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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It was also agreed, during the Cabinet meeting, to deepen discussion of the content of the economic budget and guarantee alignment to the objectives of the 2016/2020 five-year plan.
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.
The Minister assured that the government would accommodate the useful and viable proposals and recommendations of the participants in the five-year plan of action of the Women Empowerment Department.
QIC Group president and CEO Khalifa Abdalla al-Subaey said the five-year plan would be implemented after approval from the company's AGM and authorities concerned.
Also, in volatile trading conditions, when companies need to keep their cost base flexible so as to be able to react with agility to opportunities or threats, a detailed five-year plan might be too rigid and a barrier to innovation.
It wrote: "The five-year plan is designed to ensure that an efficient and high-quality universal service can be maintained to meet the needs of all our customers and financed, as far as practicable, from within the resources of the company.
19 million tons at the end of 2010, predicting such output to rise to 23 million tons by 2015 under the 12th five-year plan, up 51% from the 2010 level.
Insiders believe that it is challenging for China to fulfill its commitment of cutting per GDP CO2 emission by 40%-45% over 2005, and the targets of bringing energy consumption density down by 16% and CO2 density down by 17% during the 12th Five-Year Plan Period, which, however, may provide an important opportunity for the prosperity of energy conservation-related sectors.
Tajal-Sir Mahjoub, Wednesday chaired the first meeting of the higher committee assigned with preparation for the second strategic five-year plan (2012 -2016)
Damascus, (SANA) -- Deputy Prime Minister for Economic Affairs Abdullah al-Dardari on Sunday said the 11th five-year plan allocates SYP 284 Billion (USD 1 ee SYP 47) for the transport sector.
It has been decided to build the project during the next five-year plan.
Deputy First Minister Ieuan Wyn Jones said: "This latest announcement fits into the work of the National Transport Plan which sets out my five-year plan to develop a modern, integrated transport system that supports renewal of our economy, creates a more inclusive society and helps us tackle climate change.