Sustainable Economical Development Plan
Dear teachers! Could you please check out if this text has any errors or improper phrasing? It's not the full text- I'm just trying to figure out what my systemic mistakes are.
The Sustainable Economical Development Plan(SEDP, or the Plan) consists of three parts. The first part is purposed to define those interested to be financial donors, and the European Investment Bank and other international financial institutions may prove reliable partners. The second part denotes the projects for which money could be provided with the real economy being the actual subject for the investments. Until recently, the financial support has been assigned by the IMF single-handedly- exeptionally for the economical stabilization, while now the goal is to develop the economy's real sector. The last but not least, the third part provides control and assistance to the government to ensure the effective use of the funds, and the most crucial point this part has, is who will administrate the money.
Also, SEDP has three general vectors. The roads and other communication facilities make up the infrastructure vector. The medium and small businesses are the second one, and the third is something what is being called 'municipal or local governments' projects'.
Still, for the Plan to take off, donors should have certainty that reforms will be continued along with important conditions provided- including transparency- to exclude any possibility of corruption in the course of financial operations. One of the Plan's goals is to create an instrument that would be able to sustain the substantial motivation for further reforms. So that to make sure- the transfer of these funds will be firmly tied to the process of implementation of particular economical reforms: the business-related reforms, ownership guarantees (which is the judicial reform), and the land reform being listed. Provided there are the investments of $5 bn per year, we expect the economy to reach the annual growth of 6-8%.
Thank you in advance!
Aaron
Top answer
Dear teachers! What's the reason for this post being left without any answer? Seriously, what's the problem with it- is it hopeless at all?
- Dear teachers!
- What's the reason for this post being left without any answer?
- Seriously, what's the problem with it- is it hopeless at all?
- Should it be divided into parts, or followed by better elaborated questions, perhaps?
- Thanks.
Get the Weekly English Kit 📬
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
Dear teachers! What's the reason for this post being left without any answer? Seriously, what's the problem with it- is it hopeless at all? Should it be divided into parts, or followed by better elaborated questions, perhaps?
Thanks.
0
Related Questions