## Bhutan: Poverty Reduction Strategy Paper—Joint Staff Advisory Note

_IMF Staff Country Reports, July 2, 2010_

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**Canonical URL:** [Bhutan: Poverty Reduction Strategy Paper—Joint Staff Advisory Note](https://www.imf.org/en/publications/cr/issues/2016/12/31/bhutan-poverty-reduction-strategy-paper-joint-staff-advisory-note-23995)

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## Bibliographic details
- Published: July 2, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781455207398.002

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### Overview and primary objective
- The overarching objective of Bhutan’s Tenth Five-Year Plan (10FYP)—which is also the Royal Government of Bhutan’s Poverty Reduction Strategy Paper (PRSP)—is to sustain this trajectory and reduce poverty further.
- The 10FYP forecasts an average fiscal deficit of about 3 percent of GDP, the same as in the 9FYP and in line with the Royal Government of Bhutan (RGoB)'s strategic fiscal policy goals.

### Macroeconomic drivers and past performance
- Political stability, prudent economic management, and development of the hydropower sector delivered robust economic growth during the 9FYP.
- Favorable economic performance was underpinned by sound macroeconomic policies.

### Subject focus and thematic coverage
- Education
- Environment
- Poverty
- Poverty reduction
- Poverty reduction strategy

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/bhutan-poverty-reduction-strategy-paper-joint-staff-advisory-note-23995_