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Bhutan Economic Update, December 2016

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dc.contributor.authorWorld Bank
dc.date.accessioned2017-02-06T16:02:48Z
dc.date.available2017-02-06T16:02:48Z
dc.date.issued2016-12
dc.description.abstractBhutan maintained solid macroeconomic performance in 2016. Large ongoing investments in hydropower projects, and supportive fiscal and monetary policy have contributed to the momentum in growth. Single-digit inflation, a relatively stable exchange rate, and accumulating international reserves attest to a stable macroeconomic environment. Rapid growth in a relatively calm macroeconomic context is likely to continue for the next few years, which should result in a steady reduction of poverty. Nevertheless, Bhutan’s structural challenges remain: large current account deficits, high public debt, an underdeveloped private sector, and a high youth unemployment rate. To address these challenges, the Royal Government of Bhutan is in the process of revising the Economic Development Policy (EDP) commencing in 2016 and has started preparatory work on the 12th Five-Year Plan (FYP), which will commence in 2018.en
dc.identifier.doi10.1596/26004
dc.identifier.urihttps://hdl.handle.net/10986/26004
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjecteconomic growth
dc.subjecteconomic outlook
dc.subjecttrade
dc.subjectmonetary policy
dc.subjectfiscal trends
dc.subjectemployment
dc.subjectlabor market
dc.subjectmacroeconomic policy
dc.subjectprospects
dc.titleBhutan Economic Update, December 2016en
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleBhutan Economic Update, December 2016
okr.date.disclosure2017-02-07
okr.date.doiregistration2025-04-07T08:26:13.739452Z
okr.date.doiregistration2025-04-08T16:12:35.368020Z
okr.date.doiregistration2025-04-09T03:08:08.381386Z
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.guid500311486463251298
okr.identifier.doi10.1596/26004
okr.language.supporteden
okr.region.administrativeSouth Asia
okr.region.countryBhutan
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
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