Approval of a development budget worth Tk 2.25 trillion for the next fiscal year with a special priority to the health sector is now under government’s consideration.
The officials said the health sector allocation is likely to increase by 33 per cent to Tk 173.06 billion for the FY 2021-22.
The Planning Commission (PC) will submit the ADP proposal before the National Economic Council (NEC) on 18th May (Tuesday) for necessary approval, with the presidency of Prime Minister Sheikh Hasina.
Earlier on 9th May, Planning Commission (PC) finalised the ADP proposal of Tk 2.25 trillion, which is 10 per cent higher than that of the original Tk 2.05 trillion spending and 14 per cent higher than the revised ADP allocations of Tk1.97 trillion for the valedictory FY2021.
Meanwhile, the forthcoming ADP will incorporate a total of 1,426 development projects – 1,308 will be investment schemes and the remaining 118 will be technical assistance (TA) projects.
Out of the total budgetary spending, Tk 1.37 trillion fund has been recommended to come from the internal resources and the remaining Tk 880.25 billion from the external resources as project aid.
According to the PC, the transport and communications sector would receive highest Tk 617.21 billion, followed by power and energy sector Tk 456.67 billion, physical infrastructure, water supply and housing sector Tk 237.47 billion, and education and religious affairs Tk 231.78 billion.
Meanwhile, the fast-track and mega development projects were getting fund allocations as per their demands for FY2022, the official said. Besides, the Rooppur Nuclear Power Plant Project would receive the highest allocation of Tk184.26 billion among the mega projects.
The PC has also proposed to allocate Tk 35 billion for the government’s top priority project Padma Bridge construction, Tk 48.07 billion for the MRT-6, Tk 35.87 billion for the Padma railway bridge and Tk 48 billion for the Matarbari power plant project in the upcoming ADP.