Tuesday, June 9th, 2026

Govt to take country’s economic growth rate close to double digit



KATHMANDU: The government through its common minimum program has unveiled an ambitious plan for taking the country’s economic growth rate close to double digits within the next five years.

Similarly, sustainable development, increasing domestic production, reducing public expenditure, and promoting employment and entrepreneurship have been kept in the government’s priority.

The government has claimed of achieving a high-digit economic growth rate by effectively implementing these priorities.

‘A plan has been set to take the economic growth rate close to double-digit within five years with the involvement of three-tier of governments, private sector, development partners and financial sector’, reads the common minimum program.

The government has a plan to develop agriculture and forest, industry, tourism, information technology and physical infrastructure as the main key of the economic growth.

The government has also made the participation of private sector for country’s economic development as its main agenda.

It has also expressed commitment to make policy-level, institutional reform in order to create investment-friendly environment, according to the common minimum program.

Publish Date : 10 January 2023 06:36 AM

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