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, under the Ministry of Planning and alongside the Ministry of Finance.

[2][3][4] In addition, the planning division of the Planning Commission serves as the secretariat for all major economic policy questions and for initiating the appraisal of development projects and programmes by: 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.

All NEC proposals are later provided to ECNEC to be approved.

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.

The primary functions of the ECNEC Wing are the following: 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.