The World Bank’s Vice President, Philippe Le Houerou, and delegation called on the Prime Minister, Tshering Tobgay, at the Gyalyong Tshogkhang yesterday.
Mr. Houerou told Lyonchhen that Bhutan’s progress and development over the years has been remarkable and that he was pleased to see Bhutan performing well.
The vice president affirmed that the World Bank would strive toward building on the trust conferred to them and continue to work hard together in potential aspects of development.
Lyonchhen said the government is also working on the reassessment on debt issue, expansion of Development Policy Credit (DPC) and studying new financing windows. The Prime Minister said increasing productivity, expanding export and reducing import would significantly contribute toward achieving the goal of self-reliance.
He also said assured the delegation that the support and resources provided by the World Bank would be used responsibly for important development activities.
