Major Political Parties Unveil Economic Reform Agendas Ahead of Elections
Summary
Major political parties in Nepal have unveiled comprehensive economic reform agendas ahead of the upcoming House of Representatives election, targeting significant growth and development over the next five to ten years.
Key Points
- Major political parties in Nepal have released manifestos focusing on economic reforms to improve the nation's economy ahead of the House of Representatives election.
- The Nepali Congress aims for a 'Half Decade of Economic Revival' with a goal to increase the economy size to NPR 115 Kharba and per capita income to US$2,500.
- The CPN (UML) targets NPR 100 Kharba economy in five years and NPR 200 Kharba in ten years, aiming for up to 7% economic growth through multiple sectoral development.
- CPN promises socialist-oriented economic reforms with self-reliance, employment generation, poverty reduction, and establishment of smart cities and villages as part of their agenda.
