five-year plan

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Five-Year Plan

A multiyear plan for economic development prepared by a government. For example, a five-year plan may state the methods and the amount of development that should be experienced by the industrial sector by the end of the plan. Five-year plans were introduced in the Soviet Union and were adopted by most other 20th-century communist states. For that reason, the term is associated with command economies.

five-year plan

see NATIONAL PLAN.
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References in periodicals archive ?
2 million bpd via two 5-year plans, adding that the implementation of the plans requires investment and despite the sanctions, Iran will run them with the cooperation of the Chinese and Russian companies.
The most common 5-year plans for captains were: increase the number of trips, increase prices, no major changes, buy a newer boat, and quit the charter business.
The meeting looked into debates requests made by some members on implementation of developmental projects in different wilayats of the Sultanate and a number of requests by the members on a number of issues, which concern the country and citizens within the context of the comprehensive development march, implementation of 5-year plans and the positive contact and cooperation between the government and Majlis Al Shura.
The women's choices, to be fair, were not completely in line with their professed desire for 5-year plans, but there was at least a correlation between what they picked and what they said they'd pick.