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Macroeconomic Advisory Capacity (MAC)

Scoping Missions
Thimpu, Bhutan
6-16 July 2011, 3-13 February 2012

At the invitation of the Gross National Happiness Commission (GNHC - the National Planning Commission), the Royal Government of Bhutan, Hamid Rashid, Senior Adviser for Macroeconomic Policy, undertook a scoping mission to Bhutan. Margit Molnar, Regional Adviser of UN-ESCAP, joined the mission from Bangkok. The mission held discussions with the Prime Minister, the Minister for Economic Affairs, the Minister of Labour and Human Resources, the Minister of Housing and Urban Development, the Governor of the Royal Monetary Authority (RMA), the Finance Secretary and the Secretary for Labour and Human Resources. It also met with private sector representatives, including the Secretary General of the Bhutan Chamber of Commerce, Chairman of the Bank of Bhutan, CEOs of the Bhutan National Bank, Bhutan Development Bank, Druk Holdings and Investment and Druk Green Power Corporation. The mission also met the World Bank and IFC Country Representatives as well as the representatives of UNDP, UNICEF and other UN agencies.