Bhutan Development Update, April 2015

Growth rebounded in 2014 along with the lift of restrictions over credit and imports, tourism expansion, and the resumption of hydropower investment. Bhutan’s significant dissaving is illustrated by a large current account deficit. Priority will ha...

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Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
TAX
Online Access:http://documents.worldbank.org/curated/en/2015/05/24503965/bhutan-development-update
http://hdl.handle.net/10986/22070
id okr-10986-22070
recordtype oai_dc
spelling okr-10986-220702021-04-23T14:04:06Z Bhutan Development Update, April 2015 World Bank Group TARIFFS DEFICIT HOLDING BORROWER EQUIPMENT ACCOUNTING DEPOSITS BROAD MONEY CREDIT OUTSTANDING FINANCIAL MANAGEMENT FINANCING STOCK FOREIGN INVESTORS INTEREST EMPLOYMENT OPPORTUNITIES BIAS INTEREST RATE REVOLVING FUND PRIVATE CREDIT EXCHANGE BALANCE OF PAYMENTS NON- PERFORMING LOANS REVENUES TERM DEPOSITS PORTFOLIO CAPITAL ADEQUACY LOAN OPERATING COST TAX REAL ESTATE LOANS PAYMENTS RESERVE CURRENT ACCOUNTS INTERNATIONAL TRANSACTIONS INFLATION BUSINESS OPPORTUNITY BUDGET CONVERSION ECONOMIC ACTIVITY LABOR MARKET TRADE BALANCE OIL PRICES PUBLIC-PRIVATE PARTNERSHIP CURRENCY MARKET DEVELOPMENT COMMERCIAL BANK EXPORT EARNINGS CURRENT ACCOUNT LOW INTEREST RATES FINANCES ASSET DIVERSIFICATION INTEREST RATES DEBT EQUITY PARTICIPATION PRIVATE INVESTMENT RETURN DEFICITS SETTLEMENT PUBLIC FINANCE DOMESTIC DEBT DIRECT INVESTMENT LOANS RESERVES PERSONAL LOANS DEBT SERVICE GROSS DOMESTIC PRODUCT REAL ESTATE MONETARY AUTHORITY FINANCE DONOR SUPPORT PUBLIC INVESTMENT TAXES FIXED EXCHANGE RATE BANKS FISCAL DEFICIT TRANSACTIONS UNEMPLOYMENT INCOME CATEGORY CREDIT EXPANSION EQUITY INVESTORS FOREIGN EXCHANGE RESERVES GOOD GOVERNMENT BUDGET CAPITAL PRIVATE SECTOR CREDIT DONOR RESOURCES MARKET PRICES FUTURE BANK FOREIGN DIRECT INVESTMENT CREDIT FIXED INVESTMENT PURCHASING POWER FOREIGN INVESTMENT REPAYMENT GOVERNMENT REVENUE DISBURSEMENTS EXPENDITURES PROPERTY CURRENT ACCOUNT DEFICIT LOAN PORTFOLIO MARKET ECONOMIC SELF-RELIANCE FOREIGN EXCHANGE MONETARY POLICIES DEBT RATIOS DIVERSIFICATION PUBLIC DEBT CURRENCIES GOODS MARKET SHARE FINANCIAL MARKET INVESTMENT SHARE HOUSEHOLDS INVESTMENT CLIMATE POVERTY DEBT SERVICE PAYMENTS CAPITAL INFLOWS REVENUE EARNINGS EXTERNAL DEBT BORROWING CONSUMER PRICE INDEX LENDING DEBT REPAYMENT CREDIT GROWTH AMOUNT OF DEBT EXCHANGE RATE DEBT SERVICING INVESTMENT FINANCES PUBLIC SPENDING PROFITS COMMODITY PRICES CAPITAL ACCOUNT FINANCIAL SECTOR DEVELOPMENT INEQUALITY Growth rebounded in 2014 along with the lift of restrictions over credit and imports, tourism expansion, and the resumption of hydropower investment. Bhutan’s significant dissaving is illustrated by a large current account deficit. Priority will have to be given to private sector development and asset diversification if Bhutan wants to reduce its vulnerability to donor finance and address rising youth unemployment. 