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Economic Development
Objectives
Employment generation
Poverty reduction
Improve standard of living
Infrastructure development
Foreign reserves/ exports
Equality
Sustainability
Tax Revenue
Employment
Poverty reduction
Improved standard of living
Infrastructure development
Strengthening exports
Tax revenue
An economic development council can bring increased tax revenues. Such revenues can help fund local services such as schools, hospitals, roads, and more. Businesses may also get incentives such as tax breaks or subsidies.
Equality
Sustainability