Bridge To Bhutan

Costa Rica is consulting with Bhutan for how to remain among the happiest places on earth.

A small country of 680,000 inhabitants, the Kingdom of Bhutan is located in the Himalaya mountains on the eastern border of India, and is the only country in the world to measure the happiness of their country like most countries measure their gross domestic product.

Costa Rica, which topped a list drawn up by the United Kingdom’s New Economics Foundation for being the country with the highest life satisfaction, is looking to Bhutan for tips on how to remain in first place.

Bhutan began measuring the happiness of its people in 2008. On a census distributed nationwide, the last question on the form was, “Are you happy?” a question which 97 percent answered affirmatively. (more…)

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Why should you go to Bhutan?

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Though severely indebted, Bhutan is at a moderate risk of distress

13 December, 2009 – Bhutan is paying Nu 3.8 billion annually to service an outstanding debt of Nu 35b as of October this year, which is five billion less than the cost of the 1020 MW Tala project.

The debt, as a percentage of GDP, is 53 percent with hydropower debt at Nu 21.5b and non-hydropower debt at Nu 13.5b.

The debt figures do not take into account the Rs 5b borrowed this year from India to meet domestic rupee requirements, said Tshewang Norbu of the finance ministry. who made a presentation of the debt situation at a national workshop on strengthening responses to the global financial crisis. (more…)

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13 December, 2009 – The government of Denmark and UNDP, Thimphu, are supporting the Bhutanese government to maximise people’s participation in developing and managing their own social, economic and environmental well being, and to minimise the negative impacts of a changing environment.

The Danish government committed DKK 70 million (approximately Nu 600m) on November 20 and the UNDP has committed USD 860,000 (Nu 38.7m approx). (more…)

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By Chris Guillebeau, Special to The Oregoni…

December 11, 2009, 1:57PM

Most visits to Bhutan either begin or end with a half-day trek up to the Taktshang Monastery, also known as the Tigers Nest. Photo by Phuntsho Norbu

You know India, and you’ve heard of Tibet — but you may not be familiar with a smaller country in South Asia that attracts far fewer visitors. To go back in time, you’ll need to get off the typical Asian backpacker route and head to the remote kingdom of Bhutan.

Over five days in late August, I trekked mountains, paid respects at Buddhist temples and saw a country many people back home had never heard of. It’s not the easiest place to get to, and it’s not known as a budget destination, but I found it to be worth the hike and the expense. (more…)

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• Costa Rica looks to Bhutan for happiness
• Revised Sales Tax And Custom Duty:Imported cars to cost more
• The Buddhist Outlook & Bhutan
• NGO Spotlight: VAST Bhutan (Voluntary Artists’ Studio Thimphu)
• Higher taxes on junk food! eat junk, pay more