Development planning and fiscal policy

A development plan is essentially a blueprint of strategies for steering the economy along a postulated path, formulated in consideration of the nation’s development objectives and the feasibility of attaining them within a given time frame. The plan serves as a means whereby national development aspirations may be translated into effective action. In a more instrumental sense, it provides a set of guide-lines or instructions concerning the mobilization and utilization of resources, both physical and financial, in a carefully orchestrated manner aimed at achieving targeted ends efficiently and expeditiously. The process of development planning revolves around the formulation, implementation and review and evaluation of such plans on a continuing basis.

Sustainable Development Goals:

Decent Work and Economic Growth

Reduced Inequalities