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Bhutan Development Update (英语)

Growth in Bhutan is estimated to have remained subdued in 2018-19 as hydropower production declined further. Inflation decelerated to its lowest level in 2018-19 since 2003, reflecting a rapid decline in food prices. Growth in bank lending to the private sector remained strong in 2018-19 (16.7 percent, YoY) but risks to the financial sector are on the increase. The current account deficit (CAD) widened in 2018-19 on the back of lower electricity...
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