Ctf.gov.bt

Title

Bhutan's Cultural Trust Fund

Description

Bhutan is one of the least economically developed countries in the world. However, Bhutan is determined not to compromise its rich natural resources for making immediate economic gains that may lead to disastrous consequences in the future. Thus the limited and scarce resources of the Government have to meet many pressing diverse demands.

The Cultural Trust Fund is envisioned as a means to help Bhutan preserve and promote its rich cultural heritage and traditions from the pressures of modern development.

The Fund was established during the Kingdom's 76th Session of its National Assembly. Its Royal Charter was signed by His Majesty, King Jigme Singye Wangchuck, on the tenth day of the fifth month of the Earth Hare year, corresponding to the 23rd of June, 1999.

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