The Members of Parliament took part in the half day consultation carried out by the The World Bank Group in preparing the new Country Partnership Framework (CPF) for Bhutan for the period FY 2025-2029 at the Le Meredian, today.

During the consultation Members raised the following points for collaboration and support:

1.         Strengthening legislative scrutiny of economic, monetary and other relevant laws to ensure effectiveness of laws and FDI policy;

2.         Carrying out policy review and strengthening of legislative capacity;

3.         Strengthening research capacity of the legislative bodies for informed decision making;

4.         Strengthening Parliament-Private sector collaboration to facilitate framing of enabling legislation for private sector development;

5.         Facilitating support for Parliament- CSO collaboration;

6.         Enabling legislations for conducive digital economy;

7.         Enabling carbon negative countries to gain financial incentives through carbon trading and other mechanisms with enabling legislative support from global and national institutions.

Members of parliament stressed on the need for similar platforms in future to ensure facilitation of holistic development.