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Bangladesh rejigs ADP prioritising projects to cut poverty

  Senior Correspondent,  bdnews24.com Published: 02 Mar 2021 08:40 PM BdST Updated: 02 Mar 2021 08:40 PM BdST The National Economic Council or NEC has approved the revised Annual Development Plan for the fiscal year 2020-21 amid the coronavirus crisis, prioritising projects related to poverty alleviation. ); } The revised ADP of Tk 1.97 trillion is 75 billion or 3.65 percent less than the original plan of Tk 2.05 trillion. The NEC passed it in a meeting chaired by Prime Minister Sheikh Hasina on Tuesday. The money taken out of the plan are from foreign aid while the government’s funds have been readjusted prioritising the projects related to poverty alleviation. The government will finance Tk 1.34 trillion of the revised ADP from domestic sources while the rest will come from foreign sources, said Mohammad Jainul Bari, secretary at the Planning Division.

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