The announcement follows months of consultations and is being described by observers as a significant step with wide-ranging effects.
Speaking to reporters, a spokesperson said further details would be shared shortly, adding that stakeholder consultations were ongoing and feedback would be incorporated where feasible.
Analysts described the move as significant, noting that similar programs in the region have produced measurable results within the first year when backed by consistent implementation.
The announcement drew swift reactions across the political and business spectrum, with supporters calling it overdue and critics questioning the allocation of resources.
Independent observers cautioned that execution remains the real test, pointing to earlier schemes that launched with momentum but slowed once initial attention faded.
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