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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.
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% ...
Five-Year Plans of Bhutan, a series of national economic development plans created by the government of Bhutan since 1961; ... Five-year plan of Yugoslavia, ...
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.
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]
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