ICT sector with Taka 3,587 crore (1.59%).
In ministry-wise allocation, the Local Government Division received the highest allocation of Taka 33,896 crore followed by the Road Transport and Highways Division Taka 28,042 crore, the Power Division Taka 25,349 crore, Ministry of Science and Technology Taka 20,634 crore, Ministry of Railways Taka 13,558 crore, the Health Services Division Taka 13,000 crore, the Secondary and Higher Education Division Taka 11,920 crore, the Bridges Division Taka 9,813 crore and the Ministry of Primary and Mass Education Taka 8,022 crore.
Out of the 10 highest allocation recipient projects for the next fiscal year (FY22), the Rooppur Nuclear Power Plant project received an allocation of Taka 18,426.16 crore followed by Matarbari 2×600 MW ultra super critical coal powered power project with Taka 6,162 crore, Fourth Primary Education Development Project (PEDP-4) with Taka 5,053.98 crore, Dhaka Mass Rapid Transit Development Project with Taka 4,800 crore, Padma Rail Link, 1st revised, project with Taka 3,823.51 crore, Bangabandhu Sheikh Mujib Railway Bridge Construction project with Taka 3,580 crore, Padma Multipurpose Bridge Project, 2nd revised, with Taka 3,500 crore, Dhaka-Ashulia Elevated Expressway project with Taka 3,227.20 crore, Expansion and strengthening of power system network under DPDC area with Taka 3,051.11 crore and Hazrat Shahjalal International Airport Expansion, 1st phase, 1st revised with Taka 2,827.52 crore.