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Bhutan: Strengthening Economic Management Program

The program adopted a two-pronged approach to negotiate the challenges of weak economic management in Bhutan. First, it aimed to improve fiscal management to help the government allocate scarce resources more effectively and efficiently. Second, it aimed to improve monetary management to ensure that interest rate policy better matched the demand and supply of loanable funds, thereby improving liquidity management. This approach was to be reinforced by strengthening the internal and external audit systems to improve the monitoring of public resources and strengthen administrative and financial efficiency and accountability including at the subnational level of government. The program supported policy and institutional improvements in four core areas: (i) fiscal management, (ii) debt management, (iii) monetary and liquidity management, and (iv) internal and external audit operations. Five separately approved ADB technical assistance grants spread over 2010–2012 supported capacity building in these and other related areas.

This report validates the completion report’s assessment of the project. IED overall assessment: Successful.

Strengthening Royal Monetary Authority’s Regulatory Capacity for Nonbank Financial Institutions: Technical Assistance Completion Report

Technical assistance completion reports describe for technical assistance projects the expected impact, outcome and outputs; conduct of activities; evaluation and achievement of the expected outcomes; an assessment and rating; major lessons; and recommendations and follow-up actions. This document dated September 2015 is provided for the ADB project 42244-012 in Bhutan.

Strengthening Audit Resource Management: Technical Assistance Completion Report

Technical assistance completion reports describe for technical assistance projects the expected impact, outcome and outputs; conduct of activities; evaluation and achievement of the expected outcomes; an assessment and rating; major lessons; and recommendations and follow-up actions. This document dated August 2015 is provided for the ADB project 44246-012 in Bhutan.

Bhutan: Road Network Project

REPORT DETAILS: Bhutan: Road Network Project sector: Transport | country: Bhutan Lessons The project completion report (PCR) identified a few important lessons. One is the need to provide sufficient contingencies for similar projects in the future to avoid cost...

Financial Sector Development Program

Project or program completion reports evaluate design, implementation and performance of a project or program, and provide an overall assessment and recommendations.

This document dated September 2013 is provided for the ADB project 37164-023 in Bhutan.