2015-06-25T18:43:14Z 2015-06-25T18:43:14Z 2015-04 Report http://documents.worldbank.org/curated/en/2015/05/24503965/bhutan-development-update http://hdl.handle.net/10986/22070 English en_US Bhutan development update; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling South Asia Bhutan
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic TARIFFS
DEFICIT
HOLDING
BORROWER
EQUIPMENT
ACCOUNTING
DEPOSITS
BROAD MONEY
CREDIT OUTSTANDING
FINANCIAL MANAGEMENT
FINANCING
STOCK
FOREIGN INVESTORS
INTEREST
EMPLOYMENT OPPORTUNITIES
BIAS
INTEREST RATE
REVOLVING FUND
PRIVATE CREDIT
EXCHANGE
BALANCE OF PAYMENTS
NON- PERFORMING LOANS
REVENUES
TERM DEPOSITS
PORTFOLIO
CAPITAL ADEQUACY
LOAN
OPERATING COST
TAX
REAL ESTATE LOANS
PAYMENTS
RESERVE
CURRENT ACCOUNTS
INTERNATIONAL TRANSACTIONS
INFLATION
BUSINESS OPPORTUNITY
BUDGET
CONVERSION
ECONOMIC ACTIVITY
LABOR MARKET
TRADE BALANCE
OIL PRICES
PUBLIC-PRIVATE PARTNERSHIP
CURRENCY
MARKET DEVELOPMENT
COMMERCIAL BANK
EXPORT EARNINGS
CURRENT ACCOUNT
LOW INTEREST RATES
FINANCES
ASSET DIVERSIFICATION
INTEREST RATES
DEBT
EQUITY PARTICIPATION
PRIVATE INVESTMENT
RETURN
DEFICITS
SETTLEMENT
PUBLIC FINANCE
DOMESTIC DEBT
DIRECT INVESTMENT
LOANS
RESERVES
PERSONAL LOANS
DEBT SERVICE
GROSS DOMESTIC PRODUCT
REAL ESTATE
MONETARY AUTHORITY
FINANCE
DONOR SUPPORT
PUBLIC INVESTMENT
TAXES
FIXED EXCHANGE RATE
BANKS
FISCAL DEFICIT
TRANSACTIONS
UNEMPLOYMENT
INCOME CATEGORY
CREDIT EXPANSION
EQUITY
INVESTORS
FOREIGN EXCHANGE RESERVES
GOOD
GOVERNMENT BUDGET
CAPITAL
PRIVATE SECTOR CREDIT
DONOR RESOURCES
MARKET PRICES
FUTURE
BANK
FOREIGN DIRECT INVESTMENT
CREDIT
FIXED INVESTMENT
PURCHASING POWER
FOREIGN INVESTMENT
REPAYMENT
GOVERNMENT REVENUE
DISBURSEMENTS
EXPENDITURES
PROPERTY
CURRENT ACCOUNT DEFICIT
LOAN PORTFOLIO
MARKET
ECONOMIC SELF-RELIANCE
FOREIGN EXCHANGE
MONETARY POLICIES
DEBT RATIOS
DIVERSIFICATION
PUBLIC DEBT
CURRENCIES
GOODS
MARKET SHARE
FINANCIAL MARKET
INVESTMENT
SHARE
HOUSEHOLDS
INVESTMENT CLIMATE
POVERTY
DEBT SERVICE PAYMENTS
CAPITAL INFLOWS
REVENUE
EARNINGS
EXTERNAL DEBT
BORROWING
CONSUMER PRICE INDEX
LENDING
DEBT REPAYMENT
CREDIT GROWTH
AMOUNT OF DEBT
EXCHANGE RATE
DEBT SERVICING
INVESTMENT FINANCES
PUBLIC SPENDING
PROFITS
COMMODITY PRICES
CAPITAL ACCOUNT
FINANCIAL SECTOR DEVELOPMENT
INEQUALITY
spellingShingle TARIFFS
DEFICIT
HOLDING
BORROWER
EQUIPMENT
ACCOUNTING
DEPOSITS
BROAD MONEY
CREDIT OUTSTANDING
FINANCIAL MANAGEMENT
FINANCING
STOCK
FOREIGN INVESTORS
INTEREST
EMPLOYMENT OPPORTUNITIES
BIAS
INTEREST RATE
REVOLVING FUND
PRIVATE CREDIT
