Bhutan : Staff Report for the 2014 Article IV Consultation.

This 2014 Article IV Consultation highlights that the GDP growth in Bhutan has slowed from about 10 percent in FY2011 (July 1-June 30) to 5 percent in FY2013. Slower growth reflects policy efforts to contain overheating pressures in the form of restrictions on credit for construction and vehicle. In...

Ausführliche Beschreibung

Bibliographische Detailangaben
Körperschaft: International Monetary Fund. Asia and Pacific Dept
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2014.
Schriftenreihe:IMF Staff Country Reports; Country Report ; No. 2014/178
Online Zugang:Full text available on IMF
Beschreibung
Zusammenfassung:This 2014 Article IV Consultation highlights that the GDP growth in Bhutan has slowed from about 10 percent in FY2011 (July 1-June 30) to 5 percent in FY2013. Slower growth reflects policy efforts to contain overheating pressures in the form of restrictions on credit for construction and vehicle. Inflation has remained elevated, tracking closely that of India (Bhutan's main trading partner). Social development indicators have improved steadily, and Bhutan is on track or has achieved most of its Millennium Development Goals. Growth is projected to recover to 6 1\2 percent in FY2014, driven mainly by a pick-up in hydropower-related construction activities and domestic services.
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Beschreibung:1 online resource (118 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Zugangseinschränkungen:Electronic access restricted to authorized BRAC University faculty, staff and students