Bhutan Economic Update, September 2017 : Hydropower Sector Clouds Macroeconomic Prospect

Bhutan maintained solid growth and macroeconomic stability in the first half of 2017. However, delays in hydropower construction cloud macroeconomic prospects in the coming years. Given the size and importance of hydropower projects in the economy,...

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Main Authors:	Ishihara, Yoichiro, Lhaden, Tenzin
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	MACROECONOMIC POLICY HYDROPOWER ECONOMIC GROWTH ECONOMIC OUTLOOK MONETARY POLICY FISCAL TRENDS PUBLIC DEBT
Online Access:	http://documents.worldbank.org/curated/en/928101506577526874/Bhutan-economic-update-hydropower-sector-clouds-macroeconomic-prospect http://hdl.handle.net/10986/28437

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recordtype	oai_dc
spelling	okr-10986-284372021-05-25T09:56:16Z Bhutan Economic Update, September 2017 : Hydropower Sector Clouds Macroeconomic Prospect Ishihara, Yoichiro Lhaden, Tenzin MACROECONOMIC POLICY HYDROPOWER ECONOMIC GROWTH ECONOMIC OUTLOOK MONETARY POLICY FISCAL TRENDS PUBLIC DEBT Bhutan maintained solid growth and macroeconomic stability in the first half of 2017. However, delays in hydropower construction cloud macroeconomic prospects in the coming years. Given the size and importance of hydropower projects in the economy, delays are likely to have significant negative impact on growth, revenues, and exports. Therefore, growth projections have been scaled back, although the economy is still expected to expand by 6.9 percent in 2018. Financing for development is not limited to debt financing. Maximizing access to non-debt financing such as foreign direct investment (FDI) and remittances ensures stable financing for development and less reliance on debt financing. 2017-10-03T19:51:07Z 2017-10-03T19:51:07Z 2017-09-27 Report http://documents.worldbank.org/curated/en/928101506577526874/Bhutan-economic-update-hydropower-sector-clouds-macroeconomic-prospect http://hdl.handle.net/10986/28437 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work 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	MACROECONOMIC POLICY HYDROPOWER ECONOMIC GROWTH ECONOMIC OUTLOOK MONETARY POLICY FISCAL TRENDS PUBLIC DEBT
spellingShingle	MACROECONOMIC POLICY HYDROPOWER ECONOMIC GROWTH ECONOMIC OUTLOOK MONETARY POLICY FISCAL TRENDS PUBLIC DEBT Ishihara, Yoichiro Lhaden, Tenzin Bhutan Economic Update, September 2017 : Hydropower Sector Clouds Macroeconomic Prospect
geographic_facet	South Asia Bhutan
description	Bhutan maintained solid growth and macroeconomic stability in the first half of 2017. However, delays in hydropower construction cloud macroeconomic prospects in the coming years. Given the size and importance of hydropower projects in the economy, delays are likely to have significant negative impact on growth, revenues, and exports. Therefore, growth projections have been scaled back, although the economy is still expected to expand by 6.9 percent in 2018. Financing for development is not limited to debt financing. Maximizing access to non-debt financing such as foreign direct investment (FDI) and remittances ensures stable financing for development and less reliance on debt financing.
format	Report
author	Ishihara, Yoichiro Lhaden, Tenzin
author_facet	Ishihara, Yoichiro Lhaden, Tenzin
author_sort	Ishihara, Yoichiro
title	Bhutan Economic Update, September 2017 : Hydropower Sector Clouds Macroeconomic Prospect
title_short	Bhutan Economic Update, September 2017 : Hydropower Sector Clouds Macroeconomic Prospect
title_full	Bhutan Economic Update, September 2017 : Hydropower Sector Clouds Macroeconomic Prospect
title_fullStr	Bhutan Economic Update, September 2017 : Hydropower Sector Clouds Macroeconomic Prospect
title_full_unstemmed	Bhutan Economic Update, September 2017 : Hydropower Sector Clouds Macroeconomic Prospect
title_sort	bhutan economic update, september 2017 : hydropower sector clouds macroeconomic prospect
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/928101506577526874/Bhutan-economic-update-hydropower-sector-clouds-macroeconomic-prospect http://hdl.handle.net/10986/28437
_version_	1764466910824497152

Bhutan Economic Update, September 2017 : Hydropower Sector Clouds Macroeconomic Prospect

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