Bhutan’s broad-based growth has reduced poverty and inequality over the past decades. To respond to the COVID-19 pandemic and multiple global and domestic crises, the country adopted unorthodox policies such as using foreign reserves to invest in crypto-mining, which slashed reserves by half and exacerbated macroeconomic and financial vulnerabilities. External vulnerabilities combined with longstanding structural weaknesses have intensified the negative...
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DETAILS
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2025/02/12
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Policy Note
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197344
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1
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2025/02/12
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Disclosed
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Bhutan’s Aspirations : People, Progress, and Planet - Reaching Upper Middle Income Status by 2029 : Policy Notes 2024
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Citation
Ashiq Aziz.
Bhutan’s Aspirations : People, Progress, and Planet - Reaching Upper Middle Income Status by 2029 : Policy Notes 2024 (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099021225000523577