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Navigating the Path to Poverty Reduction in Nepal: Challenges and Strategies

Nepal has made commendable strides in reducing poverty over the past few decades, as evidenced by the decline in poverty headcount figures from 41.76% in 1995-96 to 20.27% in 2022-23 as evidenced by the table below. Poverty headcount, First Survey 1995-96 to Fourth Survey 2022-23  Region 1995-96 2003-04 2010-11 2022-23 Nepal 41.76 30.85 25.16 20.27 Urban 21.55 9.55 15.46 18.34 Rural 43.27 34.62 27.43 24.66 Source: Nepal Living Standard Survey […]