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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"Every community has a five-year plan, but after about the second year, they seem to lose momentum, or theres a change at the board level or the staff level and they implement a new five-year plan."
And because the current five-year plan is ending, Keller said the village will begin to make a new one.
The Second Five-Year Plan (1980-1985) of Bangladesh focused on poverty reduction through growth of income and employment.
For the new five-year plan (2018-2022), the IMLS authorizing legislation identifies six (6) Focal Areas and Intents for LSTA funds and continues the requirement that State Library Administrative Agencies (SLAA%s) submit five-year evaluation reports and five-year plans.
"One direction that seems to be clear is perhaps we will not be doing five-year plan," he said.
China has learned a lot since these early attempts at reform, however, and the objectives of its more recent five-year plans are not unlike those of any other modern nation that is grappling with pollution, the depletion of scarce resources and increasing wealth disparity.
The priorities of the current five-year plan are higher quality growth, increased domestic consumption, and the development of modern industries (which includes new energy sources, biotechnology, automobiles, and IT infrastructure).
A strategic five-year plan might then be drafted but if managers know that, in practice, the priority is to achieve the budget, then the real plan is the budget.
The 11th Five-Year Plan is being taken more as an expression of the kinds of policy commitments China's leadership is expected to pursue over the next few years.
The meeting comes within the context of closer partnership between the SCP, represented by its Secretariat General, government officials in related sectors and the governorates in an effort to come up with a unified system in the strategic plans of the Sultanate, including the five-year plans and long-term visions.
Other projects are still in the study stage and will be implemented according to the priorities of the five-year plans.
After the failure of two mini-budgets to give a direction to the economy, the 12th five-year plan is being touted as the road map.