1 TRANSLATION OF THE PROCEEDINGS AND ... - APFA News

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External Assistance External assistance continues to finance a major part of our development budget. In the past year, Bhutan received Nu. 3, 310.712 million as grant aid. We would like to thank our development partners for their generous assistance. In particular, we are grateful to India, our friend and neighbour, for their unfailing support since the inception of planed economic development in the 1960s. Bhutan has been fortunate to have numerous development partners who have provided generous assistance in our development endeavors. Such good will shown by our development partners is largely a reflection of their friendship and their confidence in the transparent and judicious utilisation of their assistance. In order to further strengthen our relationship with our development partners, Bhutan hosted the 7 th Round Table Meeting (RTM) in November 2000. The Ministry of Finance is pleased to inform the honourable members that the RTM was a great success. Seventy-eight representatives from thirty-two development partner countries and organisations attended the three-day meeting. Such representation at very senior levels is a testament of their friendship and good will towards Bhutan. This meeting provided the development partners an opportunity to see for themselves the outcome of their assistance. The RTM, held in a true spirit of openness and friendship, also enabled fruitful dialogue on the possible areas of future cooperation with our development partners. Our discussions included emerging issues such as poverty, urbanisation and youth employment as well as the opportunities presented by globalisation and development in information technology among others. We would like to thank the UNDP for their technical and financial support in organising this highly successful meeting. Borrowings 292
The Royal Government continues to abide by a very prudent borrowing norms. The total outstanding debt is US$ 107.777 million and Rs.3,957.386 million. The Ministry of Finance would like to inform the members that these loans have been taken to finance important projects in the roads, power, urban infrastructure, education and agriculture for which grant aid was not forthcoming. The rupee loan is mainly on account of Chhukha, Tala and Kurichhu projects. We are confident that investment in these areas will contribute significantly to the socio-economic development of the country. The total debt service project for 2001-2002 is Nu. 316.8 million and the debt service ratio at about 6 percent. Our financial analysis shows that we can comfortably meet the debt servicing obligations. The Ministry of Finance will continue to carefully asess loan projects in order to ensure that these projects have sound financial and economic returns. Other initiatives The Department of Telecommunications has been corporatized to enhance efficiency and improve the quality of telecommunication services for the general public. We have also started the preliminary work to corporatize the utility functions of the Department of Power. This is to ensure that the services are efficiently run and financially sustainable. In order to rationalise costs and ensure the long-term sustainability of health care in Bhutan, user fees have been introduced for selected dental services. We would like to assure the honourable members that basic health care will continue to be provided free of cost. 293
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I. Inaugural Ceremony TRANSLATION O
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The National Assembly ratified seve
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allot. A brief curriculum vitae of
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Sonam Wangchuk from Zhemgang won th
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Bodo militants in the country pose
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Goendeys in the country continue to
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1. The military capability of the a
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ate is 4.5%, and the balance of pay
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of the Basochhu Hydropower Project
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3. The Department of Education has
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As Gross National Happiness places
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Since people-centred development li
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Recognizing the deep reverence that
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conference. This is an indication o
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safeguard the sovereignty of the co
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They also expressed their profound
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ooklet on the financial report of Y
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Nu.260 million was spent on purchas
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Nu.381 million increase in the budg
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would be incurred. Although the cur
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udget presentation by the Hon’ble
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The fact that the debt service rati
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the territories of Assam and Bengal
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Since many of the plan projects cou
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issue of the Thimphu-Phuntsholing h
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the Department should ensure that t
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Sarpang Dzongkhag. He extended the
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The Speaker underlined the signific
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Kuensel and the Bhutan Broadcasting
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The Hon’ble Minister for Health a
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A Royal Advisory Councillor and the
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The Speaker noted that the governme
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failed to resolve the problem, ther
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serious resentment and animosity be
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The NDFB militants are fighting the
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affected the security of the countr
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The ULFA delegation said that they
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again to find a solution to the pro
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led by the Home Minister and the UL
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epresent a government since they ar
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Bhutanese people. Last December, wi
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ii. Two rounds of Security Coordina
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undergone militia training and serv
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left but to resort to military acti
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shops. In such situations, the loca
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would be better to act in accordanc
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He informed the members that, under
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and working to this end without eve
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security of the nation is of the ut
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however, be in our interest to endo
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agreement signed with the Royal Gov
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there was no longer any conscriptio
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genuine volunteers should be forwar
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the time to make excuses regarding
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militia force, and after returning
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The people’s representatives of T
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They wondered where all the organiz
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faction which does not have camps i
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pressing on this issue, the problem
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informed the house the Lhengyel Zhu
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apprehended and brought to justice.
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The Foreign Minister informed the h
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this regard, the Royal Government w
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who left after committing terrorist
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and the agreement reached by Bhutan
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2. The hon’ble members are aware
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verification provides ample time an
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In his presentation on the issue, t
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deliberately trying to delay the pa
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obbery and destruction of service i
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emain in the country. These people
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The people in the camps in Nepal co
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during the 14 th round, Bhutan had
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abide by the resolutions of the Nat
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However, it is most important that
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effective treatment or vaccine, and
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The Secretary also pointed out that
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supervision and guidance. The Assem
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local Forest Office. This takes abo
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4. To enhance sustainable use of fo
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For conifer species, Nu.40 per tree
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per truckload. Further, in order to
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A Royal Advisory Councillor said th
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workforce were reduced, the Bhutane
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issue. Furthermore, the Cabinet has
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numbering about 60,000 and coming t
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proposing the issue of the expatria
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Penden Cement Plants are Bhutanese.
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the government offices take the nat
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Punakha Chimi those people on whom
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the competence of the Bhutanese in
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are private sector candidates who r
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aspects and those who are unable to
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Jabmi. It would be beneficial if th
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fees for Jabmis would not be approp
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their decisions should be given due
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material inducements to innocent vi
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Another Chimi from Samtse Dzongkhag
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It is the responsibility of the Gup
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The Dorji Lopen of the Central Monk
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The Minister expressed appreciation
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Zhungtshog to direct the Government
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The Minister pointed out that Part
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Among many other provisions, the ac
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flourishes. A strong and clear Chat
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The Minister informed the Assembly
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In Article 12 of Chapter 4 on page
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Therefore, it is being submitted to
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high taxes, and those with low inco
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and in the interest of the poor, it
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Therefore, it is important that PIT
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session. Moreover, a revised copy o
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The rule of law is a basic requirem
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country depend upon the presence of
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The National Assembly has the full
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The Punakha Chimi also commented on
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A lot of good experience has been g
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meat in the country should decrease
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therefore face lots of difficulties
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If two or three Chathrims rather th
Page 241 and 242: XX. Expression of Appreciation and
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Page 259 and 260: secondly due to the concerted effor
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Page 263 and 264: order to avoid problems related to
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Page 271 and 272: greatly undermine the friendship an
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Page 279 and 280: 3. Grants a. GoI Program Grants 800
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Page 283 and 284: would continue to monitor the size
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