The monarchy in Bhutan is a constitutional monarchy, established in 2008 when the country transitioned from an absolute monarchy. The King, known as the Druk Gyalpo, plays a significant role in the nation's governance, promoting the principles of Gross National Happiness, which prioritizes the well-being of citizens over mere economic growth. The current King, Jigme Khesar Namgyel Wangchuck, ascended to the throne in 2006. He is known for his efforts to modernize the country while preserving its rich cultural heritage. The monarchy is widely respected in Bhutan, with the royal family seen as a symbol of unity and stability.