Better Business Council to be set up

Bhutan will set up a Better Business Council to improve the economy and ease of doing business, the economic affairs minister told journalists yesterday. Sharing the importance of the body, Lyonpo Norbu Wangchuk says that it would be chaired by the Prime Minister and members from the government and private sector.

“It is the high time we learn to work together,” Lyonpo says reasoning the importance of involvement of both parties.

Lyonpo hopes that the joint-partnership is the way forward to issue the challenges in our economy. “We cannot work opposed to each other and BBC is our wish that it could be an important step to determining economic policies, give directions to laws and regulations related to economy,” he adds.

Sharing his concerns of the present economic scenario in our country, Lyonpo talked on conducting “Meet the Business” program which will address some business houses aggrieved from system and policies. As well the program aims to create opportunity for the government and business people to interact at individual level.

The program is to be conducted in line with the meet the people program once every week. Lyonpo says that government is planning to make it effective and shared the need of a secretariat. He assured that the work is ongoing and very soon it would be put in place.

Lyonpo also said recommendations from the three days Better Business Summit should be taken seriously.

The Better Business summit objective was to bring together government and private sector as well international participants to share their ideas, exchange their views on the economy challenges to overcome.

The Better Business Summit was conducted a month ago which was attended by 150 leaders across the globe. The summit aimed at collaborative solutions to three set of challenges: economic competitiveness, promotion of entrepreneurship and employment and ensuring a green economy.

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