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Bhutan's hydropower potential and its attraction for tourists are key resources. The Bhutanese Government has made some progress in expanding the nation's productive base and improving social welfare. In 2010, Bhutan became the first country in the world to ban smoking and the selling of tobacco. In order to stamp out cross-border smuggling ...
The takin is Bhutan's national animal. Bhutan signed the Rio Convention on Biological Diversity on 11 June 1992, and became a party to the convention on 25 August 1995. [66] It has subsequently produced a National Biodiversity Strategy and Action Plan, with two revisions, the most recent of which was received by the convention on 4 February ...
The latest Thirteens Five Year Plan (2024–2029) [3] (13th FYP) initiates a strategic shift in addressing the country's changing needs in a globalised world through implementing Bhutan's guiding philosophy of GNH (Gross National Happiness). The Plan's ambitious aim is for Bhutan to become a High-Income GNH Economy by 2034.
The GMC is set to occupy 2.5% of Bhutan’s total landmass, which is currently inhabited by some 10,000 people, mostly farmers, who already rate the lowest in Bhutan’s GNH surveys, with only 33% ...
According to Central Intelligence Agency, "budget surplus (+) or deficit (-) records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit).
Bhutan has regulated corporations since 1989, most recently under the Companies Act of 2000. [5] These regulations include taxation of corporate income. [5]: pp. 112–3, 120–1 As of 2011, Bhutan's Corporate Income Tax rate was 30 percent on net profits; in addition, the Business Income Tax was another 30 percent on net profits. [6] [7]
This is a list of countries by gross national income (GNI) ... Bhutan: 5.3: 2022 Bolivia: 2.0 ... The growth of per capita income can show high variance between years ...
The term "Gross National Happiness" as conceptualized by the 4th King of Bhutan, Jigme Singye Wangchuck, in 1972 was declared, "more important than Gross Domestic Product." [ 2 ] [ 3 ] The concept implies that sustainable development should take a holistic approach towards notions of progress and give equal importance to non-economic aspects of ...