Current:Home > MarketsVoters begin casting ballots in Bhutan, where an economic crisis looms large -Wealthify
Voters begin casting ballots in Bhutan, where an economic crisis looms large
View
Date:2025-04-12 09:56:50
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! (51429)
Related
- Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
- Ex-gang leader’s account of Tupac Shakur killing is fiction, defense lawyer in Vegas says
- Cute Stackable Rings & Ring Sets You Need in Your Jewelry Collection ASAP
- Houston Texans make NFL history with extensive uniform additions
- Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private
- How Eminem Is Celebrating 16 Years of Sobriety
- Pro-Palestinian protests leave American college campuses on edge
- Richmond Mayor Stoney drops Virginia governor bid, he will run for lieutenant governor instead
- Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
- Florida City man killed girlfriend, then drove to police station with her body, reports say
Ranking
- Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
- George Santos ends comeback bid for Congress after raising no money
- NFL draft boom-or-bust prospects: Drake Maye among 11 players offering high risk, reward
- Ex-gang leader’s account of Tupac Shakur killing is fiction, defense lawyer in Vegas says
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Keke Palmer, Justin Bieber, more pay tribute to late rapper Chris King: 'Rest heavenly brother'
- Mother's Day Gift Guide: No-Fail Gifts That Will Make Mom Smile
- NFL draft has been on tour for a decade and the next stop is Detroit, giving it a shot in spotlight
Recommendation
Tom Holland's New Venture Revealed
Cyberattacks are on the rise, and that includes small businesses. Here’s what to know
Jason Kelce's Wife Kylie Kelce Is the True MVP for Getting Him This Retirement Gift
Former MIT researcher who killed Yale graduate student sentenced to 35 years in prison
Taylor Swift Cancels Austria Concerts After Confirmation of Planned Terrorist Attack
Pro-Palestinian protests leave American college campuses on edge
Georgia prison officials in ‘flagrant’ violation of solitary confinement reforms, judge says
You Might've Missed Henry Cavill's Pregnant Girlfriend Natalie Viscuso's My Super Sweet 16 Cameo