Economic Stabilization Plan

An Economic Stabilization Plan is a strategy used by governments to keep a country's economy steady. It aims to reduce problems like high inflation, unemployment, or recession by implementing policies such as adjusting interest rates, controlling government spending, or regulating prices. The goal is to promote consistent growth, maintain affordable prices, and ensure jobs, creating a stable environment that benefits businesses and citizens alike. This plan helps prevent rapid economic changes that can cause uncertainty and hardship.