DHAKA: Bangladesh government’s contribution to Annual Development Programme (ADP) might be cut by 10.35% to Tk72, 000 crore in current fiscal year due to slow execution of projects.
Planning Minister, AHM Mustafa Kamal, will place the proposal of bringing down the outlay at a meeting of the National Economic Council on March 10.
Of the revised allocation, the transport sector will get the highest — 23.66 percent. The government also plans to include a raft of road and transport projects in the revised ADP to be implemented under public private partnership.
The projects include construction of the Dhaka-Chittagong expressway, the Dhaka western bypass and the elevated expressway from Oxygen Mor to Hathazari in Chittagong.
Despite criticism, the number of projects always goes up in the revised ADP, and this year will be no different.
The revised ADP includes 1,197 projects, which was 1,187 in the original one.
Every year, the ADP allocation is slashed because of the failure of the ministries in spending resources in time. In the first seven months of the fiscal year, 32 percent of the ADP money was spent, down from 33 percent in the same period last year.
