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Bangladesh Planning Commission (denoted as PC) is the economic
public policy Public policy is an institutionalized proposal or a decided set of elements like laws, regulations, guidelines, and actions to solve or address relevant and real-world problems, guided by a conception and often implemented by programs. Public p ...
institution of the
Government of Bangladesh The Government of the People's Republic of Bangladesh ( bn, গণপ্রজাতন্ত্রী বাংলাদেশ সরকার — ) is the central executive government of Bangladesh. The government was constituted by the Con ...
. The Planning Commission undertakes research studies and policy development initiatives for the growth of national economy and the expansion of the public infrastructure of the country, in tandem under the Ministry of Planning and alongside the
Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Ec ...
. In addition, the planning division of the Planning Commission serves as the
secretariat Secretariat may refer to: * Secretariat (administrative office) * Secretariat (horse) Secretariat (March 30, 1970 – October 4, 1989), also known as Big Red, was a champion American thoroughbred racehorse who is the ninth winner of the Ame ...
for all major economic policy questions and for initiating the appraisal of development projects and programmes by: * National Economic Council (NEC) *
Executive Committee of the National Economic Council The Executive Committee of the National Economic Council (ECNEC) is an executive committee under the Cabinet Division The Cabinet Division ( bn, মন্ত্রিপরিষদ বিভাগ) is the executive office of the Prime Minister ...
(ECNEC)


National Economic Council (NEC)

The National Economic Council is the highest political authority for the consideration of economic policies and development activities reflective of long-term national policy objectives of the government of Bangladesh. It serves as the economic "mini-cabinet", consisting of the main economic ministers and their officials, and is chaired by the Prime Minister. Generally, the ministries formulate their respective plans and programmes or projects, as per objectives formulated by the NEC. The NEC meets when called by the prime minister, and meetings can include external invitees dependent on the subject under consideration. All NEC proposals are later provided to ECNEC to be approved.


Structure

#
Prime Minister of Bangladesh The Prime Minister of Bangladesh ( bn, বাংলাদেশের প্রধানমন্ত্রী, translit=Bangladesher Prodhanmontri), officially Prime Minister of the People's Republic of Bangladesh ( bn, গণপ্রজা ...
(Chairperson) #
Cabinet Ministers A cabinet is a body of high-ranking state officials, typically consisting of the executive branch's top leaders. Members of a cabinet are usually called cabinet ministers or secretaries. The function of a cabinet varies: in some countrie ...
(as Members) who have economic portfolios


Supporting officials

# Cabinet Secretary # Governor,
Bangladesh Bank Bangladesh Bank ( bn, বাংলাদেশ ব্যাংক) is the central bank of Bangladesh and is a member of the Asian Clearing Union. It is fully owned by the Government of Bangladesh. The bank is active in developing green bankin ...
# All Members, Planning Commission # Secretary, Concerned Ministry/Divisions


Functions of the NEC

* To provide overall guidance of the formulation of Five Year Plans and the Annual Development Programme * To finalise and approve economic plans, programmes and policies * To review progress of implementation of development programme * To take such others decisions and actions as may be considered necessary for socio- economic development. * To appoint sub-committees as deemed fit to assist the NEC to discharge specific responsibilities *Evaluation impact analysis of project, programmes and plans on the national living standard


Meetings

* Meeting of NEC is held every month, and can be held earlier if required by the prime minister (who is the chair) *Planning Division provides secretariat to the NEC


Executive Committee of the National Economic Council (ECNEC)

The ECNEC Wing of the Planning Commission is in charge of co-ordinating meetings of the ECNEC, and monitoring the implementation of decisions taken at the meetings. ECNEC Wing is headed by a Joint Secretary of the Bangladesh Civil Service (Administration) cadre, who is supported by two Deputy Secretaries and two Senior Assistant Secretaries.


Structure

# Prime Minister, Chairperson # Minister, Ministry of Finance, Alternate Chairperson # Minister, Ministry of Labour and Employment # Minister, Ministry of Water Resources # Minister, Ministry of Commerce # Minister, Ministry of Communication of Bangladesh # Minister, Ministry of Shipping # Minister/State Minister of the concerned Ministry


Supporting officials

# Cabinet Secretary of Bangladesh # Principal Secretary or Secretary, Prime Minister's Office # Secretary, Economic Relations Division # Secretary, Finance Division # Secretary, Planning Division # Secretary, IMED # Member, General Economics Division, Planning Commission # Member, Programming, Planning Commission # Secretary, Concerned Ministry/Division


Functions of the ECNEC

The primary functions of the ECNEC Wing are the following: *to call meetings among members of NEC, ECNEC and other relevant officials *prepare the agenda and minutes of meetings, distribute, and publish them across government for action *monitor decisions taken at the meetings for implementation


Meetings

To consider and approve yearly target of foreign aid bids, expansion of trade, export of manpower as well as to review the progress of other annual targets. * Meeting of ECNEC is held as and when required by Chairperson * Planning Division provides secretariat to the ECNEC


See also

*
Economy of Bangladesh The economy of Bangladesh is a major economy of South Asia and a developing market economy. — — —Siddiqi, Dina M. “Miracle Worker or Womanmachine? Tracking (Trans)National Realities in Bangladeshi Factories.” Economic and Political ...


References


External links


National Economic Council
in
Banglapedia ''Banglapedia:'' ''the'' ''National Encyclopedia of Bangladesh'' is the first Bangladeshi encyclopedia. It is available in print, CD-ROM format and online, in both Bengali and English. The print version comprises fourteen 500-page volumes. The f ...

National Economic Council
in Planning Commission site. {{authority control Economy of Bangladesh Economic planning Government agencies of Bangladesh Government commissions of Bangladesh