8th Five-Year National Socio-Economic Development Plan (2016–2020)

The 8th Five-Year National Socio-economic Development Plan (2016–2020) “8th NSEDP” is a mean to implement the resolutions of the 10th Party Conference that also emphasizes the areas from the previous plan implementation that still need to be achieved. The Plan also re ects the Socio-economic Development Strategy until 2025 and Vision 2030 with an aim to build a new foundation for graduating from LDC status by 2020 to become an upper-middle-income country by 2030. Therefore, the 8th NSEDP is an important tool central to the assurance of the national defence and development of the party’s new directions.