Bangladesh to Allocate BDT 2 Trillion for Development Programs in its FY21 Budget, Amidst COVID-19

The Government of Bangladesh has drafted an Annual Development Programme (ADP) with a value over BDT 2.05 trillion for the 2020-21 fiscal period, amidst the on-going COVID-19 pandemic. According to the Secretary of the Planning Division, Muhammad Noor Ul Amin, the draft has been approved during a meeting held on the 12th of May 2020. Referring to the approved draft, Noor Ul Amin stated that the Government is intending to source 66% of the budget or BDT 1.34 trillion through domestic sources, with the remaining amount expected to be obtained from foreign sources.

According to a top official of the Planning Commission, the draft ADP has proposed a sum of BDT 130.33 billion for the health sector, whilst BDT 521.83 billion...