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    Asian Development Bank and Bangladesh: Fact Sheet

    Asian Development Bank | April 2011
    Abstract
    Updated yearly, this ADB Fact Sheet provides social and economic indicators on Bhutan as well as concise information on ADB's operations in the country and contact information.Bhutan joined the Asian Development Bank (ADB) in 1982. It has since received $256.06 million in loans and $46.9 million in technical assistance. Today, ADB is Bhutan’s largest multilateral development partner. Bhutan’s gross domestic product (GDP) growth has averaged more than 7% per year for the past 7 years, raising per capita GDP to about $2,000. Bhutan is on track to achieve all of the Millennium Development Goals. It has made steady progress in the fight against poverty, with the number of people living below the poverty line down from 36.3% in 2000 to 23.2% in 2007. The economic base remains narrow, with hydropower accounting for almost 12% of GDP and 45% of national revenue. The Government of Bhutan aims to diversify the economic base by enabling greater private sector participation in development—a central pillar of its growth, employment generation, and poverty reduction strategy. Bhutan has embarked on a far-reaching development strategy aimed at boosting what it calls Gross National Happiness—a holistic concept combining material well-being with an individual’s spiritual, emotional, and cultural development. The new economic development policy (2010) aims to generate employment, diversify Bhutan’s economic base, promote entrepreneurship and economic growth in line with the continued emphasis on Gross National Happiness.
    Citation
    Asian Development Bank. 2011. Asian Development Bank and Bangladesh: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5643.
    Keywords
    Urban Development Finance
    Trade Finance
    Small Business Finance
    Rural Finance
    Roundtable on International Trade and Finance
    Regional Development Finance
    Public Service Finance
    Public Finance
    Project Finance
    Private Finance
    Nonbank Financing
    Non-Bank Financial Institutions
    Municipal Finance
    Local Government Finance
    Local Currency Financing
    Limited Resource Financing
    International Financial Institutions
    Infrastructure Financing
    Industrial Finance
    Government Financial Institutions
    Government Finance
    Financing of Infrastructure
    Financial Sector Development
    Financial Regulation
    Public Sector Infrastructure
    Public Sector Management
    Public Sector Projects
    Taxation
    Public Accounting
    National Budget
    Municipal Bonds
    Local Government
    Local Taxes
    International Monetary Relations
    International Financial Market
    International Banking
    Central Banks
    Business Financing
    Capital Resources
    Budgetary Policy
    Capital Needs
    Corporate Divestiture
    Capital Instruments
    Pension Funds
    Insurance Companies
    Banks
    Portfolio Management
    Fiscal Administration
    Economics of Education
    Development Banks
    Public enterprises
    Public finance
    Infrastructure projects
    Development projects
    Grants
    Loans
    Use tax
    Taxing power
    State of taxation
    Tax-sales
    Tax revenue estimating
    Tax planning
    Spendings tax
    Special assessments
    Tax administration and procedure
    Sales tax
    Real property and taxation
    Progressive taxation
    Effect of taxation on land use
    Effect of taxation on labor supply
    Intergovernmental tax relations
    Inheritance and transfer tax
    Energy tax
    Investment of public funds
    Intergovernmental fiscal relations
    Social infrastructure
    Public works
    Government lending
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    Citable URI
    http://hdl.handle.net/11540/5643
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    Author
    Asian Development Bank
    Theme
    Finance
    Public Sector
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise