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"adjustment plan" is a correct and commonly used phrase in written English.
It refers to a planned course of action or strategy to make necessary changes or adaptations in a particular situation or system. Example: In order to improve efficiency, the company has implemented a new adjustment plan that includes streamlining processes and investing in new technology.
Exact(22)
Catalonia is on its fifth adjustment plan.
"When the adjustment plan was decided on, no-one could have predicted where we would be now," he says.
"The gulf crisis is merely a bad excuse to apply the same medicine of the past eight years and to introduce a new adjustment plan," he said.
But instead of adopting an adjustment plan, the government has continued to print money and introduce ever more stringent price and exchange controls.
In 1995, an economic adjustment plan mandated by the International Monetary Fund implemented by the government of then-President Jean-Bertrand Aristide cut tariffs on rice imports to Haiti from 35%to3%35%to3%
For example, protection would be automatically granted once the International Trade Commission, a quasi-judicial Federal agency, determined that an industry had suffered injury and approved an adjustment plan for it.
Similar(38)
Structural adjustment plans for the poor have involved privatisation, liberalisation and deregulation.
Structural adjustment plans for the west, it seems, comprise of nationalisation, subsidisation and re-regulation.
Land was taken by government for a coastal resort, a golf course, or under the pressure of structural adjustment plans to export more agricultural products.
"Growth will support some governments' adjustment plans more than those of others," Mr. Cailleteau said in the report, "but no government can rely on it".
He reluctantly accepted a series of severe IMF structural adjustment plans, to the dismay of the working poor, but he refused to acquiesce in the indiscriminate privatisation of state resources, and stuck to his guns over wages, education and health.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com