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

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  • 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.

Suggested Citation

  • International Monetary Fund, 2022. "Bhutan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bhutan," IMF Staff Country Reports 2022/146, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2022/146
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=518275
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    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;
    All these keywords.

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