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Annual Report 2003 :
Moving the Poverty Reduction Agenda Forward: Priorities and Outcomes :
South Asia
Bhutan
Strategy and Policy Dialogue.
The strategic thrust of ADB operations was fully consistent with
the Government’s Ninth Five-Year Plan (2002–2007), which emphasizes
strengthening infrastructure, improving governance, generating employment,
and promoting private sector development. As detailed in the CSPU,
ADB country operations are aimed at assisting the Government in
meeting its priorities by developing road infrastructure and rural
electrification and by promoting the private sector. To stimulate
private sector investment and facilitate employment generation,
a new program for SME development was included in the CSPU.

ADB operations supported rural electrification network expansion.
Support was also provided for capacity building of the Bhutan Energy
Authority, establishing the Druk Hydropower Corporation, strengthening
environmental sector capacity, and preparing road network expansion.
Loans and Technical Assistance.
ADB approved one loan for $9.4 million for expanding rural electrification
and four technical assistance projects totaling $1.6 million.