Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 09 July 2010
Keywords: Assessment letters, Banking sector, Budget deficits, Economic growth, Excess liquidity, Liquidity management, Monetary policy, World Bank, Financial crises, Economic stabilization
Bhutan's growth was resilient to the financial crisis and the outlook remains positive. Containing fiscal expansion and enhancing liquidity management are necessary to avoid economic overheating. Strengthening bank...