PM asks MoF to explore privatising pool vehicle system During the Mid Term Review of the Finance Ministry, the Prime Minister, Dasho Tshering Tobgay, said that recently the Cabinet, in a meeting, had discussed that ministers should use electric duty vehicles within Thimphu and keep some 3 or 4 good …
Read More »Govt asks ERA to relook at domestic power tariff, keeping affordability in mind
The Prime Minister, Dasho Tshering Tobgay, said that the government has asked the Electricity Regulatory Authority (ERA) to relook at its domestic power tariff proposal, keeping affordability in mind. Lyonchhen said that the cost of building future projects cannot be billed to consumers right now, as future projects should be …
Read More »RMA’s review of ESP loans throws up one case for which BDBL was already taking action
The Royal Monetary Authority (RMA) did an intensive review of all the Medium Sector Economic Stimulus Plan (ESP) loans (ranging from Nu 10 million to Nu 100 million) coming to 37 accounts excluding the 4 already investigated by the Anti-Corruption Commission (ACC). The RMA found that there was only one …
Read More »RMA imposes Nu 228 mn in penalties and takes strong action for BoB account issue
The Royal Monetary Authority said it has completed its inspection involving a client of the Bank of Bhutan (BoB)and the findings indicate that the incident is the result of fundamental gaps in governance, risk oversight, internal controls, and change management practices. RMA said the matter cannot and must not be …
Read More »BoB bank account issue traced to failure to migrate certain data
The main question in the Bank of Bhutan (BoB) account case is how around Nu 1.5 billion (bn) was credited to the account of the businessman, who then used Nu 191 mn for paying loans, a land transaction and for paying suppliers. According to a source, it took around two …
Read More »Brain surgery controversy patient passes away
The patient at the heart of the MRI scanning and brain surgery controversy that led to neurosurgeon Dr Sonam Jamtsho submitting his resignation passed away on 12th March 2026. The 70-year-old patient, Chandra Maya Ghalley, underwent a total of six brain surgeries and passed away finally due to a multi-drug …
Read More »768 MW Punatsangchu III being explored with JSW
The cabinet has given clearance to explore doing the 768 MW Punatsangchu III project with the JSW Group of India. The location of the project is just below the current 1,020 MW P II site and it can go up to 900 MW once the Detailed Project Report (DPR) is …
Read More »Fuel subsidy to cost Govt Nu 1.3 billion a month
When the government gave the last fuel subsidy of Nu 16 per liter of diesel on 21st March, it was expected to cost around Nu 5 million (mn) a day, and Nu 1 billion (bn) was kept aside till 30th June 2026. From the introduction of the National Fuel Price …
Read More »How 49 victims were cheated of Nu 38 mn in Yarab Consultancy case
More details have emerged in the Yarab Consultancy case, in which 49 people were reportedly cheated out of Nu 38 million (mn) between September 2023 and July 2025. The Royal Bhutan Police (RBP) received the first complaint on 9th July 2025, from a participant in a Canadian work program. On …
Read More »Diesel subsidy costing Nu 3 to 5 million a day
NFPSF to enable collection of buffer fund once oil prices come down The government, on 21st March 2026, announced the creation of the National Fuel Price Smoothening Framework (NFPSF), which provides a subsidy of Nu 16 per liter of diesel, bringing down the price from Nu 108 per liter to …
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