The COVID-19 pandemic continued with its onslaught on slowing down the economic growth. The economy is still in its recovery mode. In the month of May, labour import and use were made more liberal to help revive the economy. The Royal Monetary Authority (RMA) froze loans of BDBL, RICBL, and …
Read More »Contract teachers to be reinstated after reassessing their performance as teacher shortage bites
With the increasing number of teachers either resigning from work or taking the Extra Ordinary Leave (EoL) and then resigning, the Human Resource Committee members of the Ministry of Education (MoE) will be reassessing the 205 National Contract Teachers (NCT) and Regular Contract Teachers (RCT) to extend their contract period. …
Read More »Bhutanese heading to Australia face a housing crunch and rising rents
The Facebook page of the Association of Bhutanese in Perth Incorporated (ABPI) with around 8,900 members is a good place to go to to get a pulse of what is happening in the largest Bhutanese settlement in Australia. The posts from members are usually about social events, job openings, business …
Read More »Foreign reserves to last for a year and half: PM
In the State of the Nation Address (SOTN), Prime Minister Dasho Dr Lotay Tshering briefed the nation on the status of the foreign reserves currently, at USD 776.63 million (mn). According to the SOTN, the net financial inflows which finances the current account deficits has been decreasing due to lower …
Read More »Performance Management System does not mean Draconian Executives: RCSC Chairperson
The Royal Civil Service Commission (RCSC) is in the midst of reforming the Performance Management System (PMS) to measure the performance of civil servants, and at the same time, ensure better accountability by working closely with senior executives. However, there are already online accounts of civil servants complaining about their …
Read More »His Majesty The King granted citizenship Kidu to 579 individuals
His Majesty The King granted citizenship Kidu to 579 individuals at the Tendrelthang on 24th November 2022. The recipients took part in an Oath Taking Ceremony, and received an Audience with His Majesty The King. His Majesty The King has granted citizenship to around to 25,000 people till date, in …
Read More »Watching World Cup matches and winning prizes using MPAY
Bhutanese World Cup fans can take part in two World Cup events supported by BNB. They can firstly watch live world cup matches for free on a large screen at the volleyball ground in Changlimithang in a collaboration between the Bhutan Football Federation and the Bhutan National Bank. The facility …
Read More »Maternity allowance on hold due to lack of recurrent budget
Although the Ministry of Health (MoH) completed the required plans and preparations for rolling out the maternity allowance and was supposed to implement the maternity allowance last year, but it was kept on hold over funding issues. During the Question-Hour session in the National Assembly, the Member of Parliament (MP) …
Read More »Lyonpo says double notification on tax as some changes were anticipated in Tax Bill
Last week this paper reported that a notification from the Ministry of Finance saying taxes are to only be collected later at the border and point of sale retroactively only once the Tax Bill is passed, would lead to millions in loss of revenue since importers would know the taxes …
Read More »Section 31 of the Civil Service Bill to do with OAG powers removed by NC’s Legislative Committee
The Legislative Committee informed the National Council that the committee retained most of the amendments made by the National Assembly on the Civil Service Reform Bill of Bhutan 2022. However, during the course of deliberation, a few members were of the opinion that Section 31, which was removed by the …
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