Introduction of First Five-Year Plan in Bhutan

In 1961, Bhutan's government implemented the First Five-Year Plan aimed at modernizing and developing the country's economy and infrastructure. This marked a significant shift towards planned economic development in Bhutan, focusing on sectors like agriculture, energy, transport, and education. Initiated by the King of Bhutan, the plan prioritized reducing poverty, improving access to healthcare and education, and boosting overall living standards for the population. It included projects to build roads, schools, hospitals, and hydropower plants to meet the country's growing needs. The introduction of the First Five-Year Plan brought about tangible improvements in Bhutan's socio-economic landscape. It laid the foundation for future development plans and set the stage for the country's transition towards a more modern and self-reliant economy. Overall, the implementation of the First Five-Year Plan showcased Bhutan's commitment to progress and prosperity through strategic planning and development initiatives. It was a pivotal moment in the country's history that paved the way for further advancements in various sectors. #Bhutan #EconomicDevelopment #Infrastructure #Modernization #SocioEconomicProgress #FirstFiveYearPlan