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UN DESA | DPAD | Development Policy Analysis Division

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Macroeconomic Advisory Capacity (MAC)

UN-DESA • Government of Bhutan

Economic Forum
Thimphu, Bhutan
29 May 2012


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In 2010-11, Bhutan suffered a severe crunch of Indian Rupee (INR) reserves resulting in unprecedented macroeconomic vulnerabilities that the country continues to grapple with. Against this background and as part of the ongoing collaboration with the Government of Bhutan, UNDESA organized a high-level Economic Forum in Thimphu on 29 May 2012 to examine the underlying causes of the shortfall of INR reserves, asses the macroeconomic ramifications, and explore policy options to address the problem.

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