Catalog

	Table of Contents
p. 80 of 95 BACK | NEXT Message from the Chairman of the Board of Directors Members, Capital Stock and Voting Power The Record Abbreviations 2004 in Review: Board of Directors' Report Special Theme: The Changing Face of the Microfinance Industry: Building Financial Systems for the Poor Part 1: Institutional Effectiveness Part 2: Poverty Reduction Strategic Priorities Thematic Priorities Regional Perspectives East and Central Asia Mekong The Pacific South Asia Afghanistan Bangladesh Bhutan India Maldives Nepal Pakistan Sri Lanka Southeast Asia Part 3: Financial Statements: Management's Discussion and Analysis

Annual Report 2004 : Part 2: Poverty Reduction : South Asia

---

Bhutan

Strategy and Policy Dialogue. ADB's CSP is fully consistent with the objectives of the October 2001 poverty partnership agreement, Bhutan's development philosophy of gross national happiness, and the development priorities outlined in the ninth 5-year plan which include strengthening infrastructure, improving the quality of social services, ensuring good governance, promoting private sector growth, and generating employment. The operational program focuses on road infrastructure, rural electrification, urban infrastructure, and promotion of the private sector.

In support of the government's development objectives, in 2004 ADB also provided support for capacity development in public resource management in the Department of Planning, the Statistics Bureau, Bhutan Electricity Authority, the Department of Aid and Debt Management, and the Department of Budget and Accounts of the Ministry of Finance. Dialogue concerning ADB's safeguard policies was also undertaken. In June 2004, the Bhutan Power Corporation introduced a two-part tariff for its transmission and primary distribution customers. Technical assistance for the establishing the Druk Hydro Power Corporation neared completion; when dialogues with stakeholders end, the government will announce its decision.

Loans and Technical Assistance. No loans were approved, but five technical assistance grants totaling $1.7 million were approved. These projects include preparatory assistance for a loan on urban infrastructure development and advisory assistance on SME development and a project to strengthen the national statistical system, the payment and settlement system, and the managerial capacity of the Department of Aid and Debt Management.

Back Bangladesh	Next India