News List

Compiled features on recent developments in regional cooperation and integration in the SASEC region.

Year:
January 2015

Hydropower to Propel GDP Growth in Bhutan

The World Bank report “Global Economic Prospects: Having Fiscal Space and Using It,” has set Bhutan's economic growth at 7.9% for the current fiscal year—1.1% higher than the Government's target of 6.8%. Propelling growth, according to the report, is completion of Dagachhu hydropower project. It also estimated growth in South Asia rebounded to an estimated 5.5% in 2014.

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Tags: Bhutan, GDP, Energy, Hydropower