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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.
Additionally, the Department of Multilateral Affairs and the Department of Bilateral Affairs were reorganised, each gaining a new division. In order to spread knowledge and foster a better understanding of Bhutan overseas, the Public Diplomacy Division was created in the 12th Five Year Plan (2018–2023). [2]
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% ...
The third Prime Minister of Bhutan Lotay Tshering secured an aid package of about Nu.45 billion (about $635 million) for the 12th five-year plan in his first overseas visit to India in November 2018. During this meeting the tariff rate for the Mangdechhu Hydropower Project plant was also brought under discussion where Lotay Tshering tried to ...
Since 1961, the government of Bhutan has guided the economy through five-year plans in order to promote economic development. [15] On 8 December 2023, Bhutan graduated from the UN's list of least developed countries (LDCs), making it only the 7th country to do so and the first in 3 years. [16] [17]
The project emphasizes Bhutan’s cultural identity while leveraging modern technologies and sustainable practices. [5] Its development was highlighted at the Bhutan Innovation Forum in 2024, where it was endorsed by Nobel laureates Joseph Stiglitz and Michael Spence , architect Bjarke Ingels , and Snap Inc. CEO Evan Spiegel .
Pages in category "Five-year plans" The following 12 pages are in this category, out of 12 total. ... Five-year plan; ... Five-Year Plans of Bhutan; Five-Year Plans ...
Five-Year Plans of South Korea, an economic development project of South Korea; Five-Year Plans of Vietnam, a series of economic development initiatives; Five-year plan of Yugoslavia, which existed from 1946 to 1951; First Malayan Five-Year Plan, the first economic development plan launched by the Malayan government, just before independence in ...