What is medium term development plan?

A medium-term development plan is a strategic framework that outlines an organization's goals and objectives over a period typically ranging from three to five years. It focuses on resource allocation, policy implementation, and project prioritization to achieve sustainable growth and development. Such plans are used by governments, businesses, and organizations to align their activities with broader visions and respond to changing circumstances in a systematic way. Ultimately, they serve as a roadmap for progress and accountability in achieving specific targets.