Country Partnership Framework - The Kingdom of Bhutan - For the Period FY2021–24

Jul 19, 2026

Country Partnership Framework for the Kingdom of Bhutan covering FY2021–24 sets out how the World Bank Group and partners align support with the government’s program and medium-term strategy. The framework provides an overview of Bhutan’s social and political context, recent economic developments, poverty profile, and key development challenges. It also summarizes the World Bank Group partnership approach, drawing on lessons from prior Completion and Learning Review and outlining strategic objectives and focus areas.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages72

Reading Time3 h 1 min

Executive Summary

Introduction

Country Context and Development Agenda

Social and Political Context

Recent economic developments and macroeconomic outlook

Poverty Profile

Main Development Challenges

World Bank Group Partnership Framework

Public Disclosure Authorized Public Disclosure Authorized Document of The World Bank Group FOR OFFICIAL USE ONLY Report No. 154927-BT INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION INTERNATIONAL FINANCE CORPORATION MULTILATERAL INVESTMENT GUARANTEE AGENCY COUNTRY PARTNERSHIP FRAMEWORK FOR THE KINGDOM OF BHUTAN FOR THE PERIOD FY2021–24 Bangladesh and Bhutan Country Management Unit South Asia Region The International Finance Corporation Asia & Pacific Region The Multilateral Investment Guarantee Agency The date of the last Performance and Learning Review was May 17, 2017. This document is being made publicly available prior to Board consideration. This does not imply a presumed outcome. This document may be updated following Board consideration and the updated document will be made publicly available in accordance with the Bank’s policy on Access to Information. | | IDA | IFC | MIGA | | --- | --- | --- | --- | | Vice President: | Hartwig Schafer | Alfonso Garcia Mora | Ethiopis Tafara | | Director: | Mercy Tembon | Mengistu Alemayehu | Merli Baroudi | | Task Team Leaders: | Yutaka Yoshino Anne-Katrin Arnold Tenzin Lhaden | Wendy Jo Werner Pia Trivedi | Persephone Economou | ABBREVIATIONS AND ACRONYMS CURRENCY EQUIVALENTS Currency unit = Ngultrum (Nu) US$1 = Nu 73.95 (as of November 30, 2020) FISCAL YEAR July 1–June 30 ADB AMCHP APA ASAs BBIN CAD Cat DDO CEM CLR CMAW CO2 COP21 CPF CPS CRR CSIs DFAT DPC DPF DRF DRM DSA ECCD ECB ECP Asian Development Bank Accelerating Mother and Child Health Program alternative procurement arrangement Advisory Services and Analytics Bangladesh, Bhutan, India, and Nepal current account deficit Catastrophe Deferred Drawdown Option Country Economic Memorandum Completion and Learning Review Creating Market Advisory Window carbon dioxide 21st Conference of Parties Country Partnership Framework Country Partnership Strategy cash reserve ratio cottage and small industries Department of Foreign Affairs and Trade Development Policy Credit Development Policy Financing Disaster Risk Financing Disaster Risk Management Debt Sustainability Analysis early childhood care and development external commercial borrowing Economic Contingency Plan eGP FCDO FCS FDI FSAPP FY FYP G2P GDP GAFSP GNH GNI GST HCI ICT IT IDA IDA-19 IFC IMF IFMIS IPF IT ITES JICA electronic government procurement Foreign, Commonwealth, and Development Office Fragile and Conflict Situations foreign direct investment Food Security and Agricultural Productivity Project fiscal year Five Year Plan government-to-people Gross Domestic Product Global Agriculture and Food Security Program Gross National Happiness Gross National Income Goods and Services Tax Human Capital Index information and communications technology information technology International Development Association 19th IDA Replenishment International Finance Corporation International Monetary Fund Integrated Financial Management Information System Investment Project Financing information technology IT-enabled service Japan International Cooperation Agency JSDF LDC MAPS Mbps MCH MIGA MSMEs NDC NKRA NPL NPRP ODA PEF PEFA PER PFM PFM PFM-MDF PforR PLR PPA PPG REDD+ RETF RMA RWCAR SCD SDFP SLR SMEs Japan Social Development Fund Least Developed Country Methodology for Assessing Procurement System megabits per second maternal and child health Multilateral Investment Guarantee Agency micro, small, and medium enterprises Nationally Determined Contribution National Key Results Area non-performing loan National Preparedness and Response Plan Official Development Assistance Pandemic Emergency Financing Facility Public Expenditure Fiduciary Assessment Public Expenditure Review Public Financi

FAQs

What is the purpose of the Country Partnership Framework for Bhutan for FY2021–24?

It defines how the World Bank Group plans to align its support with Bhutan’s government program and medium-term strategy during FY2021–24.

Which major topics are covered in the Country Context and Development Agenda section?

It covers social and political context, recent economic developments and macroeconomic outlook, poverty profile, and main development challenges.

What does the framework’s World Bank Group Partnership Framework section focus on?

It focuses on the government’s program and medium-term strategy and on lessons drawn from the prior Completion and Learning Review.

Jul 19, 2026

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