EXCHANGE
BALANCE OF PAYMENTS
NON- PERFORMING LOANS
REVENUES
TERM DEPOSITS
PORTFOLIO
CAPITAL ADEQUACY
LOAN
OPERATING COST
TAX
REAL ESTATE LOANS
PAYMENTS
RESERVE
CURRENT ACCOUNTS
INTERNATIONAL TRANSACTIONS
INFLATION
BUSINESS OPPORTUNITY
BUDGET
CONVERSION
ECONOMIC ACTIVITY
LABOR MARKET
TRADE BALANCE
OIL PRICES
PUBLIC-PRIVATE PARTNERSHIP
CURRENCY
MARKET DEVELOPMENT
COMMERCIAL BANK
EXPORT EARNINGS
CURRENT ACCOUNT
LOW INTEREST RATES
FINANCES
ASSET DIVERSIFICATION
INTEREST RATES
DEBT
EQUITY PARTICIPATION
PRIVATE INVESTMENT
RETURN
DEFICITS
SETTLEMENT
PUBLIC FINANCE
DOMESTIC DEBT
DIRECT INVESTMENT
LOANS
RESERVES
PERSONAL LOANS
DEBT SERVICE
GROSS DOMESTIC PRODUCT
REAL ESTATE
MONETARY AUTHORITY
FINANCE
DONOR SUPPORT
PUBLIC INVESTMENT
TAXES
FIXED EXCHANGE RATE
BANKS
FISCAL DEFICIT
TRANSACTIONS
UNEMPLOYMENT
INCOME CATEGORY
CREDIT EXPANSION
EQUITY
INVESTORS
FOREIGN EXCHANGE RESERVES
GOOD
GOVERNMENT BUDGET
CAPITAL
PRIVATE SECTOR CREDIT
DONOR RESOURCES
MARKET PRICES
FUTURE
BANK
FOREIGN DIRECT INVESTMENT
CREDIT
FIXED INVESTMENT
PURCHASING POWER
FOREIGN INVESTMENT
REPAYMENT
GOVERNMENT REVENUE
DISBURSEMENTS
EXPENDITURES
PROPERTY
CURRENT ACCOUNT DEFICIT
LOAN PORTFOLIO
MARKET
ECONOMIC SELF-RELIANCE
FOREIGN EXCHANGE
MONETARY POLICIES
DEBT RATIOS
DIVERSIFICATION
PUBLIC DEBT
CURRENCIES
GOODS
MARKET SHARE
FINANCIAL MARKET
INVESTMENT
SHARE
HOUSEHOLDS
INVESTMENT CLIMATE
POVERTY
DEBT SERVICE PAYMENTS
CAPITAL INFLOWS
REVENUE
EARNINGS
EXTERNAL DEBT
BORROWING
CONSUMER PRICE INDEX
LENDING
DEBT REPAYMENT
CREDIT GROWTH
AMOUNT OF DEBT
EXCHANGE RATE
DEBT SERVICING
INVESTMENT FINANCES
PUBLIC SPENDING
PROFITS
COMMODITY PRICES
CAPITAL ACCOUNT
FINANCIAL SECTOR DEVELOPMENT
INEQUALITY
World Bank Group
Bhutan Development Update, April 2015
geographic_facet South Asia
Bhutan
relation Bhutan development update;
description Growth rebounded in 2014 along with the lift of restrictions over credit and imports, tourism expansion, and the resumption of hydropower investment. Bhutan’s significant dissaving is illustrated by a large current account deficit. Priority will have to be given to private sector development and asset diversification if Bhutan wants to reduce its vulnerability to donor finance and address rising youth unemployment.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Bhutan Development Update, April 2015
title_short Bhutan Development Update, April 2015
title_full Bhutan Development Update, April 2015
title_fullStr Bhutan Development Update, April 2015
title_full_unstemmed Bhutan Development Update, April 2015
title_sort bhutan development update, april 2015
publisher World Bank, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/05/24503965/bhutan-development-update
http://hdl.handle.net/10986/22070
_version_ 1764449993344679936