[{"bbox": [81, 145, 1169, 1644], "category": "Table", "text": "<table><tr><td></td><td>construction, manufacturing and non-hydropower exporting industries.<br/>iv) Fiscal deficit is projected to widen, mainly due to a shortfall in domestic revenues.<br/>v) Public and publicly guaranteed (PPG) debt increased.<br/>vi) Unemployment rate increased significantly.<br/>vii) Poverty rate increased.</td><td></td><td></td><td></td></tr><tr><td>4-to legality and regularity aspects;</td><td>Bhutan is in the process of LDC graduation by December 2023 and this may lead to limited access to concessional loans and grants to the government.</td><td>M</td><td>M</td><td>The ongoing development partners including Government of India, World Bank, Asian Development Bank, Japan International Cooperation Agency and resident UN agencies may continue their engagement and financial support beyond Least Developed Countries (LDC) graduation. The current Action will promote donor coordination within the LG and education sector to ensure complementarities and economies of scale as well as sustainability of the programmes.</td></tr><tr><td>1-to the external environment;<br/>2-to planning, processes and systems;<br/>3-to people and the organisation;</td><td>i) Domestic revenues as a share of the economy is low.<br/>ii) Tax-to-GDP ratio reduced over the years.</td><td>M</td><td>H</td><td>Weakness in the domestic revenue base is being addressed by the introduction of GST.</td></tr><tr><td>2-to planning, processes</td><td>Weak institutional capacity to promote inclusion and gender</td><td>M</td><td>M</td><td>The proposed Action foresees technical support to accompany effective mainstreaming of gender</td></tr></table>"}, {"bbox": [1026, 1680, 1142, 1704], "category": "Page-footer", "text": "Page 21 of 39"}]