Economic Recovery Program

An Economic Recovery Program is a strategic plan implemented by governments or organizations to restore and improve the economy after a downturn or crisis. It typically includes measures like increasing government spending, lowering interest rates, supporting businesses and employment, and encouraging consumer confidence. The goal is to stimulate economic activity, reduce unemployment, and rebuild trust in the financial system. These programs aim to create a stable environment where businesses can grow and individuals can earn a livelihood, ultimately helping the economy return to a healthier, sustainable path.