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Started 18 hours ago · Updated 17 hours ago

Nepal Needs Additional Rs 755 Billion Investment for Development Goals: Economic Survey

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Nepal requires an additional investment of Rs 755 billion over the next four years to achieve Sustainable Development Goals and transition to a developing nation, according to the Economic Survey. The report indicates that Nepal must achieve 94.85 percent of its SDG indicators to graduate by 2030, a significant increase from the current 68.58 percent progress.

  • The Economic Survey highlights that progress on SDG indicators has improved by nearly 28 percentage points within the last year.
  • Failure to increase investment in infrastructure, social development, health, education, and productive sectors could challenge the achievement of SDGs within the target timeframe.
  • The Economic Survey 2082/83, presented by Finance Minister Dr. Swarnim Wagle, also noted approved investment worth approximately 5 kharba rupees through the Department of Industry and Investment Board by the end of Falgun.
  • Fixed investment in Nepal is projected to grow by 18.6% this fiscal year, with the private sector claiming a dominant 73.5% share.
  • Over 11 thousand industries have been registered, with an estimated 7.5 lakh people to gain direct employment.

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Department of Industry Investment Board Nepal Swarnim Wagle Economic Survey Sustainable Development Goals

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