NEC approves Tk 3 lakh crore ADP for FY27

The National Economic Council (NEC) on Monday approved the Annual Development Programme (ADP) worth Tk 3,00,000 crore for the 2026–27 fiscal year.

Prime Minister Tarique Rahman chaired the meeting held at the NEC conference room.

Finance Minister Amir Khosru Mahmud Chowdhury briefed reporters after the meeting.

He said the proposed ADP includes Tk 1,90,000 crore from government funds and Tk 1,10,000 crore from foreign loans and grants.

The proposed ADP size marks a 50 percent increase from the revised ADP of the current fiscal year, with domestic resource allocation rising by 48.44 percent and external financing increasing by 52.77 percent.

According to a press release from the Planning Ministry, the Annual Development Plan (ADP) for the fiscal year 2026–27 reflects a new vision for development.

A total of 1,277 new projects have been proposed from different dates and departments. In addition, 148 projects have been proposed to be included in the PPP cluster and the Bangladesh Change Trust Fund, highlighting the importance of private investment and climate adaptation.

The ADP for the fiscal year 2026–27 has placed emphasis on stronger project growth and financial arrangements. There has been a significant increase in allocations to the project sector in the current fiscal year, indicating improved capacity in development activities.

Out of the 15 sectors in the ADP, the Local Government Department, Roads and Highways Department, Healthcare Department, and Media and Higher Education Department have been ranked as priority sectors.

A special allocation of Tk 17,000 crore has been made in the development assistance sector, which is expected to play an important role in supporting the poor and vulnerable population.

Among the new projects, a large number are foreign-financed, reflecting confidence from international development partners, the statement added.

It also noted directives for the early completion of projects that can be finished by June 2027, along with efforts to make development more efficient and targeted to strengthen implementation.

In line with the “Five-Year Strategic Framework for Reform and Development”, the ADP has been structured into five main pillars.

The first pillar, “State System Reform”, emphasizes expansion of justice and law services, digitisation, law enforcement agencies, increased activity and control mechanisms. It also aligns with the Multi-Year Public Investment Program (MYPIP).

The second pillar, “Unequal socio-economic development”, places highest importance on education, health, agriculture, skilled manpower development, and social security programmes. Education and health sector promotion are key allocation areas.

The third pillar, “Restructuring and recovery of fragile economies”, focuses on energy security, renewable energy, infrastructure, strengthening the energy sector, and development of economic zones. It also includes plans to expand employment opportunities.

The fourth pillar, “Regionalised balanced development”, prioritises development in the northern, coastal, hilly, and port regions. It also highlights support for Chittagong and Mongla as logistics hubs and the development of coastal security infrastructure.

The fifth pillar, “Religion, Society, Culture and Solidarity”, covers social harmony, cultural development, community development, and broader development infrastructure initiatives.