Twelfth Five-Year Plan of Bhutan

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The Twelfth Five-Year Plan (2018-2023) focused on "Just, Harmonious and Sustainable Society through Enhanced Decentralization." It prioritized economic diversification, youth employment, and strengthening local governance.

Overview

The Twelfth Five-Year Plan (2018–2023) had the objective of creating a "just, harmonious, and sustainable society through enhanced decentralisation." It identified 17 National Key Result Areas (NKRAs) and was Bhutan's last five-year plan as a Least Developed Country before LDC graduation.[1]

Priorities

  • Carbon neutrality, climate, and disaster resilience[2]
  • Healthy ecosystems and environmental conservation
  • Gender equality and corruption reduction[2]
  • Adequate renewable energy supply
  • Water, food, and nutrition security
  • Improved public service delivery efficiency[1]

Key Initiatives

Three new hydroelectricity projects were planned to expand installed capacity from approximately 1,500 MW to 4,500 MW, increasing firm power from 300 MW to 900 MW. The plan reaffirmed Bhutan's commitment to remaining carbon neutral and was guided by the philosophy of Gross National Happiness.[1]

References

  1. "Twelfth Five-Year Plan, 2018-2023." ADB.
  2. "12th FYP Volume I: Main Document." FAO / RGoB.
  3. "Economy and Development." RBE New Delhi.

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