The ministry prepares developmental policies and strategic plans and programmes encompassing all aspects of economic and social development.
It seeks to ensure the optimal investment of human and material resources as well as to enhance the quality of government performance and create partnerships in both the public and private sectors.
It collaborates with the private sector as well as international institutions, monitors the implementation of investment projects, develops economic and social policies, evaluates legislation and conducts national censuses.
[4] It defines the challenges the country has been facing, including high population growth (unsustainable rapid urbanisation), deprivation, unemployment, indecent work, internal displacement caused by conflicts, child labor, corruption and inefficient governance, and unsustainable over-reliance on volatile oil prices for revenue.
It laid the foundation to achieve sustainable development and reform in five areas; that is, manpower, governance, economic diversification, society, and the environment.