indicative planning

Indicative planning is a method used by governments or organizations to set goals and guide economic activity without imposing strict regulations. It involves creating projections and objectives for various sectors, like health, education, and infrastructure, based on expected trends and needs. While not binding, these plans help coordinate resources and encourage private and public sectors to align their efforts toward common priorities. This approach fosters collaboration and flexibility, allowing for adjustments as circumstances change, ultimately aiming to promote balanced and sustainable development within an economy.