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 …
Read More »Record Nu 8.9 bn fiscal deficit expected for 2020-21 budget
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 …
Read More »MoE to provide tuition classes instead of private tuition
After learning that teachers of both public and private schools are providing tuitions to students to earn money, the Ministry of Education (MoE) will not allow teachers to provide private tuitions to students. Instead, the government will have the schools provide free tuitions to students in the form of remedial …
Read More »NA session to be dominated by big new taxation legislations, Fiscal Incentives and Pay Revision Bill 2020
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 …
Read More »BHEL seeks till Jan 31st 2020 after missing 15th December deadline in Mangdechu
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 …
Read More »Though not happy with fee revision private schools decide to give in
The Prime Minister, during the meeting with the Association of Private Schools (APS), had announced that for the 2020 academic session, the government will provide 2,700 students to the private schools. The schools were asked to either choose a revised fee structure of Nu 35,000 per each day-scholars and Nu …
Read More »Bhutan sees large rush of regional tourists eager to beat SDF fee
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 …
Read More »Hotel Bubble: TCB advises people to not invest in new Hotels in Western Region
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, …
Read More »MoE to reduce admission age from 6 to 5 years by 2020 or 2021
Prime Minister Dr Lotay Tshering, during the Meet-the-Press session, on 27 December announced that in order to make it possible for the children in Bhutan to join the National Service at the age of 18 years, the admission age to enroll children in pre-primary grade will be reduced to 5 …
Read More »National Service: The reform of our times to be instituted by 2022
The key focus and main announcement of His Majesty The King’s 112th National Day address was the announcement of Gyalsung or National Service. His Majesty’s address did not announce the Gyalsung right away but the entire address built up to it by identifying some key challenges and issues for Bhutan …
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The Bhutanese Leading the way.