As Bhutan embarks on its 13th Five Year Plan, the stakes have never been higher. This ambitious plan, with a budget of Nu 512.28 billion—a substantial 63 percent increase from the 12th Plan—sets a bold vision for transforming Bhutan into a high-income country by 2034. With targets to elevate GDP to USD 5 billion by 2029 and USD 10 billion by 2034, and to raise GDP per capita to above USD 6,174 by 2029, the success of this plan is crucial for the nation’s future.
The 13th Plan represents a pivotal moment for Bhutan. We are at a crossroads where our decisions and actions will shape the trajectory of our nation’s development. The ambitious targets set forth in the plan are not merely numerical goals; they are a reflection of our aspiration to enhance the well-being of every Bhutanese citizen, uphold our unique cultural heritage, and sustain our environmental integrity.
Prime Minister Tshering Tobgay’s commitment to personally review the progress, outputs, and outcomes on a monthly basis is a commendable approach. It sets a high standard of accountability and demonstrates the seriousness with which the government is approaching this plan.
However, the success of the 13th Plan cannot rest solely on the shoulders of the prime minister. It requires the active participation and co-operation of all stakeholders—ministries, local governments, private sector entities, civil society organisations, and the citizens themselves.
Strong monitoring and evaluation mechanisms are the bedrock of effective plan implementation. They ensure that we remain on course, identify and address challenges promptly, and make necessary adjustments to achieve desired outcomes. Each ministry must rigorously monitor the implementation of their annual work plan activities and ensure alignment with the overarching goals of the 13th Plan. This collaborative and transparent approach will foster a culture of accountability and continuous improvement.
Our development partners have shown strong support for the 13th Plan. This support not only provides the necessary financial resources but also reflects the confidence that the international community has in Bhutan’s development strategy. It is imperative that we honour this trust by demonstrating the highest standards of governance and effective use of resources.
Plans often fail due to political self-interest and policy myopia. We cannot afford to let these be the stumbling blocks for the 13th Plan. The vision and targets set forth are too critical to be derailed by short-term thinking or partisan interests. We must embrace a long-term perspective, prioritising national interest over individual gains.
The success of the 13th Plan will have far-reaching implications. Achieving the targets will not only elevate Bhutan’s economic standing but also enhance our global reputation as a model of balanced and sustainable development. The 13th Plan is more than just a roadmap for economic growth; it is a blueprint for a prosperous and resilient Bhutan.
It is a national imperative.