A five-year plan (FYP) is a type of economic development initiative originating in the Soviet Union in 1928 and later adopted by many other countries. In each five year plan, the plans for all sectors of the economy are synchronized for a period of five years.
A five-year plan (FYP) is a type of economic development initiative originating in the Soviet Union in 1928 and later adopted by many other countries. In each five year plan, the plans for all sectors of the economy are synchronized for a period of five years.
Source: Wikipedia "Five-year plan" · CC BY-SA 4.0
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