Misleading numbers
The other day Kuensel reported that: Bhutan’s gross domestic product (GDP) growth slumped to one of its lowest at 5 percent in 2008 despite the Druk Phuensum Tshogpa’s target of achieving a 9 percent growth rate annually. To this Dr Saamdu Chetri, the head of good governance section in the cabinet secretariat and DPT party member, was quoted as saying: “With inflation going up to 9.2 percent and a global recession, a growth rate of five percent is still an achievement.” There’s no doubt that the recent global recession would have constrained economic growth. So there could be some…