Bhutan and ADB
In the Spotlight
Bhutan's Economy to Moderately Grow in 2019 and 2020 on Strong Hydropower and Tourism Outlooks — ADB
Economic growth in Bhutan is forecast to strengthen moderately, buoyed by the industry and services sectors, according to a new ADB report.
ADB is partnering in a new professional network launched to promote more female practitioners in South Asia’s energy and power sector. The Women in Power Sector Professional Network in South Asia (WePOWER) aims to support the participation of women in energy projects and institutions, as well as promote more women in science, technology, engineering, and mathematics education.
This biodiversity baseline assessment was conducted in 2014−2015 at the Phipsoo Wildlife Sanctuary in southern Bhutan. Inventory and sampling of tree, avian, mammal, and fish species was accomplished in three areas. Grassland conditions and illegal tree harvesting were quantified. Download report
In Bhutan, residents of Thimphu voluntarily contributed parcels of land to allow for the planned, sustainable expansion of the city. This innovative approach has now become a model for urban expansion and growth across the country.
The Kingdom of Bhutan is a landlocked country that banks on the generation of hydropower to boost its economy. Hydropower contributes about a fifth of the gross domestic product.
Bhutan has achieved exceptional economic growth over the past 3 decades. Significant achievements in social development have also been made in recent years, with the number of poor approximately halved between 2007 and 2012. However, the challenge remains for Bhutan to expand its economic base and make its growth more inclusive, especially for unemployed youth and women.
Under the country partnership strategy, 2014–2018, ADB assists the government in achieving self-reliance and inclusive and green socioeconomic development, as well as enhance cooperation with its neighbors.
Bhutan is a member of the South Asia Subregional Economic Cooperation (SASEC) program.
Projects in Bhutan
- Developing Anti-Money Laundering and Combating the Financing of Terrorism Approaches, Methodologies, and Controls (Subproject B)
- Sustaining Climate and Disaster Risk Resilient and Low Carbon Development in South Asia
- Asian Development Outlook 2019–2021
- Promoting Investments and Economic Growth in Central and West Asia, East Asia, and South Asia Subregions
- Health Sector Development Program