The Department of Immigration in a notification on 1st June had said that entry of foreign workers in the professional and skilled category would be allowed in priority sectors. It said that entry of even those in the labour category will be allowed after quarantine facilities have been identified and …
Read More »MoH running 10,000 plus COVID-19 tests along Southern border, Thimphu and Paro to check for Community Transmission
This will be Bhutan’s biggest Serological surveillance looking for COVID-19 antibodies The Health Minister Dechen Wangmo said that the Ministry of Health, starting from 30th July to 4th August is conducting more than 10,000 COVID-19 tests using Rapid Test Kits or Rapid Diagnostic Test (RDT). Lyonpo said that this will …
Read More »Govt doing a stress test of COVID-19 plans to prepare for Community Transmission
Right from even before COVID-19 hit Bhutan, the government started making various plans on the steps to take in case there is community transmission in Bhutan. The government is currently engaged in a massive stress testing of its plans and is looking to improve it as the situation in the …
Read More »As Non Performing Loans reach a record 22 percent or Nu 33 bn a new high level committee to focus on resolving it
This maybe one thing that cannot be blamed on COVID-19 but is a core problem in the heart of Bhutan’s Financial System that has been growing over the years, and is now big and serious enough to threaten the very stability of the entire Financial System, if something is not …
Read More »Govt to go in for long term bonds to fund fiscal deficit
The 2020-21 Financial Year budget of the government has a gaping and record fiscal deficit hole of 7.36 percent or Nu 15.329 billion (bn). Of this amount the government plans to borrow Nu 13.592 bn from the domestic borrowings. While a portion of this amount will be met with the …
Read More »Bhutan surrounded by COVID-19 cases along its 699 km border with India
With increasing cases of smugglers and people crossing the international boundary of Bhutan with India, there is a huge and growing risk of community transmission coming in Bhutan via a person who gets across undetected but carries the virus. Bhutan shares its boundary with four Indian states starting from Sikkim …
Read More »Bhutan making early efforts to get a share of an eventual COVID-19 Vaccine
There are around a 100 COVID-19 vaccines under development by various countries around the world with two of them ahead of the pack and showing promising results in trials. One of them is the Oxford University vaccine that is already in the stage three of mass human trials as announced …
Read More »Civil Service Exams to be delayed by three months
PE may be held in in October and ME towards end of December The much awaited Bhutan Civil Service Exams (BCSE) will be delayed by around three months. The RCSC Chairperson Karma Hamu Dorjee said that in a normal year students start registering for the BCSE Exams by mid June …
Read More »Bhutan testing more as India crosses 1 mn cases
India maybe the next global hotspot for COVID-19 Neighboring India crossed a million COVID-19 cases late on Thursday around 170 days after it saw its first case in Kerala. As of today it has 1.115 mn cases and 28,084 deaths. In addition to this, the neighboring states of West Bengal …
Read More »Govt looking to invest billions outside for better returns
The Ministry of Finance (MoF) and the Druk Holdings and Investment (DHI) are working together to invest Bhutanese funds in financial markets and instruments abroad to generate better returns for the government. The aim is to also take advantage of this COVID-19 period where global stock markets have experienced a …
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The Bhutanese Leading the way.