The announcement follows months of consultations and is being described by observers as a significant step with wide-ranging effects.
Independent observers cautioned that execution remains the real test, pointing to earlier schemes that launched with momentum but slowed once initial attention faded.
A monitoring committee comprising officials and independent members will publish quarterly progress reports, the announcement said.
The announcement drew swift reactions across the political and business spectrum, with supporters calling it overdue and critics questioning the allocation of resources.
Experts believe the coming quarter will be decisive, as budgetary approvals and staffing determine whether the plan moves from paper to practice on schedule.
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