Current:Home > FinanceVoters begin casting ballots in Bhutan, where an economic crisis looms large -Profound Wealth Insights
Voters begin casting ballots in Bhutan, where an economic crisis looms large
View
Date:2025-04-15 10:36:47
THIMPHU, Bhutan (AP) — Voters in Bhutan, a landlocked country in the eastern Himalayan mountain range with a population of around 800,000 people, began casting their ballots Tuesday to elect a new Parliament, hoping the politicians make good on their promises to fix the nation’s economic crisis.
Some voters are expected to trek in freezing temperatures to reach the polls to elect a set of 47 parliamentarians who will form the next government. Results are likely to be announced later in the night.
The national elections are the fourth in Bhutan after it saw a transformation from a traditional monarchy to a parliamentary form of government in 2008. Ballots include only the People’s Democratic Party of former Prime Minister Tshering Tobgay, and the Bhutan Tendrel Party headed by former civil servant Pema Chewang. A primary round of voting in November eliminated three other parties.
Bhutan lies sandwiched between China and India, with both neighbors vying for influence in the country.
Bhutan’s severe economic crisis played a major role in campaigning. According to the World Bank, Bhutan grew at a rate of 1.7% over the past five years. With unemployment a chronic problem, an exodus of young people in search of higher education and jobs abroad is undermining the country’s economic potential.
In a bid to overcome the economic challenges, Bhutan’s King Jigme Khesar Namgyal Wangchuck announced in December plans for a megacity in Gelephu, a town on the border with the northeastern Indian state of Assam, that will have zero-carbon industries with foreign investment.
King Wangchuk said the city-building would be mindful of Bhutanese culture and tradition and will blend with the Himalayan ecosystem. He met with top Indian business leaders who are expected to invest in the project. Construction will take place in a specially administered zone in Bhutan that has investment-friendly laws.
___
Hussain reported from Guwahati, India.
veryGood! (89193)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Sen. Tim Scott of South Carolina says he is dropping out of the 2024 GOP presidential race
- There’s another wildfire burning in Hawaii. This one is destroying irreplaceable rainforest on Oahu
- Hospitals have special protection under the rules of war. Why are they in the crosshairs in Gaza?
- Tom Holland's New Venture Revealed
- King Charles III leads a national memorial service honoring those who died serving the UK
- The APEC summit is happening this week in San Francisco. What is APEC, anyway?
- Al Roker says his family protected him from knowing how 'severe' his health issues were
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Horoscopes Today, November 12, 2023
Ranking
- Big Lots store closures could exceed 300 nationwide, discount chain reveals in filing
- Police arrest Los Angeles man in connection with dismembered body, missing wife and in-laws
- Why is Thanksgiving so expensive? Here's what the data says
- Karel Schwarzenberg, former Czech foreign minister and nobleman, dies at 85
- Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts
- Las Vegas hotel and casino workers reach tentative deals to avoid strike
- Bradley suspends women's basketball coach for rest of nonconference season
- 32 things we learned in NFL Week 10: C.J. Stroud running away in top rookie race
Recommendation
How effective is the Hyundai, Kia anti-theft software? New study offers insights.
Today I am going blind: Many Americans say health insurance doesn't keep them healthy
Ohio GOP lawmakers vow to target state judiciary after passage of Issue 1 abortion measure
A tiny deer and rising seas: How far should people go to save an endangered species?
NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
Progressive Minnesota US Rep. Ilhan Omar draws prominent primary challenger
She mapped out weddings in 3 states, crashed them, stole thousands in cash and is free again
Millions of Indians set a new world record celebrating Diwali as worries about air pollution rise