Bhutan : Assessment Letter for the World Bank / International Monetary Fund.

Format:

Book

Author/Creator:

International Monetary Fund, author, issuing body.

Series:

Policy Papers ; Volume 2012, Issue 097

Language:

English

Subjects (All):

Monetary policy.

Physical Description:

1 online resource (3 pages).

Other Title:

Bhutan

Place of Publication:

Washington, D.C. : International Monetary Fund, 2012.

Summary:

Bhutan's growth has remained robust, but the current account deficit has widened.• Bhutan's economy has expanded at a robust pace driven by the hydropower sector developments. GDP growth is estimated at nearly 8 percent in 2011/12 (from 8.5 percent in 2010/11), and is projected to reach 12.5 percent in 2012/13 due to the acceleration in hydropower-related construction. Inflation has risen, reaching 13.5 percent in 2012Q2, with both food and nonfood components accelerating. Bhutan's medium-term outlook is favorable, as growth should remain strong at around 8-9 percent over the medium term, driven by developments in the hydropower sector, manufacturing, and domestic services.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781498380287

149838028X