The National Economic Council (NEC) has approved a revised Annual Development Programme (ADP) of Tk 2.16 lakh crore for the current fiscal year, slashing the original allocation by 18%.

The decision was made at an NEC meeting in Dhaka, chaired by Chief Adviser Prof Muhammad Yunus.

Planning Adviser Wahiduddin Mahmud, while briefing reporters, stated that the revised ADP has been reduced by Tk 49,000 crore. The allocation from government funds has been cut by Tk 30,000 crore (18%), while foreign funding has been reduced by Tk 19,000 crore (19%).

Under the revised plan, Tk 1.35 lakh crore will come from government funds, while Tk 81,000 crore will be sourced from foreign assistance.

The original ADP for FY25 was set at Tk 2.65 lakh crore, with Tk 1.65 lakh crore from government funds and Tk 1 lakh crore from foreign sources.