| Ending
its self-imposed isolation in the 1960s, Bhutan’s fundamental development
activities date back only about 20 years. Nonetheless, it has embarked
on a far-reaching development strategy based on the goal of boosting gross
national happiness—a holistic concept combining material well-being
with an individual’s spiritual, emotional, and cultural wellbeing.
ADB lending operations in Bhutan started in 1983. Bank assistance in
key sectors has contributed to steady achievements, particularly in transport,
power, and urban infrastructure, where it is the lead development partner.
The May 2005 Bhutan country assistance program evaluation notes that success
is greatest and sustained the longest when ADB maintains long-term sector
involvement combined with capacity-building programs and investment support.
See
Bhutan Country Partnership Strategy
See
other documents related to MfDR in Bhutan
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