linguistic:paraphrasing, information:highlighting, structural:summarization
Political reform and modernization

Bhutan's political system has recently changed from an absolute monarchy to a constitutional monarchy. King Jigme Singye Wangchuck transferred most of his administrative powers to the Council of Cabinet Ministers and allowed for impeachment of the King by a two-thirds majority of the National Assembly.

In 1999, the government lifted a ban on television and internet, making Bhutan one of the last countries to introduce television. In his speech, the King said that television was a critical step to the modernisation of Bhutan as well as a major contributor to the country's gross national happiness, but warned that the "misuse" of this new technology could erode traditional Bhutanese values.

A new constitution was presented in early 2005. In December 2005, Wangchuck announced that he would abdicate the throne in his son's favour in 2008. On 9 December 2006, he announced that he would abdicate immediately. This was followed by the first national parliamentary elections in December 2007 and March 2008.

On 6 November 2008, 28-year-old Jigme Khesar Namgyel Wangchuck was crowned king.

In July 2021 during the COVID-19 pandemic, Bhutan became the first world-leading nation in its role of vaccinating 470,000 out of 770,000 people with a two-dose shot of AstraZeneca vaccines.

On 13 December 2023, Bhutan was officially delisted as a least developed country.