Regional Finance Panel Reviews 2027 Development Plans

The Finance and Budget Committee of the National Council for Regions and Districts discussed development policies based on the assumptions of the 2027 Economic Balance Project. The focus was on the realism of these assumptions and their ability to achieve the targeted growth rates amid structural challenges and international changes. The members emphasized the importance of diversifying the economic base, supporting sectors with high added value, and improving the investment climate by removing administrative and legislative barriers. They also underscored the necessity of increasing the economic growth rate to approximately 3.2% by 2027, raising exports to 8%, reducing imports, and decreasing reliance on energy imports. Additionally, they highlighted the need for food and water security through productivity development and a shift towards renewable energy sources. The committee recommended strengthening public-private partnerships and financing projects through various means to achieve national economic objectives.

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