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Why do the governments draw their development plans?

Give reasons why the governments draw their development plans.

Answers


Maurice
(i) To rank development projects in order of priority.

(ii) To ensure economic stability.

(iii) To identify resource gap which needs to be filled.

(iv) To identify complementary investment decisions.

(v) To achieve fair and balanced distribution of resources in the country.

(vi) To achieve industrialization.

(vii) To source for loans and grants from overseas.

(viii) To promote/ stimulate positive attitude.

(ix) To co-ordinate investments in the whole country.

(x) To achieve economic stability.

(xi) To help mobilize different sectors of the economy for greater productivity.
maurice.mutuku answered the question on July 18, 2017 at 12:16

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