6 hour(s) ago
Star Business Report
The government today approved the annual development programme (ADP) for the 2026-27 fiscal year, setting the total outlay at Tk 3 lakh crore, 30 percent higher than the previous fiscal year's ADP.Of the total, Tk 1.90 lakh crore will come from government financing, while Tk 1.10 lakh crore will be sourced from project loans and grants.The ADP for FY27 is 30 percent higher than the initial plan of Tk 2.38 lakh crore taken at the beginning of this fiscal year.The National Economic Council (NEC) also gave policy approval to the "Five-Year Strategic Framework for Reform and Development", according to a press release.The ADP incorporates 1,277 newly recommended projects from various ministries and departments.An additional 80 projects have been proposed under public-private partnership (PPP) arrangements and 148 under the Bangladesh Climate Change Trust Fund.Among the 15 sectors covered, the Local Government Division, Road Transport and Highways Division, Health Services Division, and Secondary and Higher Education Division received the highest allocations.The social development assistance sector received a dedicated Tk 17,000 crore allocation aimed at protecting poor and marginalised communities.The programme is structured around five pillars, including state system reform (covering judicial services, administrative digitalisation, and the introduction of a multi-year public investment programme); equitable socio-economic development prioritising education, health, and social safety nets; and economic recovery covering energy security, transport, and industrialisation.The remaining two pillars focus on region-based balanced development — targeting the northern region, coastal areas, and ports including Chattogram and Mongla — and social harmony, culture, youth skill development, and sports.Directives were issued to fast-track projects due for completion by June 2027 and to limit fresh expenditure on expired projects.The ADP framework was prepared by an advisory committee under the General Economics Department.The meeting was presided over by Prime Minister and NEC Chairperson Tarique Rahman at the NEC in Dhaka. Ministers, state ministers, and government secretaries attended the meeting.
