2 lakh 46 thousand crore Taka of annual development budget

The Annual Development Program (ADP) for the fiscal year 2022-23 has been approved at a cost of Taka 2 lakh 46 thousand 66 crore. Besides, ADPO of about 9,130 crore has been approved by the autonomous body or corporation.

The information was given by Planning Minister MA Mannan after a meeting of the National Economic Council at the NEC conference room in Sher-e-Bangla Nagar on Tuesday (May 17).

The approval was given at a meeting of the National Economic Council held at the NEC conference room and cabinet room of the Secretariat in Sher-e-Bangla Nagar through video conferencing with Ganobhaban under the chairmanship of Prime Minister and NEC Chairperson Sheikh Hasina.

At the end of the meeting, Planning Minister MA Mannan said that the new ADP has been approved at a cost of Tk 2.48 lakh crore. This approval is based on the overall development of the country. Various developments including implementation of mega projects have been given priority.

As in other years, this year too, an initiative has been taken to formulate ADP for FY 2022-23 considering the resources of the country, foreign financing and macroeconomic situation. Successful implementation of Annual Development Program will play a helpful role to expand the country's economic activities, tackle COVID-19, create more jobs, improve education and health services, human resource development, achieve self-sufficiency in food production, alleviate poverty and improve the overall socio-economic condition and economic growth of the country.

The meeting was attended by members of the Cabinet including the Planning Minister, Cabinet Secretary, Chief Secretary to the Prime Minister, Governor of Bangladesh Bank, members of the Planning Commission and senior secretaries and secretaries of various ministries.