CPN-UML Pledges to Grow Nepal's Economy to NPR 100 Trillion in Five Years

Kathmandu. The CPN-UML has announced a pledge to expand the country's economy to NPR 100 trillion within the next five years.

This declaration was made on Thursday in Kathmandu while unveiling the party's election manifesto. The manifesto, published for the House of Representatives Election-2082, prioritizes economic development, infrastructure construction, and social security. Through its manifesto, the CPN-UML has established 25 pillars of prosperity, with the very first pillar setting a target to reach an economy of NPR 100 trillion in the next five years and NPR 200 trillion in ten years.

Along with the size of the economy, the CPN-UML has mentioned in its manifesto a plan to achieve an annual economic growth rate of 7 to 9 percent through agriculture, energy, tourism, and infrastructure development.

A goal has been set to increase the per capita income of Nepalis to US$3,000 within the next five years. The party also announced a commitment to create 500,000 jobs annually. In line with the policy of creating employment opportunities domestically, this commitment to generate 500,000 jobs annually has been made. It was also announced that the minimum monthly wage for workers will be increased to NPR 25,000.