The National Development Plan: Vision 2040, provides a roadmap for the future development of The Bahamas. The Plan includes a comprehensive policy framework that guides government decision making and investment over the next decades.
Vision 2040 is an initiative of the Government of The Bahamas, developed by the Economic Development and Planning Unit (EDPU) in partnership with the Inter-American Development Bank and in close cooperation with the University of The Bahamas and The Bahamas Chamber of Commerce and Employers Confederation. The Plan has been guided by extensive research, analysis and widespread public consultation aimed at addressing four main policy pillars: The Economy, Governance, Social Policy and Environment (Natural and Built).
The National Plan is currently in its second draft and not approved yet by Parliament. However, ministries are currently using this tool to guide their work and adjusting it to their responsibilities. At the same time, this Plan has been articulated with the SDGs through the RIA methodology of UNDP, and it shows an 88% of compatibility.
The monitoring and evaluation process of the National Development Plan is carried out then by EDPU, with assistance in the monitoring and evaluation process of the Government and Public Policy Institute of the University of Bahamas.
* Even though the National Development Plan: Vision 2040 is currently in its second draft and not approved yet by Parliament, ministries are currently using this tool to guide their work and adjusting it to their responsibilities.