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. 

Conceptos más frecuentes en el plan
Conceptos más frecuentes en el plan

Plan Characterization

Pillar 1: Governance

4.1 Strengthen the enforcement of the law by the Royal Bahamas Police Force and the Royal Bahamas Defence Force

4.4 Enhance service delivery of the Courts

Human Capital

5.3 Deliver integrated people-centered health care, services and programs focused on maintaining healthy individuals within an efficient, well governed system. Improve focus on wellness and the determinants of health

5.4 Rationalize and integrate health care governance, administration and service delivery including through the use of Information Communication Technology (ict)

6.6 Continue to promote STEM Education for a modern world

6.7 Enhance the provision of special education to ensure equity in education and enhance the employability of students with special needs

6.9 Improve the accessibility of quality technical and vocational education and apprenticeships to ensure employable skills and to meet the needs of the economy

6.10 Strengthen programmes aimed at work force readiness, adult education and second chance education opportunities.

6.11 Institute policies and programmes to close the achievement gaps between boys and girls and public and private schools

7.1 Achieve food security, end hunger and improve nutrition for all

7.3 Create a level playing field for the youth to realise their fullest potential by implementing programmes geared to assist their entry into the labour market and to aid in their educational and social development

7.5 Strengthen Civil Society and position The Bahamas as a leader for social entrepreneurship and a model for development for small islands states through partnerships between government, the private sector and civil society

7.7 Eliminate inequality by removing discriminatory laws, policies and practices to ensure social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, and religion, economic or other status

7.8 Strengthen the provision of social protection to ensure that all vulnerable groups have access to adequate safety nets

7.9 Build Capacity of Agencies Serving Vulnerable Groups (Gender Equality SDG 5 Target 5.C, Peace Justice and Strong Institutions

7.10 Strengthen the provision of social protection to ensure that all vulnerable groups have access to adequate safety nets

The Environment

8.1 Create an efficient land administration system and efficient land agencies

8.2 Create comprehensive solutions to address land ownership and development challenges in New Providence and the Family Islands

8.3 Strengthen the administration of Crown Land and increase transparency in the allocation of Crown land


8.4 Create a land use plan that guides The Bahamas’s physical development over the next 25 years. (Strategy 8.4 should also be read together with Goal 11 which also addresses land use.)

9.2 Ensure Bahamians have long term access to reliable power, water, sewer, services at a reasonable price

9.3 Enhance the country’s electronic communications infrastructure to facilitate universal access to affordable and reliable communications (including broadcasting) services that will promote the achievement of the Bahamas’ smart and sustainable nation development goals.

9.4 Create a robust ICT infrastructure (networks, systems, etc.) that would facilitate the ubiquitous use of ICTs that would result in improvements to the quality of life of citizens, more efficient and competitive enterprises and the effective delivery of services in a sustainable manner

10.2 Create and implement a Public Transit Strategy on New Providence

10.3 The Bahamas will have a modern postal system that provides adequate domestic and international services to New Providence and the Family Islands

11.1 Position The Bahamas as a leader in researching and implementing climate change adaptation and mitigation measures and as an incubator of green technologies

11.2 Integrate disaster risk reduction into sustainable development policies and planning and build resilience to hazards

11.3 Sustainably manage and use natural resources while guarding against anthropogenic influences, unsustainable practices and invasive species which undermine terrestrial and marine ecosystems

The Economy

12.1 Maintain the Strength of the Bahamian Dollar vis-a-vis the US dollar

12.3 Improve national fiscal management

12.4 Create a more progressive and efficient tax system

12.6 Improve financial literacy and personal financial management such that personal saving, investments, financial resilience and ownership in the local economy are improved

12.8 Continue to strengthen financial sector stability and regulation

12.9 Develop a comprehensive Industrial Policy aimed at encouraging the development and growth of high impact sectors, innovation and research and development and logistics services to support trade Promote the use of public and private partnerships to substantially increase The Bahamas economic performance and promote Bahamian workers and owners, linkages between economic sectors, sustainable business practices

12.10 The Bahamas will continue to attract high levels of FDI in sectors which promote sustainable economic development. The FDI policy should seek out investment in targeted areas to ensure its maximum effectiveness and impact on the overall economic wellbeing of the country and to reduce the risk of FDI enclaves

13.1 Introduce the necessary legislative, policy and procedure reforms that will enable The Bahamas to be one of the most business friendly countries in the World

13.2 Government to implement a one window service-to-business strategy

13.3 Improve access to financing for Entrepreneurs

13.4 Establish several business empowerment zones which attract business and investment in targeted sectors to encourage the formation of clusters, innovation and knowledge exchange to increase competitiveness and ease the complexity of doing business

13.7 Introduce development focused Immigration policies that encourage the best global minds to live and work in The Bahamas to encourage the growth of the Bahamian economy in a manner which promotes the prosperity of Bahamians

13.9 Introduce an investment and project framework that allows The Bahamas to maximize value from the utilization of its resources. This includes improving the environment for developing entrepreneurship opportunities.

Goal 14

Diversified Economy

Goal 14a: The Bahamas will have a sustainable tourism sector which positively and significantly contributes to economic growth and development; is an engine for stable job creation and a source of entrepreneurial opportunities

Goal 14b: The Bahamas will become a leading global financial services centre which is internationally connected, diversified and resilient

15.1 Undertake a full analytic review of labour regimes in similar economies including benefits, hours and minimum wage to ensure the Bahamian worker is fairly rewarded for his or her contributions

Goal 16

Culture shall be recognised as a driver and enabler for the sustainable development of The Bahamas

16.1 Build and develop the cultural infrastructure and opportunities of The Bahamas to encourage strong, inclusive and cohesive communities, the preservation of Bahamian heritage and the growth and evolution of Bahamian cultural expression