The proposal is for a more dynamic annual or multi-year rolling system He says government has started the process in the way it will now allocate the budget In what is a major reform, the Prime Minister’s office is at the heart of initiating a major change in the current …

This revamped breast feeding allowance would cost Nu 1.5 to Nu 1.3 bn during this government’s remaining tenure and Nu 1.8 bn over a 5-year period In a major development, the cabinet on 6th January approved the Nu 1.8 bn ‘Accelerated Mother and Child Healthcare Allowance,’ for the next five …

While the official 12th plan is Nu 310 bn with a fiscal deficit of Nu 29 bn it is well known that the real deficit could be up to Nu 40 bn due to DNT’s various pledges outside the plan. Fiscal deficit is the gap between the total resources available …

GST, Income Tax Act, Property Tax, FI 2020, Supplementary Budget and Tourism Levy Exemption all coming in this mega finance NA session The third session of the third Parliament of Bhutan scheduled from 15th January to 6th March 2020 will see a host a taxation laws and amendments coming into …

The plan was for the 720 MW Mangdechu project to generate around 3 bn units a year at the rate of Nu 4.12 a unit to generate Nu 12.3 bn in revenue of which around Nu 4 bn would be deducted for loan repayment. This may still be possible if …

The Prime Minister on 3rd December had written to the Royal University of Bhutan (RUB) requesting it to relocate the Gedu College of Business Studies from its current location in Gedu. The PM in the letter said that the national fertility rate had dropped to 1.7 percent and primary school …

With the GDP growth rate hitting the second lowest recorded low of 3.03 percent in 2018, slowing of credit due to a liquidity crunch and its impact on large sections of the private sector- the situation looks bleak. The Bhutanese asked the Finance Minister and Prime Minister on the government’s …

There was a big twist in the disappearance and death case of nine-year-old Dena Koirala earlier this week when the the forensic report submitted by the forensic team says that the probable cause of death of nine-year-old Dena Koirala is due to ‘Ligature Constriction’ or strangulation which happened before any …

December is actually a low season time The month of December is usually regarded as a low season for tourism in Bhutan, but the country is in the midst of a huge rush of regional tourists coming in from India and also Bangladesh. The main reason seems to be rumors …

TCB draft study found Thimphu, Punakha and Paro already had an excess of 35 tourist standard hotels with 232 more cleared for construction from 2016 to 2019 By now even an average Joe on the street would have noticed the excessive number of hotels coming up in Thimphu and Paro, …