Lyonchhen (Dr) Lotay Tshering during the inaugural ceremony of the 14th Round Table Meeting (RTM) held in the capital this week, reiterated that climate change is real and efforts must be made to reduce its impact given Bhutan’s vulnerability. Similarly, discussions and commitments from Bhutan’s developing partners and donors during …

The Bhutan Economic Stabilization Fund was established with the objective to maintain a fiscal rule to ensure macroeconomic stability of the country. The fund was started with a capital injection of Nu 100 mn as seed money during the 11th FYP and with the recent capital transfer of Nu 67 …

The 14th Round Table Meeting (RTM) will take place from 12-14 March in the capital next week. The foreign minister, Lyonpo Tandin Dorji shared that the RTM is the highest forum for policy dialogue between Bhutan and its development partners, donors, bilateral and multilateral agencies to come together and the …

On the search and rescue front, Lyonchhen (Dr) Lotay Tshering said that Department of Disaster Management has put up a proposal to the government to institute a formal team that is professionally developed and focused on infrastructural development. The Department of Disaster Management in the proposal has also identified Chukha …

One of the new approaches of the Ministry of Labour and Human Resources (MoLHR) to address unemployment in the 12th FYP has been one of their plans to institute an Employment Responsibility System (ERS). “Employment Responsibility System (ERS) is one of the economic points that is covered under the National …

The National Environment Commission (NEC) in consultation with the relevant stakeholders recently notified the general public on the nationwide reinforcement of the plastic ban with effect from April this year. Although there has been a general acknowledgment of the decision given that the country is currently grappling with waste management …

Himalayan Environmental Rhythms Observation and Evaluation System (HEROES) project, implemented by the Ugyen Wangchuck Institute for Conservation and Environmental Research (UWICER) is the first nationwide school-based initiative to monitor climate change and its impact on the mountain ecosystem in Bhutan. Almost six years into the project after its first establishment …

In reference to the World Bank’s report on the state’s dominance of the economy, which revealed that it has not only constrained private sector development but also distorted the market, to the Prime Minister said that the government has no plans to establish more State Owned Enterprises (SoEs). “All the …

Forest fires have been widely and mostly associated with the loss of biodiversity and increasing rate of air pollution, but the latest research from the Duke University and the National University of Singapore found that externalities of forest fires have been mostly under-researched and ignored.  The findings reveled that forest …

Highlighting some of the discussions held at the first ever National Tourism Conference, Lyonchhen (Dr.) Lotay Tshering said that there is humongous potential to take the tourism sector to the top. Lyonchhen said that going by the statistical importance given by everyone on the tourist visiting Bhutan, permitting regional tourist, …