Round Table Meeting (RTM) is the highest forum for policy dialogue and aid coordination between the Royal Government of Bhutan (RGoB) and its development partners. It also provides an opportunity for the RGoB and its development partners to review and discuss issues of mutual interest to further strengthen socio-economic development cooperation ties.
RTM is held twice during the five year plan period. The first RTM, prior to the launch of the new Five Year Plan, is held to sensitize development partners on Bhutan’s development strategies, priorities and programmes over the next five year and the second RTM, mid-way through the implementation of the current Five Year Plan, is held to review progress and make necessary adjustments and also to reprioritize the Five Year Plan programmes.
The 10th Five Year Plan, which started on 1st July 2008 ended on 30th June 2013. Bhutan is currently at the threshold of initiating implementation of its 11th Five Year Plan (July 2013-June 2018) under the leadership of the new Government. This is critical to Bhutan as it is the first year of 11 FYP which aims at achieving its goal of Self Reliance and Inclusive Socio-Economic Development.
Therefore, the 12th RTM to be held from 11-12 December 2013 at Thimphu is a very important event as the Royal Government of Bhutan will present the 11th FYP to ensure better alignment of development assistance with the national priorities for improved aid-effectiveness.
The 12th RTM aims at achieving the following objectives:
- Meeting the 11 FYP goals and targets
- Further strengthening socio-economic development cooperation ties between the RGOB and its DPs
- Coordinating and bringing together all the DPs for better alignment of their support with the 11 FYP and in meeting the resource gap
The 12th RTM in Thimphu will provide development partners an opportunity to assess and discuss on the current socio-economic development progress, key challenges and opportunities as the Eleventh Five Year Plan (11 FYP) continues to be guided by our development philosophy of Gross National Happiness. The 11 FYP framework is provided by the four GNH pillars, namely i) Sustainable and equitable socio-economic development; ii) Preservation and promotion of culture; iii) Conservation and sustainable utilization and management of the environment; and iv)Promotion of good governance. Specific goals, objectives, overall strategies, fiscal framework, and sectoral and local government objectives and strategies define the 11FYP.
As during the 11th RTM, participation at the highest level is expected from both bilateral and multilateral development partners and international financial institutions.
The 12th RTM will be co-chaired by Lyonpo Rinzin Dorje, Minister, Ministry of Foreign Affairs, RGOB and H. E. Mr. Haoliang Xu, UN Assistant Secretary-General, UNDP Assistant Administrator and Regional Director, Asia and the Pacific.