The Royal Charter 2000 issued by His Majesty the Fourth King Jigme Singye Wangchuck formally established the Trust Fund as the Bhutan Health Trust Fund with a target of USD 24 million. With the initial contribution of USD 6,65,100.71 million from the Royal Government of Bhutan and USD 3,083,137.72 million from the developmental partners, around 42.98% of the BHTF capital target was achieved in June 2001. The fund consistently grew from USD 18.4 million in 2005 to USD 27.2 million in 2017, hence achieving the capital fund target.
With the vision to promote the quality of life of the people through the provision of primary health care services and to sustain the fund, a new fund target of BTN 3 billion was set in 2016. As of June 2020, BHTF's capital fund stands at BTN 3.084 billion.
The capital fund of BHTF has been growing consistently over the years from USD 18.4 million in 2005 to USD 27.2 million in 2017. The Royal Government of Bhutan, various developmental international organizations, governments of different countries and individual donors have contributed to the fund. In 2018, the Royal Government of Bhutan (RGOB) contributed Nu 500 million equivalent to USD 7.5 million. The contribution mirrors the RGoB commitment to provide matching support under the one-to-one partnership agreement, for the forthcoming ADB’s support of USD 10 Million as part of sustaining primary health care services in Bhutan. The current target is to increase the capital fund to Nu. 3 billion.
Capital Funds Status of BHTF from 2005 till June 30th 2021
|Sl. No||Particulars||Amount In Nu||Amount in USD|
|1||July 2020- June 2021||3,208,301,106.87||43,889,208.03|
|2||July 2019-June 2020||3,084,102,267.23||41,425,147.98|
|3||July 2018-June 2019||2,909,433,713.54||41,880,433.47|
|4||July 2017- June 2018||2,478,790,648.42||38,135,240.74|
|5||July 2016- June 2017||1,723,517,049.44||27,249,913.81|
|6||July 2015- June 2016||1,496,040,330.22||22,496,847.07|
|7||July 2014- June 2015||1,403,554,076.95||21,930,532.45|
|8||July 2013- June 2014||1,336,893,552.92||22,659,212.25|
|9||July 2012- June 2013||1,241,001,079.00||21,771,948.76|
|10||July 2011- June 2012||1,180,188,673.00||21,264,660.78|
|11||July 2010- June 2011||1,102,760,472.69||24,505,788.26|
|12||July 2009- June 2010||1,049,616,714.93||22,817,754.67|
|13||July 2008- June 2009||991,140,529.20||20,866,116.41|
|14||July 2007- June 2008||935,997,455.30||22,285,653.70|
|15||July 2006- June 2007||868,795,788.00||21,719,894.70|
|16||July 2005- June 2006||840,168,248.50||18,364,333.30|
|17||July 2004- June 2005||800,956,942.00||18,379,002.80|
*The figure is based upon the audited report of the BHTF financial statement. BHTF is audited on an annual basis by the Royal Audit Authority (RAA) of Bhutan.