Asian Development Bank Provides USD 35m To Develop Bhutan’s Health, Technical And Vocational Education Sectors

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The grant agreements were signed between the Finance Minister and ADB’s Country Director on 29 November at the Ministry of Finance.

Bhutanese students making traditional boots. (Source: Medium/Outofboxadvertising)

 

By Tshering Dorji | kuensel

The Asian Development Bank (ADB) has provided a grant of USD 35m to develop the health sector and to expand the technical and vocational education system in Bhutan.

The grant agreements were signed between the Finance Minister and ADB’s Country Director on 29 November at the Ministry of Finance.

How the fund will be used to develop the health sector in Bhutan

The grant of USD 20m will be used for the health sector development programme. The project which will span over five years is expected to foster equitable access to healthcare facilities besides enhancing the efficiency of service delivery.

The project aims to advance Bhutan’s health security agenda through strategic support for the prevention and control of infectious diseases in line with Bhutan’s commitments to international health regulations.

Half of the total grant for the health sector (USD 10m) will be pumped into the Bhutan Health Trust Fund to ensure the sustainability of free basic health services.

Source: Kuensel

 

Finance Minister, Namgay Tshering said that the government recognises that good health of its citizens is a prerequisite for greater economic and social development. It can also help to reduce poverty and pave the road to happiness.

Using ADB’s fund to enhance the technical and vocational education system in Bhutan

Another grant of USD 15m is specifically allocated for a project called ‘Skills Training and Education Pathway Upgradation Project (STEP UP).

This grant will assist the government’s efforts towards the upgrading and expansion of the technical and vocational education training (TVET) system to suit modern needs and equip youth with job-oriented skills.

The labour and education ministries will jointly implement this project spanning over a period of seven years, beginning this year.

“The ADB is extremely pleased that through these grant, we will be able to support the government’s initiatives to invest in social sectors,” the ADB’s Director General of South Asia Department, Hun Kim said.

ADB’s Director General of South Asia Department, Mr. Hun Kim highlighted the importance of investment in social sectors for human capital development, which aligns with ADB’s new corporate 'Strategy 2030'. He also said that these projects will prioritise human development and social inclusion.

Finance Minister, Namgay Tshering revealed that the country has developed a blueprint for TVET as a roadmap for improving the quality of vocational education.

He also added that this project will assist the government in reforming and modernising the TVET institutions, while simultaneously benefitting Bhutanese youth through better employability.

 

This article first appeared in Kuensel  and has been edited for the Bhutan Times.


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