Govt to set 4 key criteria for public investment decisions
Officials say the new approach is designed to improve fiscal discipline and ensure that public funds are channelled into projects that generate the greatest economic and social returns.
The government is set to introduce a new framework for evaluating and prioritising public investments, emphasising economic returns, job creation and environmental sustainability as it seeks to improve the efficiency of public spending.
Finance Minister Amir Khosru Mahmud Chowdhury is set to unveil the FY2026-27 national budget in parliament this afternoon (11 June), outlining the government's policy priorities under a proposed Tk9.38 lakh crore outlay.
Under the proposed framework, four key considerations will guide government investment decisions and budget implementation.
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The first is value for money, aimed at ensuring the most effective use of limited public resources. Government agencies will be encouraged to prioritise projects that deliver the highest benefits relative to their costs.
The second criterion is return on investment (ROI). Authorities will assess the economic benefits generated by projects funded through public resources, with greater focus on measurable outcomes and long-term impacts on economic growth.
The third priority is job creation. The government intends to place stronger emphasis on projects that directly contribute to employment generation, particularly for young people entering the labour market.
The fourth consideration is environmental sustainability. Investment decisions will increasingly take into account their impact on nature, climate and public health, reflecting the government's commitment to balancing economic development with environmental protection.
Officials said the new approach is designed to improve fiscal discipline and ensure that public funds are channelled into projects that generate the greatest economic and social returns.
The initiative is coming at a time when the government is seeking to optimise public expenditure amid resource constraints and growing demand for infrastructure, social services and employment opportunities.
Economists have long argued that Bangladesh needs stronger project evaluation mechanisms to maximise development outcomes and reduce inefficiencies in public spending.
The adoption of clear investment criteria is expected to enhance transparency, accountability and the overall effectiveness of government investment programmes.
