Economic Recovery Program (ERP)

The Economic Recovery Program (ERP) is a set of policies and strategies aimed at reviving an economy that has faced downturns or crises. It typically includes measures like reducing government spending, increasing investments, encouraging exports, and creating jobs. The goal is to stabilize the economy, boost growth, and improve living standards. By focusing on key sectors, supporting businesses, and sometimes seeking international assistance, the ERP seeks to restore public confidence, attract investment, and generate sustainable economic development for the affected country or region.