KATHMANDU: Nepal will require an additional investment of Rs 755 billion over the next four years to achieve the Sustainable Development Goals (SDGs) and transition from a least developed country (LDC) to a developing nation, according to the Economic Survey.
The report, unveiled on Wednesday, outlines required investments and policy reforms needed to meet the country’s development targets.
According to the survey, Nepal must achieve 94.85 percent of its SDG indicators to graduate to developing country status by 2030. However, current progress stands at a score of 68.58.
The report also highlights that the progress level was recorded at 40.4 percent in the previous year, indicating an improvement of nearly 28 percentage points within a year.
Despite the progress, the government warns that failure to increase investment in infrastructure, social development, health, education, and productive sectors could pose challenges in achieving the SDGs within the target timeframe.
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