The Bhutanese Leading the way.
The 11th FYP (2013-18) expenditure outlay is estimated at NU 213bn Aimed towards self-reliance and inclusive green socio-economic development, the 11th Five-Year Plan (FYP) presented to the National Assembly (NA) was endorsed by the house following hours of deliberations on Thursday. Finance Minister Namgay Dorji who presented the FYP to …
Read More »Yearly Archives: 2013
PAC presents Audit Reports and provides recommendations
The Public Accounts Committee (PAC) presented the Annual Audit Reports 2008-2011, the Annual Audit Report 2012 and recommendations of the Royal Audit Authority (RAA) at the joint sitting of the Parliament yesterday. PAC chairperson, Trongsa’s NC representative Tharchen introduced the members of the joint committee before making his presentation. According …
Read More »Role of Institutions in sustaining broad based growth
To sensitize on the importance of the role of institutions in sustaining broad based growth, the Royal Institute of Management (RIM) and QED consulting group conducted a seminar on September 17, here in the capital. In his welcome address, President of Bhutan Chamber for Commerce and Industry (BCCI) Ugyen Tshechup …
Read More »Annual Budget Report presentation draws discussions on PDP Pledges
The National Budget report presented by Finance Minister Namgay Dorji for the fiscal year 2013-2014 to the National Assembly (NA) sparked discussions on the pledges made by the present government with Opposition members expressing doubts over the issue. Opposition MP Dorji Wangdi said the former government’s debt was discussed at …
Read More »Mainstreaming Environment, Climate Change and Poverty
The environment, climate change and poverty (ECP) issues have long been addressed and awarded the gravity of urgency it deserves, and now there is an integrated approach that will mainstream the ECP Mainstreaming (ECPM) initiative in the 11th Five Year Plan (FYP) guidelines. In order to make ECPM more pragmatic …
Read More »NA ratifies the Double Tax Avoidance Agreement
The National Assembly (NA) endorsed the Double Tax Avoidance Agreement (DTAA) between the Royal Government of Bhutan and Government of India (GoI) during its session on Thursday. The Royal Government of Bhutan has signed the agreement with GoI for the avoidance of double taxation and prevention of fiscal evasion with …
Read More »NC’s proposal brings mines under the scanner
The National Council (NC) that has again taken up the issue of mining and natural resources conservation has passed three recommendations with regards to the sector’s activities and future direction during its session on Thursday. Councilor Jigme Rinzin, chairperson of the council’s natural resources and environment committee said that it …
Read More »Debating RTI in earnest
Whenever Bhutan has stood on the cusp of some major change, there has always been hesitation, doubts and fears, but eventually the country, its leaders and its people have taken the path going forward. Even when democracy was introduced, the Bhutanese people had to be cajoled and convinced by our …
Read More »Bhutanese Mines found to be dirty, mismanaged and not contributing enough in RAA report – Part 2
In 2008 a RAA Performance Audit report on the mining sector opened the eyes of the country to an out of control mining sector which was violating various norms and laws, destroying the environment and also creating losses for the exchequer. The report was discussed in the Parliament itself and …
Read More »RTI receives lukewarm support from Opposition
The RTI bill has forwarded to NA’s legislative committee for further review and will be presented to the Assembly again on September 24 The long overdue Right to Information (RTI) bill which was tabled in the National Assembly (NA) on Thursday elicited little support from the Opposition party. Information and …
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