Bhutan: 2025 Article IV Consultation-Press Release; and Staff Report

International Monetary Fund

No 2026/019, IMF Staff Country Reports from International Monetary Fund

Abstract: Social conditions have improved significantly in the last decade, raising Bhutan’s living standards while inequality and poverty have declined. The economy has been recovering from the pandemic shock, but external imbalances remain and reserves are still below pre-pandemic levels. Growth is strong, driven by hydropower projects, but emigration among the youth remains a challenge.

Pages: 83
Date: 2026-01-27
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