BHUTAN

BHUTAN

• Bhutan officially the Kingdom of Bhutan, is a landlockedcountry in South Asia located at the eastern end of the Himalayas. Itis bordered to the north by China and to the south, east and westby India.

• To the west, it is separated from Nepal by the Indianstate of Sikkim, while further south it is separatedfrom Bangladesh by the Indian states of Assam and West Bengal.

• Bhutan's capital and largest city is Thimphu Bhutan officially theKingdom of Bhutan, is a landlocked country in South Asia locatedat the eastern end of the Himalayas. It is bordered to the northby China and to the south, east and west by India.

BHUTAN

• To the west, it is separatedfrom Nepal by the Indianstate of Sikkim, whilefurther south it is separatedfrom Bangladesh by theIndian statesof Assam and West Bengal.Bhutan's capital and largestcity is Thimphu

Capitaland largest city

Thimphu27°28.0′N 89°38.5′E

Official languages Dzongkha

ReligionVajrayana Buddhism

Demonym Bhutanese

Government Unitary parliamentaryconstitutional monarchy

- King Jigme Khesar Namgyel Wangchuck

- Prime Minister Tshering Tobgay

Background

• Bhutan is a small Himalayan constitutional monarchy

that made the transition from absolute monarchy to

parliamentary democracy in March 2008.

• In July 2013, it completed its second democratic

handover of power after the People’s Democratic

Party won the majority of seats in the National

Assembly.

Background

• Bhutan has one of the world’s smallest and least-developed economies. Until a few decades ago, itwas largely agrarian, with few roads, littleelectricity, and no modern hospitals.

• Recent interregional economic cooperation,particularly involving trade with Bangladesh andIndia, is helping to encourage economic growth.Connections to global markets are limited anddominated significantly by India.

Education System In BhutanEducation School/Level

Grade

FromGrade To

Age

FromAge To Years Notes

Primary Primary School 1 6 6 12 6All Bhutan Primary

Certificate Examination

MiddleLower Secondary

School7 9 12 15 3

Bhutan Certificate of

Secondary Education

SecondaryUpper Secondary

School9 12 15 18 3

Bhutan Higher

Secondary Education

Certificate

Tertiary Diploma 2

Tertiary Bachelors degree 3

TertiaryBachelors (Honours)

degree program4

TertiaryPost-Graduate

Diploma2

1.5 - 2 years following a

Bachelors degree

Tertiary Master of Education 44 years of part-time

study

Education System In Bhutan

• Primary EducationEducation in Bhutan in the mountainous region betweenChina and India is a voluntary affair, because many of thepeople live in far-flung places where they follow traditionallives. In larger settlements where primary schools exist,children are taught for seven years, mainly in English.

• Secondary EducationEven fewer children complete a further four years ofsecondary education, which follows a general academiccurriculum without opportunities for specialization. Morewealthy parents have the choice of sending children to privateschools instead, often in foreign countries.

Education System In Bhutan

• Tertiary EducationThere is a single higher-level junior college, and twoteacher training colleges. The sole tertiary institution isthe University of Bhutan, founded by royal decree in 2003and illustrated here.

Its faculties offer diplomas and degree courses in science& technology, business studies, traditional medicine,language & culture, education, health sciences, naturalresources, and management. Students whose needs arenot catered for will study elsewhere

Universities in Bhutan

• This list includes universities, colleges,vocational schools, and other highereducation institutions.

Web Rank University City

1 Royal University of Bhutan Thimphu

2 Royal Institute of Management Simtokha

3 Sherubtse College Kanglung

4 Royal Thimphu College Ngabiphu

ECONOMY

• Nepal’s gross domestic product (GDP) grew by an estimated5.2% in Fiscal Year 2014 (ended 15 July 2014), up from 3.5%a year earlier and exceeding the forecast.

• Timely monsoon rains boosted agriculture by 4.7%, androbust growth in remittance inflows fueled growth inservices at 6.1%.

• Inflation, which had been expected to stay about the same,moderated from 9.9% last year as food and other pricepressures abated on improved domestic food supplies,some easing of inflation in India, and marginalstrengthening of the Nepalese rupee

ECONOMY

Selectedeconomicindicators (%) -Nepal

2014 2015

ADO 2014 Update ADO 2014 Update

GDP Growth 4.5 5.2 4.7 4.6

Inflation 10.0 9.1 9.5 9.5

Current AccountBalance (share ofGDP)

3.6 4.7 3.7 4.5

ECONOMY

• Despite the timely presentation of the complete FY2014budget, realized public expenditure, especially capitalspending, was lower than planned, indicating ministries’continued low absorption capacity.

• High revenue growth and low expenditure combined toshrink the budget deficit to the equivalent of only 0.1% ofGDP.

• The external position strengthened significantly on the highremittance inflows and despite the widening trade deficit,boosting the current account surplus beyond the forecastto 4.7% of GDP, up from 3.4% in the previous year.

ECONOMY

• In FY2015, GDP growth is now expected to slow to4.6% as the disappointing monsoon will likely hurtagricultural production.

• A slew of investment-friendly reforms in the FY2015budget is likely to boost investor confidence andindustrial output.

• The growth in remittance inflows is expected to stayrobust, supporting strong expansion in services andkeeping growth just a touch below the 4.7% projectedin the Asian Development Outlook (ADO) 2014 in April.

Bhutan employment Rate

• Unemployment Rate in Bhutan increased to 2.90 percent in

2013/2014 fiscal year from 2.10 percent a year earlier.

• Unemployment Rate in Bhutan averaged 2.56 percent from

1995 until 2014, reaching an all-time high of 4 percent in 2010

and a record low of 1.15 percent in 1997.

Bhutan employment Rate

• Unemployment Rate in Bhutan is reported by the

Royal Monetary Authority of Bhutan.

• The government would have to create additional

employment opportunities for about 82,000 job

seekers to maintain full employment at 97.5 percent

of the labour force.

• Of the 82,000 job seekers during the plan period,

about 69 percent are female, which officials pointed

out as a major concern.

Bhutan Unemployment Rate

Bhutan Unemployment Rate

Current Statistics

Current Statistics

Current Statistics