BSS
  19 Aug 2026, 18:17
Update : 19 Aug 2026, 19:02

Cover of 'Five-Year Strategic Framework' unveiled to guide Bangladesh's reform, development

DHAKA, Aug 19, 2026 (BSS) - The government today unveiled the cover of its Five-Year Strategic Framework for Reform and Development (July 2026 to June, 2031) and a complementary Strategic Action Matrix, outlining a comprehensive roadmap for economic recovery, restoration and acceleration over the next five years.

Prime Minister Tarique Rahman formally unveiled the covers of the two volumes at a meeting of the Executive Committee of the National Economic Council (ECNEC) at the NEC Conference Room in the city's Sher-e-Bangla Nagar area today. The documents have been prepared under the initiative of the General Economics Division (GED) of the Planning Commission.

Speaking after the meeting, GED Member Dr Monzur Hossain said the initiative to formulate the Five-Year Strategic Framework was taken immediately after the government assumed office. State Minster for Planning Md. Zonayed Abdur Rahim Saki briefed reporters after the meeting.

The draft received policy approval at a meeting of the National Economic Council (NEC) on May 18 and was subsequently finalized after incorporating opinions from different ministries.

"The document has not followed the conventional approach of previous planning documents. There are changes both in its title and in its contents," he said.

Dr Monzur said the framework has been divided into five broad pillars in line with the government's political manifesto, under which 11 economic clusters have been identified to group related issues and priorities.

A major feature of the framework is that strategic priorities have been identified for different sectors, while responsibilities have been assigned to the relevant ministries and lead and collaborating agencies. This, he said, would provide a clear implementation framework for the document.

To ensure regular monitoring, the framework proposes four levels of institutional mechanisms. An advisory council comprising economists and experts will periodically assess the implementation. A coordination committee will review progress every three months, while a steering committee led by the Finance Minister will review progress every six months with senior secretaries concerned.

Finally, a governing council under the leadership of the Prime Minister will review the reports and oversee the overall implementation process.

Dr Monzur said such a monitoring mechanism was necessary because, in the past, planning documents were often prepared and subjected to mid-term evaluations, but there was no effective mechanism for regularly checking and reporting progress.

The framework also highlights several reforms, particularly relating to land use, Bangladesh Bureau of Statistics (BBS) data and public investment management, which are expected to support more effective planning and implementation.

The second volume, titled Strategic Action Matrix, consolidates the commitments made by different ministries after the government took office. The ministries had initially submitted lists of their proposed activities for six months, one year and five years, which collectively ran to around 2,200 pages. GED consolidated these into a document of about 300 pages.

"This document contains the commitments made by the ministries regarding the work they will undertake. In the future, everyone will be able to see how much of that work has been completed and how much has not," Dr Monzur said.

He said the overall framework seeks to achieve higher economic growth and take the economy towards the goal of a US$1 trillion economy, alongside broader economic development.

The strategic priorities have also been divided into three phases-recovery, restoration and acceleration.

During the first year, the government will focus on economic recovery; over the following two to three years, the emphasis will be on restoration; and during the three-to-five-year period, the focus will shift towards rebuilding and accelerating development, including poverty reduction and other socio-economic objectives.

Dr Monzur described the framework as a "living document", saying it could be reviewed and updated periodically instead of being treated as a one-time planning document. Annual reviews under the Prime Minister's leadership will assess whether targets have been achieved and determine necessary adjustments.

He said the framework was prepared through an inclusive process involving an advisory council, a technical committee, steering committee meetings, NEC discussions and consultations with all ministries.

The two documents are expected to be made available online through the Planning Ministry and GED websites for public access and download.