The Sixteenth Plan (Fiscal Year 2024/25 – 2028/29).

The Sixteenth Plan is Nepal’s latest five-year national development plan, designed to guide the country toward the long-term vision of Prosperous Nepal, Happy Nepali. The plan recognizes that despite significant achievements in poverty reduction, infrastructure expansion, literacy, healthcare, electricity access, and social inclusion over nearly seven decades of planned development, Nepal continues to face structural challenges such as low economic growth, weak industrialization, dependence on imports and remittances, unemployment, governance issues, and climate vulnerability.
The plan adopts the vision of Good Governance, Social Justice and Prosperity and seeks to make development outcomes more visible in the daily lives of citizens. It emphasizes strengthening governance systems, improving public service delivery, reducing poverty and inequality, expanding access to quality education and healthcare, creating productive employment, and ensuring equitable development across provinces and local governments. The plan also focuses on increasing economic resilience, improving public financial management, and enhancing the effectiveness of federal governance structures.
The Sixteenth Plan proposes a broad package of transformational interventions across 13 priority areas. These include, strengthening macroeconomic stability and public finance; increasing agricultural and industrial productivity; promoting domestic production and export competitiveness; creating productive jobs and supporting entrepreneurship; improving education, skills development, healthcare, and social protection systems; expanding quality infrastructure, connectivity, and sustainable urbanization; promoting gender equality, social inclusion, and balanced provincial development; reducing poverty and inequality; improving governance, transparency, and service delivery; enhancing capital expenditure efficiency; supporting biodiversity conservation, climate resilience, disaster risk reduction, and green growth; and ensuring a smooth transition from LDC status while accelerating SDG implementation. The plan further emphasizes evidence-based policymaking, digital transformation, environmental sustainability, private-sector participation, cooperative development, and stronger coordination among federal, provincial, and local governments to achieve structural transformation and long-term prosperity.