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In the mid-1990s, Bhutan's financial system was heavily burdened with nonperforming loans that, on average across all financial institutions, were close to 40% of outstanding loans.
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Asian Development Bank's Assistance for Rural Electrification in Bhutan—Does Electrification Improve the Quality of Rural Life?
ADB has responded well to the demand from energy deficient and expanding economies by significantly increasing assistance to the energy sector, including for rural areas.
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The main challenges faced by Bhutan's power sector in the mid-1990s were identified as the institutional weakness of the sector, and its inability to promote the country's economic development through power exports and providing access to electricity for rural consumers.
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This country assistance program evaluation report presents an evaluation of the Asian Development Bank assistance to Bhutan during 2001-2009.