Bhutan: Background Paper

Publication Date:

June 15, 1995

Summary:

This paper describes economic development in Bhutan during 1990s. It highlights that since the 1980s, considerable importance has been placed on developing resource-based industries—spearheaded by large government hydropower, forestry, and mining projects—financed mainly with concessional foreign assistance. Consistent with the country’s development philosophy, exploitation of forests has been carefully controlled owing to concerns about the impact on the environment. This paper also examines the financial and sectoral policies and related developments in Bhutan.

Series:

Country Report No. 1995/135

Subject:

Notes:

This report on Bhutan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Bhutan, or the Executive Board of the IMF.

English

Publication Date:

June 15, 1995

ISBN/ISSN:

9781451806212/1934-7685

Stock No:

1BTNEA0011995

Pages:

81

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