Current:Home > StocksVoters begin casting ballots in Bhutan, where an economic crisis looms large -RiseUp Capital Academy
Voters begin casting ballots in Bhutan, where an economic crisis looms large
View
Date:2025-04-28 14:32:14
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! (26)
Related
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Ford slashes price of its F-150 Lightning electric pickup truck
- You may have heard of the 'union boom.' The numbers tell a different story
- To be a happier worker, exercise your social muscle
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- From Denial to Ambiguity: A New Study Charts the Trajectory of ExxonMobil’s Climate Messaging
- Family of Titanic Sub Passenger Hamish Harding Honors Remarkable Legacy After His Death
- In a New Policy Statement, the Nation’s Physicists Toughen Their Stance on Climate Change, Stressing Its Reality and Urgency
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Cartoonists say a rebuke of 'Dilbert' creator Scott Adams is long overdue
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Latto Shares Why She Hired a Trainer to Maintain Her BBL and Liposuction Surgeries
- Ford slashes price of its F-150 Lightning electric pickup truck
- The 26 Words That Made The Internet What It Is (Encore)
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- The Enigmatic ‘Climate Chancellor’ Pulls Off a Grand Finale
- Transcript: Kara Swisher, Pivot co-host, on Face the Nation, July 16, 2023
- You'd Never Guess This Chic & Affordable Summer Dress Was From Amazon— Here's Why 2,800+ Shoppers Love It
Recommendation
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Warming Trends: Elon Musk Haggles Over Hunger, How Warming Makes Birds Smaller and Wings Longer, and Better Glitter From Nanoparticles
Theme Park Packing Guide: 24 Essential Items You’ll Want to Bring to the Parks This Summer
Inside Clean Energy: Not a Great Election Year for Renewable Energy, but There’s Reason for Optimism
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Despite high inflation, Americans are spending like crazy — and it's kind of puzzling
Death Valley, hottest place on Earth, hits near-record high as blistering heat wave continues
Is price gouging a problem?
Like
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Warming Trends: The BBC Introduces ‘Life at 50 Degrees,’ Helping African Farmers Resist Drought and Driftwood Provides Clues to Climate’s Past
- California Proposal Embraces All-Electric Buildings But Stops Short of Gas Ban