Bhutan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bhutan

International Monetary Fund

No 2022/146, IMF Staff Country Reports from International Monetary Fund

Abstract: The pandemic has had a substantial impact on the economy, straining pre-pandemic gains in income and poverty reduction. The wide-ranging policy measures, including containment protocols, rapid vaccination and booster campaigns, direct income support, and policy support for borrowers and businesses, mitigated the adverse impact on lives and well-being. As the pandemic recedes and in light of the uncertainties from the war in Ukraine, the focus needs to be on securing livelihoods and ensuring strong and job-rich medium-term growth, while minimizing any persistent adverse effects from the pandemic and mitigating risks.

Keywords: development goal; quarterly balance of payments; income support; FDI investment rule; Five-Year Plans; food price; COVID-19; Debt sustainability; Debt sustainability analysis; Global; South Asia (search for similar items in EconPapers)
Pages: 70
Date: 2022-05-24
New Economics Papers: this item is included in nep-cis and nep-mac
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