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Signing of Yen Loan Agreement for Bhutan: Contributing to the economic recovery of Bhutan, which has been severely affected by the new coronavirus

Posted on 2023-06-03 by Editor in Chief

The Japan International Cooperation Agency (JICA) signed a Loan Agreement (L/A) of up to 6.55 billion yen with the Royal Government of Bhutan for “Development Policy Loan for Economic Reconstruction and Resilience Enhancement” on May 30 in Thimphu.

This project aims to promote economic recovery and growth in Bhutan, whose economy has been severely affected by the spread of the new coronavirus, by providing financial assistance, thereby contributing to fiscal, social, and economic stability in the country. The funds will be used to strengthen the Bhutanese government’s measures in the financial and financial sectors that contribute to private sector-led economic growth, to promote measures for green growth focusing on renewable natural resources, and to promote measures for the development of an independent and sustainable country with a good balance between rural and urban areas. Contribute to Goals 2 (zero hunger), 3 (health and welfare for all), 5 (achieve gender equality), 8 (both job satisfaction and economic growth), 9 (create the basis for industrial and technological innovation), 10 (eliminate inequality among people and countries), 13 (take concrete measures against climate change), 15 (also protect land-based wealth) We will contribute to

Details of the project are as follows

Amount and terms of loan

read more

© Source JICA

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