Seventh
The Seventh Five-Year Plan (1985–90) proposed expenditures of Rs29 billion. It encouraged private sector participation in the economy (less than Rs22 billion) and local government participation (Rs2 billion). The plan targeted increasing productivity of all sectors, expanding opportunity for productive employment, and fulfilling the minimum basic needs of the people. For the first time since the plans were devised, specific goals were set for meeting basic needs. The availability of food, clothing, fuelwood, drinking water, primary health care, sanitation, primary and skillbased education, and minimum rural transport facilities was emphasized.
Because of the political upheavals in mid-1990, the new government postponed formulating the next plan. The July 1990 budget speech of the minister of finance, however, implied that for the interim, the goals of the seventh plan were being followed.
Foreign aid as a percentage of development averaged around 66 percent (see table 10, Appendix). The government continually failed to use all committed foreign aid, however, probably as a result of inefficiency. In the Rs26.6 billion budget presented in July 1991, approximately Rs11.8 billion, or 44.4 percent of the budget, was expected to be derived from foreign loans or grants.
Read more about this topic: Five-Year Plans Of Nepal
Famous quotes containing the word seventh:
“I don’t know.
When my lover
comes to me
and says such loving things,
do all my parts
become eyes
or ears?”
—Amaru (c. seventh century A.D.)
“Hard-hearted girl,
get rid of these doubts
based on false rumor.
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silly girl,
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sweetheart.
Suit yourself.”
—Amaru (c. seventh century A.D.)
“When my face turned toward his,
I averted it
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When my ears clamored
to hear his talk,
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When my cheeks broke out
in sweat and goosebumps,
I covered them with my hands.
But Friends,
when the seams of my bodice
burst in a hundred places,
what could I do?”
—Amaru (c. seventh century A.D.)