Fifteenth National Plan, 2019/2020-23/24 (Nepal)

The Fifteenth National Plan has set a vision for achieving a rapid and balanced economic development as well as prosperity, good governance and happiness of the citizens. This plan will create the basis for attaining prosperity, happiness, and socialism-oriented economy, the fruit of which will hopefully be enjoyed by the current generation itself. The plan has been formulated with the aim of upgrading Nepal from a least developed country to a developing country by 2022 and achieving the SDGs by 2030 to lift Nepal to the level of a middle-income country through an increase in income level, development of a quality human capital and the reduction of economic risks. The plan will provide a basis for achieving the Long-Term Vision of socialism-oriented welfare state with a prosperous economy, social justice, and improved living standards. “Prosperous Nepal, Happy Nepali.” Accordingly, the national goal of this plan is to create a basis for upgrading Nepal to the status of a high-income country by transforming it into a socialism-oriented welfare state with a prosperous economy, social justice and improved living standards. It also provides for major quantitative targets.