Nepal's Periodic Plans
- Topic
- Nepal's Periodic Plans
- Category
- Development Planning
- Key Facts
Periodic Development Plans
Nepal has implemented periodic development plans since $1956$.
Plan Period 1st Plan $1956\text{–}1961$ 15th Plan $2019\text{–}2024$ 16th Plan $2024\text{–}2029$ National Planning Commission (NPC)
- Formulates periodic development plans and coordinates economic policies across all ministries.
- Chaired by the Prime Minister (ex-officio), with executive operations led by the Vice-Chairman.
LDC Graduation
- Nepal is scheduled to graduate from the Least Developed Country (LDC) status in 2026 (originally deferred from $2021$ due to the impacts of the $2015$ earthquake and the COVID-19 pandemic).
- Graduation will phase out key unilateral trade preferences, requiring proactive trade and transition strategies.
SDG Alignment
- National periodic plans are systematically mapped and aligned with the United Nations' Sustainable Development Goals (SDGs) to achieve the $17$ global targets by $2030$.