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Prime Minister presents Final Report on the State of the Nation to joint sitting of Parliament

Posted on :28 June 2018

The Prime Minister presented the Final Report on the State of the Nation to the joint sitting of Second Parliament today.

 

Presenting the Report, the Prime Minister highlighted the achievements of the 11th Five Year Plan made in (1) Strengthening Security and Sovereignty, (2) Continuation of Peace Unity and Harmony, (3) 11th FYP Budget, (4) Achievements in Rural and Urban Development, (5) Economy, (6) Employment, (7) Education, (8) Health, (9) Transport, (10) Culture, (11) Tourism, (12) Good Governance, (13) Environment, and (14) The draft 12th FYP.

 

The Prime Minister reported that under the dynamic leadership and tireless dedication and commitment of His Majesty the Druk Gyalpo to the nation and people, the country had further strengthened its security and sovereignty leading to continued peace, unity and harmony. The 11th Plan witnessed the largest budget outlay with Nu.225 billion, which is 52% increase over the 10th Plan budget outlay. About 5400 kms of roads have been constructed and 176 gewog center roads have been blacktopped in the 11th FYP increasing the total Farm Roads to 11,200 km in the country. 99.9% households have been connected with electricity. GDP has grown from Nu.100 Billion in 2013 to Nu.180 Billion this year and inflation is reported to be under 5%. Overall unemployment was reported to be reduced from 2.9% in 2013 to 2.4% this year and 74,000 jobs were created in the same period and there are 500 vacancies still existing. National literacy rate has increased to 71.4% in the current plan and youth literacy rate to 93%. Health Services have been improved and life expectancy increased from 66.3 years in 2005 to 70.2 years now. Preservation and promotion of culture continues to remain vibrant under the leadership of His Majesty the King and the prayers of the venerable His Holiness the Je Khenpo and the monastic body. Forest cover stands at 71% which is 11% more than the constitutional requirement.

 

In conclusion, the Prime Minister informed that the formulation of the 12FYP with the objective of “Just, Harmonious and Sustainable Society through enhanced Decentralization” has been completed with a total projected budget outlay of Nu.336 billion, an increase of Nu.123 billion from 11th FYP. He also informed that the United Nations has found Bhutan eligible to graduate from Least Developed Countries category by 2023. The Prime Minister thanked the people for giving him the opportunity to serve as the Prime Minister. The Prime Minister expressed his gratitude and respect to His Majesty the Druk Gyalpo for His wise counsel and extraordinary leadership. The Prime Minister also thanked His Holiness the Je Khenpo for presiding over numerous prayers for the well-being of the country and the people.

 

The 11th Session of the Second Parliament concludes tomorrow.

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