KATHMANDU, May 14: A meeting of the Council of Ministers has passed the 16th five-year plan. Government Spokesperson Rekha Sharma said that the 16th five-year plan was endorsed by the cabinet meeting held at Singha Durbar on Tuesday. According to her, the government’s policy and programs and the 16th five-year plan were discussed and approved by the cabinet meeting.

KATHMANDU, May 9: A five-year action plan has been brought to make the government spending effective.

The rationale against surpassing the NPC's ceiling is twofold. Firstly, an inflated budget poses risks to the country's economic stability by allocating resources towards potentially unproductive sectors. Furthermore, the prospect of escalating tax rates to meet revenue targets adds to the burden borne by Nepali citizens, who are already among the most heavily taxed in the region. Secondly, surpassing the national revenue with an inflated budget inevitably amplifies the nation's debt burden, compelling the government to seek additional loans either domestically or internationally. Presently, Nepal grapples with a staggering debt burden, standing at Rs 1.2 trillion in domestic loans and Rs 1.2 trillion in foreign loans, already disproportionate to its revenue.

KATHMANDU, April 25: A meeting of the National Development Council is underway today to discuss the short-term, long-term and periodic development plans formulated by the National Planning Commission (NPC). The primary agenda of the meeting is to finalize the government's 16th plan.

KATHMANDU, April 3: The government is preparing to allocate Rs 436 billion to pay the interest and for the repayment of the principal on public debt for the next fiscal year.

KATHMANDU, March 7: Prime Minister Pushpa Kamal Dahal has addressed the House of Representatives today for the first time after a change in the ruling alliance and reconstitution of the government.

It has been almost seven decades since planned development began in Nepal. To date, Nepal has implemented 15 periodic plans, and the draft of the 16th Plan is currently in the final stages of preparation. This five-year plan is set to commence from the next fiscal year.

KATHMANDU, Jan 31: The National Planning Commission (NPC) held consultations with international development partners on the draft of the 16th period plan and Least Developed Country (LDC) graduation smooth transition strategy.

KATHMANDU, Jan 23: Deputy Prime Minister and Minister for Defence Purna Bahadur Khadka met with the officials of the National Planning Commission (NPC) on Tuesday to discuss the upcoming 16th Periodic Plan.

KATHMANDU, Jan 22: Ambassador of European Union (EU) Veronique Lorenzo on Monday held a meeting with Vice President of the National Planning Commission (NPC), Min Bahadur Shrestha.

KATHMANDU, Jan 8: The members of the House of Representatives (HoR) have suggested to the National Planning Commission (NPC) to plan only implementable projects. The development projects should be planned on the basis of need and relevance, they reminded.

KATHMANDU, Dec 25: The government has started preparations for the annual budget of the fiscal year (FY) 2024/25. The National Planning Commission (NPC) issued a circular to the provincial and local governments and requested proposals for projects and programs to be conducted under federal supplementary and special grants for the coming year.

KATHMANDU, Dec 22: The National Planning Commission (NPC) is considering completing the preparatory works related to the annual budget at earlier dates than the current schedule, with an aim to make budget implementation more effective.

KATHMANDU, Nov 6: The National Planning Commission (NPC) has started discussions on the 16th National Plan on a provincial basis. According to the plan to go to all seven provinces, the NPC has formed separate teams and sent them for discussions.

KATHMANDU, Oct 1: Despite the pressing global challenge of climate change and its severe implications for Nepal, the recently released concept paper of the 16th Periodic Plan by the Nepali government has omitted any mention of climate change. This glaring omission has raised concerns among experts and officials who consider it both unnatural and unexpected, given Nepal's vulnerability to climate-related disasters.

KATHMANDU, Sept 16: Vice-Chairperson of the National Planning Commission, Dr Min Bahadur Shrestha, has said the 16th five-year plan is being prepared in a way it would bring back the Nepalis who are currently in overseas employment.

KATHMANDU, Sept 11: The Confederation of Nepalese Industries (CNI) has offered recommendations to the National Planning Commission (NPC) to formulate the 16th plan with top priority to increase domestic production, import substitution and employment generation.

KATHMANDU, Sept 11: The government implemented the 15th five-year plan in the fiscal year (FY) 2019/20. The goal of the 15th plan is to curb corruption and establish good governance in the country. The main goal of the plan is to build a virtuous society by strengthening the regulatory bodies.

KATHMANDU, Aug 23: The Ministry of Communications and Information Technology (MoCIT) held discussion with its subordinate agencies on the preliminary draft of the 16th five-year periodic plan.

KATHMANDU, July 8: Vice Chairman of National Planning Commission (NPC) Min Bahadur Shrestha has left for China to participate in the Global Forum on Development.

KATHMANDU, July 7: The government has set an ambitious target of reducing the country’s unemployment rate to one-third in the next six years.

KATHMANDU, July 3: The National Planning Commission (NPC) has brought a calendar to prepare the 16th five-year periodic plan to be enforced from 2081/82BS to 2085/86BS. It has issued a 'work procedure on institutional management for preparation of the 16th periodic plan, 2080'.

KATHMANDU, May 29: The full meeting of the National Planning Commission (NPC) has passed the annual program and medium-term expenditure framework to be submitted to the parliament along with the budget.

Listen up folks, Nepal is gearing up to unleash the next national budget, and the country’s National Planning Commission (NPC) is back in the spotlight. The NPC is akin to "Fishy" Dhamala — always in the media, but about as useful as a waterproof towel! The NPC has been busy concocting grandiose plans for Nepal's development while the rest of us are left scratching our heads, desperately trying to catch a decent Wi-Fi signal in our humble abodes! I mean, seriously, have you taken a gander at how much progress the country has made over the decades? It's like observing a sloth endeavoring to ascend a tree — agonizingly sluggish and downright painful!

