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BHUTAN PM: HAPPINESS WILL COME FROM ECONOMIC GROWTH

Bhutan's new prime minister says the Himalayan kingdom needs to boost its economy through tourism and other measures while continuing to focus on people's happiness.

Tshering Tobgay took office after parliamentary elections in January. It's the first change of government in Bhutan in five years.

(Tshering Tobgay / Bhutanese Prime Minister)

“The objective of economic growth and prosperity must be for the welfare of people. And therefore, happiness is important. But you cannot have happiness in isolation.”

Bhutan is known for its pursuit of “Gross National Happiness.” It's a concept that prioritizes people's sense of well-being above all else.

But Tobgay said Bhutan's economy is suffering because the all-important tourism industry has not rebounded since the pandemic. He also called on investment from abroad.