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:
“My bangles left.
My best friends, tears,
went on forever.
My self-control
wouldnt sit still for a minute.
My mind made itself up
to go on ahead.
When my man
made up his mind to go,
everything else went,
just like him.
Life,
if you must go, too,
then dont forsake
your entourage of friends.”
—Amaru (c. seventh century A.D.)
“Im not making light of prayers here, but of so-called school prayer, which bears as much resemblance to real spiritual experience as that freeze-dried astronaut food bears to a nice standing rib roast. From what I remember of praying in school, it was almost an insult to God, a rote exercise in moving your mouth while daydreaming or checking out the cutest boy in the seventh grade that was a far, far cry from soul-searching.”
—Anna Quindlen (b. 1952)
“Hearing the low sound
of a cloud scattering rain
at midnight
and thinking for an eternity
on his absent young wife,
a traveller heaved a sigh
and with a flood of tears
howled the whole night long.
Now, villagers wont let him stay
in their place anymore.”
—Amaru (c. seventh century A.D.)