Regions and Countries

	Table of Contents
p. 3 of 5 BACK | NEXT I. Consistency of the Business Plan with the Current Country Strategy and Program II. Indicative Lending and Nonlending Program III. Summary of Changes to Lending and Nonlending Program IV. Indicative Internal Resource Requirements V. Country Partnership Strategy

Country Operations Business Plan 2007-2009: Bhutan

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III. Summary of Changes to Lending and Nonlending Program

6. Lending Program. There are no changes to the lending program, and the program will continue to support the priority sectors identified in the CSP.

7. Nonlending Program. There are no changes in the resource envelope for the nonlending program. As requested by the Government, the timing of some nonlending operations was adjusted by the 2006 CPM to meet the Government’s evolving priority needs. The Government requested follow-on technical assistance for the Department of Aid and Debt Management’s external debt management system, developed earlier under ADB assistance. This has now been programmed for 2006. The Government also requested that the proposed Public Resource Management II TA project be moved forward from 2008 to 2007. Given the time frame⁴ for the internal approval and submission of the draft Labor Act to the National Assembly, it was greed that this TA project would be deferred to 2007, with a slightly increased TA amount. The Planning Commission informed the CPM that it had developed a national monitoring and evaluation system, and, following Government approval in June 2006, the system would be pilot-tested in selected districts. Accordingly, the 2006 Poverty Assessment and Monitoring TA project has been deferred. As requested by the Planning Commission, a TA project to undertake a second Bhutan Living Standards Survey has been included for 2008, followed by a second Poverty Assessment TA project in 2009. The scheduling of these two projects was also endorsed by the autonomous National Statistics Bureau. The Government reiterated its request that ADB’s annual resource envelope, currently $1.35 million per annum, be enhanced to support the nonlending program.

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