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Nepal. It was declared by king Mahendra in BS 2012 to be effective from BS 2013.
The plan was declared as Five-year Plan. It was the first systematic plan for the
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development of the country. The Five-year Plan was continued till 10 Five-year Plan
nd
in 2064. Only the 2 economic planning (2019-2022) was Three-year Plan, rest of the
plans were Five-year Plan. The years of BS 2018-2019, BS 2047-2049 were without
any planning because of the political crisis in the country. These years were called
'Plan Holiday’, the years without plans.
The new system of plan was introduced after BS 2064, that is Three-year Interim
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Plan instead of five years. It was the 11 economic plan. The government has decided
to start Three-year Plan for rapid development of the country as well as unobstructed
development in the country because there was ongoing political movement in the
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country. The peace process had not come to its final point. By BS 2070, the 12
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Economic Planning have been over and the 14 Three-year Planning is going to by
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(2073/74/74-75/76) 2076 Asar. The government announced 15 Five-year Plan for
2076-2081).
Benefits of Planning

A planned activities can result in many advantages. Some of them are given below:
Needs and necessities can be fulfilled on priority basis.
Optimum utilization of resources
Proper utilization of budget
Rapid economic and infrastructural development
Social environmental and regional justice is guaranteed
Smooth completion of the projects in specific period of time
Good harmony between population and environment

Fifteen Five Years Plan 2076 - 2081

Background
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The main motto of the current 15 Five Year Plan is "Prosperous Nepal, Happy
Nepali".

Objectives
a. To provide easily accessible, qualitative and modern infrastructure, productive
employment generation, high sustainable inclusive economic growth through
poverty alleviation.

b. To provide qualitative health and a healthy environment, social justice,
accountable social service and quality of life.
c. To protect the national benefit democracy, sovereignty and ensure socio-
economic transformation for a strong economic foundation.

Goal
To increase the economic growth rate to 10.5% and eradicate absolute poverty (reduce
100%) by BS 2100.

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