Currently, the biggest challenge that Bhutan faces is the state of the economy. It is of no coincidence that the economy became one of the biggest election issues, and in the end helped decide the electoral outcome. Some may be satisfied in voting out the previous government, which was either …
Read More »GJM allows schools to reopen on Sept. 13
In a significant move, the Gorkha Janmukti Morcha (GJM) decided on Thursday that schools in Darjeeling would be reopened from September 13 after more than a month, though it maintained that the on-going agitation in support of Gorkhaland would continue. The decision came after a meeting of the GJM leadership …
Read More »Norwegian Ambassador meets PM
Ambassador of Norway to Bhutan, H.E. Mr. Eivind S. Homme called on Lyonchhen Tshering Tobgay, yesterday at the Gyalyong Tshogkhang. Lyonchhen and Ambassador Homme discussed on the global climate change, environment conservation through substituting fossil fuel use with more sustainable and renewable forms of energy, promoting the use of electric …
Read More »The Rupee crisis macroeconomic causes and cures (Part 4 of 5)
Continuation of sub-topic- Third cause of INR Shortage: Terms of Trade Deterioration When trying to solve the INR problem, it is not only important to consider merchandize trade but also trade in services. Tourism, which is an invisible export, helps offset the current account deficit of our country. However, the …
Read More »Syria ready for U.S. attack, been expecting one for years: Nahlah Ayed
Assad long felt himself to be in America’s gunsights Bashar al-Assad’s regime has been shadow boxing with the prospect of a U.S.-led attack for years. That one is now being threatened must seem to Assad like proof he was right all along. In many conversations with Syrian officials over the …
Read More »The rupee crisis macroeconomic causes and cures (Part 3 of 5)
Continuation of sub-topic – Second cause of INR Shortage: Divergence in Inflation Suitability of relative weights can be judged from drinks and meat in the consumer basket. Beer gets 0.56% weight and fruit juice is given 0.64%. Domestic spirit, which is ubiquitously consumed, gets 0.65% light weight. Drinks seem to …
Read More »Response to, “Bhutan Could Lose Bil¬lions In Revenue In 11th Plan Due To Delay In Punatsangchu I”
I expected this problem long time ago even much worse should be expected but who will listen to us. They just underestimate us. I am not really sure where the sinking activities are going on as I cannot see it on Google earth map. As a concerned citizen of my …
Read More »From Request to Right to Information
The initiative of the new government to introduce the long awaited Right to Information Bill in the first session of Parliament will be another important step forward for Bhutanese democracy. The government of the day must of course be appreciated for such a move and for keeping one of its …
Read More »The Rupee Crisis Macroeconomic causes and cures (Part 2 of 5)
Depending on the marginal propensity to import, Nu 2.9 may finally result in substantial INR equivalent requirement as a creditor converts her Nu holding into INR for import purposes. For example, if marginal propensity to import is 0.63, as my rough estimation show, an increase in gross national disposable income …
Read More »Towards a competitive, efficient and lucrative marketing system
The policy aims to develop an agricultural marketing system to influence agricultural production plans in response to domestic, regional and global market dynamics Domestic market demand for agricultural produce is considered to be limited, given the country’s population, with relatively low income and the unique dietary preferences of the Bhutanese …
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The Bhutanese Leading the way.