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As Bhutan embarks on its 13th Five-Year Plan, the stakes have never been higher. Budgeted at 512.28 billion Ngultrum, a massive 63% increase from the 12th Five-Year Plan, this ambitious plan sets a bold vision for transforming Bhutan into a high-income country by 2034. With targets to increase GDP to $5 billion by 2029, $10 billion by 2034, and GDP per capita to over $6,174 by 2029, the plan’s success is critical to the country’s future.
The 13th Five-Year Plan is a critical moment for Bhutan. We are at a crossroads where our decisions and actions will determine the trajectory of our country’s development. The ambitious goals set out in the plan are more than just numerical targets; they reflect our desire to enhance the well-being of every Bhutanese citizen, preserve our unique cultural heritage, and maintain the integrity of our environment.
Prime Minister Tshering Tobgay’s commitment to personally review progress, achievements and results on a monthly basis is commendable. It sets a high standard of accountability and demonstrates the Government’s seriousness about this initiative.
However, the success of the 13th Five-Year Plan cannot rely on the efforts of the Prime Minister alone, but requires the active participation and cooperation of various stakeholders, including ministries, local governments, private sector entities, civil society organizations and citizens themselves.
Strong monitoring and evaluation mechanisms are the cornerstone of effective implementation of the plan. They ensure that we stay on track, challenges are identified and addressed in a timely manner, and necessary adjustments are made to achieve the expected results. Each ministry must strictly monitor the implementation of its annual work plan activities and ensure alignment with the overall goals of the 13th Five-Year Plan. This collaborative and transparent approach will foster a culture of accountability and continuous improvement.
Our development partners have given strong support to the 13th Five-Year Plan. This support not only provides the necessary financial resources, but also reflects the confidence of the international community in Bhutan’s development strategy. We must live up to this trust by demonstrating the highest standards of governance and efficient use of resources.
Plans often fail due to political self-interest and policy shortsightedness. We cannot let these become stumbling blocks for the 13th Five-Year Plan. The vision and goals set are too important to be derailed by short-term thinking or partisan interests. We must have a long-term vision and put national interests above personal interests.
The success of the 13th Five-Year Plan will have far-reaching consequences. Achieving these goals will not only elevate Bhutan’s economic standing, but also strengthen our global reputation as a model of balanced and sustainable development. The 13th Five-Year Plan is not just a roadmap for economic growth, but a blueprint for a prosperous and resilient Bhutan.
This is a national priority.
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