Bhutan: Poverty Reduction Strategy Paper—Joint Staff Advisory Note

International Monetary Fund

No 2010/181, IMF Staff Country Reports from International Monetary Fund

Abstract: 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. 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. 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.

Keywords: ISCR; CR; Bhutan; poverty headcount ratio; PRSP point; poverty profile; Bhutan's PRSP; Royal Government of Bhutan's Poverty Reduction Strategy Paper; PRSP goal; PRSP's emphasis; PRSP place; poverty estimate; Poverty reduction strategy; Poverty reduction; Global (search for similar items in EconPapers)
Pages: 11
Date: 2010-07-02
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