KATHMANDU, May 23: A delegation led by Chief Minister of Sudurpaschim Province, Kamal Bahadur Shah, held a meeting with Vice Chairperson of National Planning Commission, Dr Min Bahadur Shrestha, at the Commission's Secretariat in Singha Durbar, today.

KATHMANDU, April 22: The government has appointed three more members to the National Planning Commission (NPC).

KATHMANDU, April 10: Visiting former minister of South Korea Dr Lee Nam Ki has said that the Government of South Korea could make investments in Nepal upon the creation of a climate conducive for the purpose.

KATHMANDU, Feb 28: The provinces and local levels have proposed as high as 4,500 projects with an estimated budget worth Rs 142.43 billion to receive supplementary and special grants for the fiscal year 2023/24.

At a time when the economic growth rate has been sluggish, a report prepared by the National Planning Commission (NPC) shows that the per capita income of Nepali people will skyrocket by 40.11 percent to reach 1,935 US dollars in the next four years.

KATHMANDU, Dec 26: A study conducted by the National Planning Commission (NPC) has suggested to restrict foreign investment in the primary sector of agriculture.

KATHMANDU, May 19: The Ministry of Physical Infrastructure and Transport (MoPIT) will not propose any new big projects in the fiscal year 2022-23.

Dr Biswo Nath Poudel is the Vice Chairman of the National Planning Commission (NPC), an advisory body for formulating development plans and policies of the government. Dr Poudel holds a PhD in Agricultural and Resource Economics from the University of California, Berkeley.

KATHMANDU, Dec 29: Prime Minister and Nepali Congress President Sher Bahadur Deuba has sent a team headed by National Planning Commission (NPC) Vice-Chairman Dr Bishwa Poudel to the Sudurpaschim Province for preparing a draft of a greater development project for the Province.

KATHMANDU, Dec 17: A National Planning Commission (NPC) report has stated that multidimensional poverty, vulnerability to shocks including the economic slowdown from COVID-19 and weak infrastructure all impede the progress toward reducing under-nutrition in the country.

KATHMANDU, Oct 11: The National Planning Commission (NPC) and Daayitwa have signed a Memorandum of Understanding (MoU) to collaborate on issues related to public policymaking in Nepal.

KATHMANDU, Oct 10: In the course of discussing the implementation of the budget with various agencies, the Ministry of Finance held discussions with the National Planning Commission on Sunday.  At the meeting, emphasis was laid on increasing the capital expenditure and moving ahead with the programs announced in the budget immediately in order to achieve the target of 7 percent economic growth projected by the replacement budget.

KATHMANDU, Jan 20: The National Planning Commission (NPC) has projected that Rs 665 billion would be required to rescue the economy weakened by the corona virus pandemic.

KATHMANDU, Dec 6: A government study has shown that the pandemic has caused about Rs 12 billion losses in agriculture and livestock sector. Although the impact on the agriculture sector is relatively low, a study conducted by the National Planning Commission (NPC) found that COVID-19 has seriously impacted the agriculture and livestock sector.

NPC releases 15th five-year plan

March 3, 2020 10:11 am

KATHMANDU, March 3: The National Planning Commission's (NPC), after its full- fledged meeting with Prime Minister KP Sharma Oli, has released the 15th five-year plan.

KATHMANDU, Feb 28: A book dealing with foreign policy challenges of Nepal authored by M R Josse was released in the capital on Thursday.

KATHMANDU, Feb 19: National Planning Commission (NPC) has stated that the Ministry of Finance (MoF) has been transferring budget in a bid to show high budget expenditure.

Poverty reduction is possible

November 23, 2019 09:21 am

Poverty is the problem worldwide and Nepal is no exception. Ending “poverty in all its forms everywhere” is one of the main agendas of 17 Sustainable Development Goals unveiled by the UN in 2016.

Expediting development

July 21, 2019 08:29 am

A follow-up interaction session between National Planning Commission (NPC), attended by a senior member of the commission, and Nepal Policy Institute (NPI) was held in Bangkok on May 29 this year. During the session, NPI recalled priority issues which were proposed as development planning goals in areas of (1) food security, for Nepal’s imports of basic food items have not abated (2) lifting restrictions on foreign direct investment and (3) inducting economic diplomacy as top foreign policy instrument.

KATHMANDU, July 1: Vice Chairperson of National Planning Commission Prof Dr Puspa Raj Kadel unveiled the final result of the first-ever National Economic Census 2018 amidst a program organized by the Central Bureau of Statistics here on Monday.

KATHMANDU, April 29: National Planning Commission (NPC) has approved Concept Paper of 15th periodic plan (2019/20-2023/24).

KATHMANDU, April 29: Prime Minister Khadga Prasad Oli on Sunday launched an open data portal that provides all open data at the same platform.

KATHMANDU, April 10: The National Planning Commission (NPC) has projected a total of Rs 9.96 trillion of public spending in the next five years during the implementation of the country’s fifteenth plan.

KATHMANDU, April 4: Progress in development indicators of the country’s 14th development plan have been more satisfactory compared to those in the past plan periods, according to a report of National Planning Commission.

KATHMANDU, Feb 19: The National Planning Commission (NPC) has identified lack of infrastructure and access, along with natural hazards and adverse effects of climate change as the major threats to food security in the country.

KATHMANDU, Nov 13: The government is bringing in ‘Nepal’s Long Term Vision, 2043’ with an ambitious target of becoming a ‘developed country’ within 25 years.