With Bhutan being one of the last 10 countries in the world whose Parliament is yet to ratify the United Nations Convention on the Rights of Persons with Disabilities (UNCRPD) the Prime Minister said that he is not against Bhutan joining UNCRP but it must be staggered. He said more …
Read More »Cabinet Secretary and Cabinet Secretariat relocated away from the PMO with a reduced role
Not long after the former Cabinet Secretary Kesang Wangdi finished his term on 31st August 2019 an extraordinary change took place in the Prime Minister’s Office. The spacious office of the Cabinet Secretary was physically shifted away from the PMO in the National Assembly building to smaller quarters in Tashichhodzong …
Read More »Retirement age of CS and other issues to be taken up in National HR policy
One of the contentious issues discussed in the National Assembly this time was a motion moved by the Dewathang-Gomdar MP Ugyen Dorji asking the government to increase the retirement age of civil servants from 56 and 58 to 60 for all civil servants. The motion was only narrowly defeated as …
Read More »Bhutan one of the last 10 countries yet to ratify UN Convention on the Rights of Persons with Disabilities
Constitutional provisions of free education and healthcare are pointless for the disabled without accessibility and inclusiveness: Chairman of Disabled Person’s Association Bhutan on 3rd December observed the International Day of Persons with Disabilities through a program in Paro. Now, it may come as a surprise, but Bhutan is one of …
Read More »NPPF to propose major reforms to pension to make it more equitable and sustainable
The current National Pension and Provident Fund (NPPF) with 65,267 members from the civil service, government corporations and the Armed Forces is looking at major reforms, of which the main one will be how it calculates and pays out pensions to make it equitable and sustainable. The NPPF Pension and …
Read More »MoEA says harvesting more timber and processing it could lead to Nu 50 bn in annual revenue and Nu 194 bn in value addition
The Ministry of Economic Affairs (MoEA) and the Ministry of Finance (MoF) in their reports to help the economy recover from the COVID-19 have recommended for opening up the timber industry and having a bigger wood based industry. The MoF recommends privatizing logging activities in designated sites by Department of …
Read More »PM denies any political intervention in MLCP controversy
The Prime Minister Dr Lotay Tshering denied any political intervention in the violation of the FDI rule in the Multi Level Car Park (MLCP) project. As per Section 10 of the FDI Rules and Regulations 2019 it says, ‘The FDI company shall retain 100% of the foreign equity invested in …
Read More »Speaker thanks His Majesty for COVID leadership on behalf of a grateful Nation
The Speaker Wangchuk Namgyel paid tribute to His Majesty The King for His Majesty’s leadership in fighting COVID-19, and in doing so expressed and channeled what a lot of Bhutanese have been feeling in the past few months. He said His Majesty the King has always shown great compassion and …
Read More »MoEA proposes to allow External Commercial Borrowing for all and also cash flow based loans by banks
Also calls for Micro Finance for small businesses outside banking system and relaxing rules to list on the stock exchange to raise capital The Ministry of Economic Affairs (MoEA) as a part of its recommendations to help the economy recover from COVID-19 has recommended certain measures to ease access to …
Read More »MoEA recommends tax incentives, convertible currency supply and predictable power tariff for competitive industries
The Minister of Economic Affairs (MoEA) has come up with a slew of measures to help Bhutan’s manufacturing sector which has been impacted by COVID-19. Convertible currency to purchase cheaper raw materials from third countries The MoEA says that it is economically viable to support Bhutanese industries that cater to …
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The Bhutanese Leading the way.