In response to questions on the performance of the government which completed a year in office, the Prime Minister and other ministers highlighted various activities and successes in the past one year. The Home Minister Lyonpo Damcho Dorji said the government has done ‘fairly well’ in the last one year …
Read More »Govt confirms that housing and car loans would be available from mid August
The Finance Minister Lyonpo Namgay Dorji confirmed that the Royal Monetary Authority (RMA) would be opening up housing, car and vehicle loans from mid August. Lyonpo said that his ministry had a series of meetings with the RMA on the opening up of loans and that loan guidelines were in …
Read More »Labour Minister says 3,724 employed so far with more to follow
The Labour Minister Lyonpo Ngeema Sangay Tshempo said that the Ministry of Labour and Human Resources (MoLHR) has ensured employment for 3,724 youth till date. He said that the ministry was working to employ more of them in the 2014-2015 financial year. He said, “The government pledged to give full …
Read More »NEC’s strategy of rewarding 50% of illegal ‘waste dumping penalty’ to informants proving successful
It has been almost three months since the National Environment Commission (NEC) Secretariat successfully implemented its strategy to reward informants who report to NEC on illegal waste dumping. The informant receives 50% of the penalty amount collected from the offender. Talking to NEC’s Chief Environ-ment Officer, Thinley Dorji, he said …
Read More »Special report on Inflation examines inflation trends from 2011 to 2014
An inflation report of the Ministry of Economic Affairs (MoEA prepared re¬cently by the Office for Consumer Protection under MoEA and the National Statistics Bureau titled ‘Report on Price Increases & Inflation Management’ tracks among other things inflation trends in the last four years. It says that headline inflation in …
Read More »PM meets the Commerce Ministers of SAARC countries
The SAARC Secretary General, Commerce Ministers and Heads of delegation from the SAARC member countries who are attending the Eighth SAFTA Ministerial Council Meeting made a joint call on to Lyonchhen Tshering Tobgay . During the call on which was on 24th July , Lyonchhen and the heads of delegations …
Read More »Transportation fare to increase says RSTA
With the green tax on fuel coming into effect last Thursday, the Road Safety and Transport Authority (RSTA) said that the transportation fare is likely to increase. The Director General of RSTA, Lham Dorji, talking about a hike in bus and taxi fares, said, “We haave already done a bus …
Read More »Five political parties share experiences from their trip to Denmark
During the seminar on lessons learnt by the five political parties on their ten-day study tour to Denmark on June14, the five party representatives, despite their political differences, shared similar experiences, the feeling of being Bhutanese first. One of the panelists, the Druk Chirwang Tshogpa (DCT) President, Lily Wangchhuk, said …
Read More »Pay hike will have minimal impact on inflation
A joint report by the Ministry of Economic Affairs and the National Statistical Bureau conclude that civil service pay hike would have a very minimal impact on inflation. It says that aggregate demand is not going to rise so much as to give inflationary pressure in the economy. “ This …
Read More »MoEA report lists steps to fight price rise and inflation
A new report by the Office of Consumer Protection under the Ministry of Economic Affairs which was drafted on the direction of the MoEA Minister Lyonpo Norbu Wangchuk highlights various recommendations to fight inflation. The report is titled ‘Report on Price Increases and Inflation,’ and was made in collaboration with …
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