The Bhutanese Leading the way.
The Annual Budget Report for the Fiscal Year 2015-2016 was referred to the Finance Committee of the National Assembly (NA) for the first time in the Bhutan’s history. The step is in accordance to the Section 240 of NA (Amendment) Act 2014, which states the budget and the appropriation bill …
Read More »15 Dzongkhag Thromdes and 18 Yenlag Thromdes
The joint sitting of Parliament endorsed the Dzongkhag Thromdes for 15 Dzongkhags. The proposals for Dzongkhag Thromdes was put to vote one after the other with 15 of 16 proposals securing three fourth of the votes as required by the Constitution. However, voting on the Pemagatshel Dzongkhag Thomde, neither Nganglam …
Read More »Govt questioned on unhappy taxi drivers driving electric vehicles
During the question-hour session of National Assembly held yesterday, the MP of Bumdeling-Jamkhar, Dupthob, questioned the government on a recent appeal letter sent to the Prime Minster by a group of electric vehicle (EV) owners. He said that letter expressed their dissatisfaction on use of electric vehicles as taxis, and …
Read More »What the Budget has for the economic sectors
With a total outlay of Nu 45.504 bn the 2015-2016 financial year annual budget is the best indicator of the government’s plants on the economy and its various sectors. Of the Nu 45.504 bn the capital expenditure is Nu 23.476 bn which is 25 percent higher than in 2014-2015 annual …
Read More »Draft PPP policy proposes an autonomous Public Private Partnership Agency under MoF
The meet-the-people program is for all Bhutan citizens, not just those who have wealth and power or those who support the People’s Democratic Party (PDP), the Prime Minister Tshering Tobgay emphasized during the question hour session of the National Assembly on 19th May. He also said it’s very important to …
Read More »Tenancy Bill aims to give tenant and house owner equal rights
The joint sitting of the Parliament passed the Tenancy Bill 2014, with a vote of 66 to two with four abstaining. The chairperson of the joint committee, Karma Tenzin, said that the bill will benefit the society because the amendment would give equal rights and benefits to both tenants and …
Read More »Public Debt projected to increase over the years
The total debt projection for the period 2013-2014 and 2017-2018 shows an increasing trend. By the end of the period, the public debt figure is projected to be Nu 258.78 bn. The debt to GDP ratio will be over 120 percent, according to the report of the Royal Audit Authority …
Read More »His Majesty graces the opening of 5th Parliament Session
His Majesty the King graced the opening session of the fifth session of the second Parliament yesterday. His Majesty was accompanied by Her Majesty the Gyaltsuen and Members of the Royal Family. His Majesty and Her Majesty were received in traditional chipdrel ceremony by the Prime Minister, National Council Chairperson, …
Read More »The economy is improving: Economic Affairs Minister
During the 16th Meet-the-Press session, the Minister, Ministry of Economic Affairs, Norbu Wangchuk, said the economy is beginning to show signs of robustness. He said that the government had inherited an empty coffer, made worse by a debt of INR 5.4bn. He further said that they had inherited a growth …
Read More »Blue kewa datshi anyone ?
If the on-going study by the Research and Development Centre (RDC) at Yusipang is successful, Bhutanese farmers, in addition to the current potatoes variety, will be soon able to cultivate one more variety called the Adirondack Blue potatoes. The Adirondack Blue is distinguished by its blue flesh as well as …
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