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The First Five-Year Plan(1956–61) allocated Rs330 million for development expenditures of which Rs220 million were funded by international donors, partly under the Colombo Plan. [2] Transportation received top priority with almost 30% of the budget allocation but rural development, including agriculture, village development, irrigation and ...
Foreign reserves. $15.58 billion (September 2024) [16] All values, unless otherwise stated, are in US dollars. The economy of Nepal is a developing category and is largely dependent on agriculture and remittances. [6] Until the mid-20th century Nepal was an isolated pre-industrial society, which entered the modern era in 1951 without schools ...
The same is true for the Three-Year Plan (2016–2018) and Fifteenth Five-Year Plans (2019–2023), where responsive institutions and adequate funding will be necessary to reach the targets in the Three-Year Plan of a 35% gross enrolment rate in higher education and a 65% Internet connectivity rate by 2018. The plan also foresees support for ...
The five-year plan of 1965-1970 devised a plan to dedicate a commission for recognizing and promoting the tourism of the country. Under this plan, a high level Tourism development board was later established in 1969 [ 156 ] After being member of the United Nations , King Mahendra invited the UN Secretary General U Thant to Nepal [ 157 ] [ 158 ...
The politics of Nepal functions within the framework of a parliamentary republic with a multi-party system. [1] Executive power is exercised by the Prime Minister and their cabinet, while legislative power is vested in the Parliament. The Governing Nepali Congress and Communist Party of Nepal (UML) have been the main rivals of each other since ...
Nepal is a multi-ethnic, multiracial, multicultural, multi-religious, and multilingual country. The most spoken language is Nepali followed by several other ethnic languages. The modern day Kingdom of Nepal was established in 1768 and started a campaign of unifying what would form the modern territories of Nepal.
Dowry system was criminalized in Nepal in 1976 under the Social Practices Reform Act (2033 B.S). Under the five year plan, King Birendra started the policy of National Service which required the post-graduate students to contribute their one-year of service to the development works in the rural areas.
The project is managed by a committee formed in 2014, which has prepared a 20 years Master Plan that contains various sub-projects. [3] [7] These projects are funded by Nepal government and some international organizations. The study by the committee has identified 164 rivers in 36 districts in the Chure region.