Kathmandu. The government has set a target of reducing the poverty rate to 10 percent in the next five years. The government has set a target of reducing the poverty rate to 10 per cent in the next five years.

Currently, Nepal’s poverty rate stands at 20.27 percent. However, the government has set a target to reduce the rate by half in the next 5 years.

“Multidimensional poverty rate will be reduced to 10 per cent within five years by reducing the economic and social inequality through a balanced and complementary development model among private, cooperative and public sector,” he said. “The commitment states.