Government policy refers to the set of decisions, guidelines, and actions taken by a government to address issues, manage resources, and influence the behavior of individuals and organizations within a society. These policies are designed to achieve specific objectives, such as economic growth, social welfare, environmental protection, and national security. Government policies can take various forms, including laws, regulations, programs, and initiatives. They are typically formulated through a process that involves research, public consultation, and evaluation of potential impacts. The effectiveness of a government policy can be assessed based on its outcomes and the extent to which it meets the intended goals. Overall, government policy plays a critical role in shaping the legal and economic framework within which citizens and businesses operate.
The government introduces significant increases in both contributory and non-contributory pensions, affecting retirees, people with disabilities, widows, orphans, and families. Eligibility adjustments may allow those previously excluded from minimum complimentary…