10th Five-Year Development Plan (Citizen Guide)

5 A Citizen Guide Economic terms and concepts Fiscal Sustainability Credit Rating Economic Stimulus Indicative Planning Collaborative Planning Public Debt The ability of a state to meet its financial commitments now and in the future. Rating of states and companies to meet their debts according to certain economic, political, legislative and accounting standards. The economic measures applied by the government to stimulate economic growth and avoid stagnation of economic sectors. This may include improving job opportunities, supporting economic establishments and improving expenditure. Indicative planning is a form of economic planning implemented by a state to solve the problem of imperfect information in market economies by coordination of private and public investment through forecasts and output targets. A type of planning that aims at involving stakeholders and planners together to draft development plans and select the best available alternatives for their implementation. The funds the state may borrow to finance different requirements and achieve different objectives including covering the public expenditure or finance development projects.

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