Okay kiddo, so an action for economic reform is when people who make big decisions about how money is spent and made in a country want to make some changes. They want to fix things that might not be working well or might be unfair to some people.
Think of it like this - let's say you and your friend are sharing a toy, but your friend always gets to play with it more than you do even though you both put in the same amount of money to buy it. If you wanted to make it more fair, you might suggest some changes like taking turns or finding a new toy that you both like equally. That's kind of what an action for economic reform is - they want to make things more fair and equal for everyone in the country.
Sometimes, people who make these decisions might talk about things like taxes or how much money a company can make. They might also talk about things like creating jobs or making it easier for people to start their own businesses. All of these things are ways to try and make the economy - or how money is made and spent in the country - better for everyone.
Overall, an action for economic reform is just people trying to make things more fair and equal when it comes to money in a country.