In the figurative sense, promotion means stimulus, impulse, help. The term is also used in the sense of relief, balm, that which soothes.
It has an etymological origin in Latin “fomentus”, whose meaning is “that which warms”, “that which keeps the fire”. Fomento is a type of liquid or ointment used as a medicine for fomentation.
Fostering is promoting progress. It is to excite or incite something. It also designates the act of rubbing the skin with some liquid (fomentation).
One of the most common meanings given to the term refers to any government action that has the purpose of promoting the development of a country, a region, or even from the most diverse sectors: Agriculture, Trade and Services, Culture, Education, Industry, Health, Tourism etc.
Development actions are the policies defined to drive a particular sector. In an industry, it could be, for example, setting a longer term for bank financing.
For the economy of a region, development represents an injection of resources into activities that will generate goods and services, thus increasing production, employment and the population's income.
It works as a relief that aims to facilitate or solve development problems, stimulating growth and promoting the progress of different sectors of activity.