Five-Year Plans of Nepal - Seventh

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:

    Grovelling,
    intimate words,
    heart-stealing flattery,
    a tight embrace
    of my thinner-than-thin body,
    violent kisses all over—
    obviously,
    getting angry is worth the risk,
    but even still,
    I’m not interested.
    My lover
    is dear to my heart,
    so how could I be like that
    on purpose?
    Amaru (c. seventh century A.D.)

    Remember the sabbath day, to keep it holy. Six days shalt thou labour, and do all thy work: but the seventh day is the sabbath of the Lord thy God: in it thou shalt not do any work, thou, nor thy son, nor thy daughter, thy manservant, nor thy maidservant, nor thy cattle, nor thy stranger that is within thy gates: for in six days the Lord made heaven and earth, the sea, and all that in them is, and rested the seventh day: wherefore the Lord blessed the sabbath day, and hallowed it.
    Bible: Hebrew Exodus, 20:8-11.

    The fourth commandment.

    When he bit
    that bud of her lower lip,
    she started,
    shook a finger,
    arched her brow,
    and hissed,
    “Leave me alone, you fool,”
    her eyes narrowing into slits.
    Whoever kisses
    such a haughty woman
    wins the drink of immortality.
    Those idiot gods
    churned the ocean
    for nothing.
    Amaru (c. seventh century A.D.)