The Economic Development Plan (2020) is an ambitious Project Passed By the People's Council and Approved by the King, aiming to achieve significant Economic Growth and Prosperity in the Nation in the Coming 10 Years. The Project will be implemented through a series of Packages or smaller projects that would be revealed by the Government. The Ministry of Economic Development has set out Certain objectives through which they intend to achieve economic Prosperity, these Objectives Make up the Economic Development Plan (2020).
The Ministry of Economic Development Shall Work in Collaboration with the Relevant government authorities in overseeing and managing the implementation of Due Projects.
The Ministry of Economic Development Shall create a committee to oversee the progress of the Project.
The Ministry of Economic Development will oversee the use and Distribution of Financial Resources allocated For each project.
The Plan will Span over a period of 10 Years throughout which a series of Large-scale Projects will be Implemented.
Projects will either Be issued through an Executive Order or through the Passing and Approval of a Proposal of the People's Council.
[*) The Progress Committee will ensure that there is no Irreversible Environmental Impact of Any Project.
All Projects Must be Completed Before 24th March 2030.
Alexei Zurayn, Chairperson of the People's Council