The Ministry of Economic Affairs (MoEA) and the Ministry of Finance (MoF) as part of their reports to help the economy revive from the COVID-19 impact has suggested cutting red tape for businesses as one of the key recommendations. According to a reliable source the government is taken up by …

The Health Minister Lyonpo Dechen Wangmo said the Ministry of Health is in the process of reviewing its Health Policy which will be presented to the cabinet. The current policy was put out in 2011. She said that the policy among other things will allow for private investment in health …

MoIC Minister declared his conflict of interest and did not participate in cabinet meet on MLCP says MoF Minister The Finance Minister Lyonpo Namgay Tshering said that while it is too early to say whether the Multi Level Car Park project (MLCP) project will fail or do well he said …

A Ministry of Finance report outlining a short to medium term recovery plan for the economy lists various measures being taken by the Royal Monetary Authority (RMA) to pump in billions in liquidity into Financial Institutions. The end result for this means that there should be more money for banks …

Both ministries support re-opening tourism in a safe and select way The Ministry of Economic Affairs as part its economic revival strategies and interventions after COVID-19 has recommended some reforms in the tourism sector of which the main one is liberalization of the USD 250 tariff system. It recommends that …

The question now is if the government should foot a private company’s bill indirectly by giving more concessions The International Finance Corporation (IFC) as the main advisor and facilitator of the Multi Level Car Parks (MLCPs), among its many functions, did two important things. The first is that it researched …

Will facilitate boulder exports by linking up to Bangladesh The Indian Railways have completed a field survey of the first ever railway line between Bhutan and India which will be a 37.5 km stretch between Mujnai in West Bengal and Neyopaling village under Phuentshopelri Gewog in Samtse. The location is …

But not privatization of the current free medical services The Ministry of Economic Affairs was tasked by the government as one of the key agencies to come up with various recommendations to help the economy to deal with the COVID-19 impact. The MoEA as part of its recommendations has recommended …

Space being created for 270 vegetable vendors from CFM will accommodate 57% of CFM vendors and push up commercial space from current 20 % to 38 % The two Multi Level Car Parks (MLCPs) run by the KCR Private Limited has been in the news of late over the closure …

It also says only fraction of all parking fees money in Thimphu collected by two private companies goes to Thimphu Thromde A section of the ‘Performance Audit on Urban Planning and Development in Thimphu Throm,’ report by the Royal Audit Authority (RAA) has pointed to various irregularities and inconsistencies in …