The Druk Thuksey Medal recognizing an institution has been awarded to De-suung in recognition of its extraordinary contributions to the nation during the COVID-19 pandemic. Innumerable DeSuups have placed themselves as frontliners, and supported the armed forces and other agencies working to secure the borders, and serve the people during …
Read More »PAC gives 4 recommendations for annual audit report
The Public Accounts Committee of the Parliament noted that a number of observations pointed in its report were recurrent lapses reflected across different agencies, year after year. The irregularities occurred not because of a lack of rules or procedures but failure on the part of implementing agencies to comply. The …
Read More »HM Gyalyum Sangay Choden Wangchuck awarded the UN Population Award
Her Majesty The Queen Mother Gyalyum Sangay Choden Wangchuck was awarded the individual laureate for the 2020 UN Population Award during a virtual award ceremony held on 10th December 2020. The award was presented to recognize Her Majesty The Gyalyum’s outstanding contribution in raising awareness and devising solutions to population …
Read More »Maternity allowance to be rolled out within a year
Responding to the question on the status of the Government’s pledge of maternity allowance, the Health Minister reported that the required plans and preparations for rolling out the Maternity allowance is almost completed and it will be rolled out within a year. The Minister informed the House that the “Accelerating …
Read More »Adequate funds secured to finance the fiscal deficit: Finance Minister
Two questions were addressed to the Finance Minister yesterday during the National Assembly session regarding what the government plans to do to make up for the deficit from the total projected budget of Nu 310 bn in the 12th FYP, off which the total deficit of Nu 29 bn was …
Read More »His Majesty The King returns after Royal Tour from southern dzongkhags
His Majesty The King arrived in Thimphu on 1st December 2020 after completing a Royal Tour of the southern dzongkhags. His Majesty and the entire Royal entourage entered a 7-day facility quarantine in Thimphu, in accordance with COVID-19 protocol following travel to high-risk areas. During the Tour, His Majesty visited …
Read More »International Banks asked if Bhutan wanted to defer loan payment but we declined: FM
The Finance Minister Namgay Tshering said that Bhutan had received an offer through the International Monetary Fund (IMF) of multiple International Financial Institutions like World Bank (WB) and Asian Development Bank (ADB) asking if Bhutan wanted to defer its international loan payments due to COVID. Lyonpo said Bhutan declined to …
Read More »His Majesty Grants Dhar
His Majesty The King on 27 November granted Dhar to appoint the Governor of the Royal Monetary Authority, Home and Cultural Affairs Secretary, Dzongdags, Gup, and Drangpons to 6 Dzongkhags. Dasho Penjore has been reappointed for a second 5-year term as the Governor of the Royal Monetary Authority of Bhutan. …
Read More »Economy is not in a recession: FM
38% of domestic revenue collected in November against target of 36% The Finance Minister Namgay Tshering said that the Bhutanese economy while not in a recovery mode or in a worst case scenario is not in a recession. He said that Bhutan’s economy has not yet got past the crisis …
Read More »GoI releases Nu. 1.19 bn for plan activities and both countries launch Rupay
The Ministry of Foreign Affairs, Royal Government of Bhutan (RGoB), received from the Embassy of India in Thimphu a cheque amounting to Nu. 1.19 billion for the Project Tied Assistance (PTA) on 19 November 2020. This release of funds is part of the Government of India’s (GoI) assistance to the …
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The Bhutanese Leading the way.