Development Planning in Bangladesh: 7th Five Year Plan and SDG Implementation 1 Development Philosophy of Bangladesh 2 Growth with equity and social justice remains the overarching goal of our development strategy  Pursue inclusive growth strategy: specifically, the aim is to reduce poverty and income inequality by ensuring access of the poor to economic resources and employment;  Reducing regional imbalance in development;  Raising economic participation of Women and Youth as well as Disadvantaged. GED, Planning Commission 2 Overview 3  Bangladesh State Constitution (Part II, Articles 9-20)  Development Planning/Strategy (Perspective Plan, Five Year Plan, Poverty Reduction Strategy Paper, Annual Development Program etc.)  Millennium Developments Goals (MDGs)( 8 Goals, 22 Targets and 60 Indicators)  Sustainable Developments Goals (SDGs)( 17 Goals, 169 Targets and 230 Indicators) GED, Planning Commission 3 History of Development Planning in Bangladesh 4  Indian Planning Commission 1950; Pakistan Planning Commission, 1953  In 1956 a Provincial Planning Board was established under the United Front Government of the then East Pakistan and was renamed as East Pakistan Planning Department;  It was an agency for formulating investment programmes and for negotiating with the Central Government of Pakistan for an adequate share of the financial resources for the development of East Pakistan;  Planning Cell in 1971;  After independence, Planning Commission of Bangladesh was established in January 1972;  Project Implementation Bureau (PIB) in 1975 and now is IMED;  External Resource Mobilization was entrusted to ERD in 1975;  The Planning Division in 1975;  Planning cells in different Ministries/ Divisions in 1975. GED, Planning Commission 4 History of Development Planning in Bangladesh (contd.) 5  First Five Year Plan was adopted in 1973 (1973-78);  After independence, Bangladesh followed socialist type economy and all industries were nationalized;  Gradually private sector participation in industry was allowed. GED, Planning Commission 5 Bangladesh Constitution: Article 15 6  Article 15 of the Bangladesh Constitution requires that the country should follow the path of a planned economy for realizing its development objectives.  ‘It shall be a fundamental responsibility of the state to attain through planned economic growth, a constant increase of productive forces and a steady improvement in the material and cultural standard of living of the people, with a view to securing to its citizens –  (a) the provision of the basic necessities of life, including food, clothing, shelter, education and medical care;  According to the Article 15, the ‘planned economic growth’ is a constitutional obligation for the Government of Bangladesh. GED, Planning Commission 6 Development Planning/Strategy 7  Accordingly, between FY1973 and FY2002 Bangladesh implemented 5 successive Five Year Plans and an interim Two Year Plan (1979–80).  From FY2003 to FY2010, there was a deviation from the five year plan (period of plan holiday) to a process of shorter term Poverty Reduction Strategy Paper (PRSP).  The present democratic Government led by Prime Minister Sheikh Hasina decided to switch back to the five year plan mechanism from 2010-11. GED, Planning Commission 7 Development Plans/Strategies in Bangladesh 8 Specific Plan Plan Periods (FY) Average GDP Growth Rate Per Capita GDP growth Per Capita GNI* Life* Expecta ncy Poverty Ratio*** Plan (%) Actual (%) (%) USD Years (%) First Plan 1973-1978 5.5 4.0 1.3 111 53.07 82.1 Second Plan 1980-1985 5.4 3.8 1.5 145 55.10 69.9 Third Plan 1985-1990 5.4 3.8 1.6 204 56.10 56.6 Fourth Plan 1990-1995 5.0 4.2 2.4 253 58.70 50.1 Fifth Plan 1997-2002 7.1 5.1 3.5 431 64.90 48.9 Sixth Plan 2011-2015 7.3 6.3 4.9 1314 70.70 24.8 Source: GED, Bangladesh Bureau of Statistics (BBS) and Sixth Plan; *For the terminal year of Plan period **Corresponding HES, HIES year’s figure and GED estimate for 2015 Achievements in Various 5-Year Plan Periods GED, Planning Commission 8 Seventh Five Year Plan 2016-20: Accelerating Growth and Empowering Citizens 9  The Seventh Five Year Plan will be implemented during the period 2016-20;  The Plan divided into two parts  Part 1: Macroeconomic Perspective: Strategic Directions and Policy Framework  Part 2: SECTOR DEVELOPMENT STRATEGIES 14 sectors except Defence GED, Planning Commission 9 Seventh Five Year Plan 2016-20: Accelerating Growth and Empowering Citizens 10 Economic growth embedded in the 7th Plan with four pivotal underlying themes:  Break out of the sphere of 6% growth and raise the average annual growth rate to 7.4%  Growth will be inclusive, pro-poor, and environmentally sustainable  By the end of the 7th FYP, extreme poverty will be around 8.9%  All the additional labour force will be employed, including much of the under-employed GED, Planning Commission 10 SFYP 2011-15: Broad Development Goals 11  Building a secular tolerant liberal progressive democratic state  Promoting good governance and curbing corruption  Promoting sustainable human development  Reducing the growth of population  Instituting a prudent macroeconomic policy mix  Promoting a favourable industrialization and trade policy regime  Addressing globalization and regional cooperation challenge

1 e