Bhutan Development Update, August 2020

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作者：

World Bank

来源地址：

http://hdl.handle.net/10986/34603

关键词：

ECONOMIC GROWTH;  INFLATION;  MONETARY POLICY;  FINANCIAL SECTOR;  EXTERNAL SECTOR;  FISCAL TRENDS;  ECONOMIC OUTLOOK;  RISKS;  SUSTAINABLE FOREST MANAGEMENT;  EQUITABLE GROWTH;  FOREST GOVERNANCE;  CORONAVIRUS;  COVID-19;  PANDEMIC IMPACT;  PANDEMIC RESPONSE;  FOOD SECURITY;  TOURISM;  Report;  Rapport;  Informe; 

年份：

2020

出版地：

Washington,USA

语种：

English

摘要：

Bhutan's economy has been severely affected by Coronavirus 2019 (COVID-19) and the subsequent border closure to contain a domestic outbreak of the pandemic. In this context, economic growth is estimated to have decelerated from 3.8 percent in FY2018-19 to 1.5 percent in FY2019-20. Exports and imports have decreased significantly, in line with weak foreign and domestic demand and disruptions to trade. The government outlined a comprehensive national response to COVID-19 to protect vulnerable households and minimize the impact on employment, growth, and financial stability. Health measures are aimed at containing the pandemic and strengthening healthcare system resilience. The recovery of manufacturing and other exporting industries is likely to be gradual, because of the slowdown in India, Bhutan's main export market. Similarly, the construction sector is expected to recover slowly reflecting a limited pipeline of public sector infrastructure projects.