Financial Market Development Program (Subprogram 1): Report and Recommendation of the President

Reports and Recommendations of the President | October 2019

The program aims to strengthen the finance sector’s resource mobilization to improve its allocative efficiency and to enhance stability and inclusiveness at the request of the Government of Bhutan. The program is included in ADB’s country operations business plan, 2019–2021 for commitment in 2019.

The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.

This document dated October 2019 is provided for the ADB project 51252-003 in Bhutan.