ECNEC okays 11 projects involving Tk 6,445cr in Bangladesh

The Executive Committee of the National Economic Council has approved 11 development projects involving Tk 6,445 crore, including a huge project to develop physical
infrastructures in selected private secondary schools at a cost of Tk 2,115 crore.
With the ECNEC chairperson and prime minister, Sheikh Hasina, in the chair, the approval was given at its meeting held at the NEC conference room on Thursday.
‘Of the total project cost of Tk 6,445 crore, Tk 6,337 crore will come from the government exchequer while Tk 108 crore as project assistance,’ said the planning minister, AK Khandker, while briefing reporters after the meeting. The Planning Division secretary, M Monzur Hossain, was present.
The physical infrastructure development project will be implemented wholly by the government fund. Under the project, each of the members of parliament will be allowed to choose 10 private schools for their development of physical infrastructures.
Answering a question, the planning minister said although Annual Development Programme implementation progress in the first seven months (July-January) of the current fiscal reached 33 per cent, 2 per cent short of the corresponding period of previous fiscal, but the disbursement was much higher than the previous fiscal.
Read the original story on the daily New Age

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