Reform will include increasing PIT slab and introducing GST by next year The Ministry of Finance (MoF) is in the midst of drafting a comprehensive tax re-haul and reform measures which are targeted to be implemented by 2020. Lyonchhen said that the government, as part of measures to increase internal …
Read More »As media faces extinction via e-procurement, PM gives assurances
Opposition says e-procurement cannot be allowed to lead to a weak media There is a great deal of concern within media houses on the revenue impact of E-procurement on an already ailing media sector. E-procurement involves the government placing advertisements on a website, instead of in the media with the …
Read More »His Majesty The King graced the closing ceremony of the first session of the Third Parliament
Austerity is coming
MoF sends out cost cutting circulars to government agencies as part of a new austerity drive However, its effectiveness is yet to be seen given that such past measures did not address the core causes of government flab and in-efficiency The Ministry of Finance (MoF) has sent out a circular …
Read More »30 ministerial rank individuals spent Nu 370 mn in ‘hospitality and entertainment’ in last 10 years
MoF to draw up guidelines to put a cap and control this expenditure A ‘Financial Thrift’ report compiled during the interim government period found that the lack of a cap or rules on actual ‘hospitality and entertainment’ expenditure has led to huge expenses by 15 ministerial ranks from 2008 to …
Read More »Parents and students of Japan case request ACC for reinvestigation
They expressed dissatisfaction with the government’s response so far The representative of the parents and students of the Japan’s learn and earn program submitted a letter of appeal to Anti-Corruption Commission (ACC) on 21st January, for the office to reinvestigate the case on what they allege are excessive fees charged …
Read More »Bhutan’s hydro has a future provided it can stay competitive against India and Nepal: Hydro Report
As Bhutan develops multiple hydro projects an important question to ask is not only on the price of the projects or its loan component and tariff rates, but more importantly, on the future power market scenario for Bhutan’s existing and upcoming projects. The Hydropower Committee Report addresses this issue by …
Read More »Air quality in Thimphu hits permissible ceiling
Bhutan, for too long has been basking in the glory that came along with the carbon neutral status which also has distinguished the country globally for 81 percent of the country’s forest coverage, protected national parks, nature reserves and wildlife sanctuaries. Going by this, the quality of air in the …
Read More »A deep dive into Bhutan
ISBS leads to a ‘Bhutan Studies’ in its own right and a better insight into Bhutan on its own terms As any Bhutanese will be acutely aware, Bhutan is broadly defined in two ways. One, is that of a small but strategically important country lodged in between two giants along …
Read More »Ex-PM’s Key-note address at Oxford focuses on Monarchy, Sovereignty, Culture, Democracy, Environment, GNH and welfare
The Former Prime Minister Dasho Tshering Tobgay delivered the main key note address at the Sheldonian Theatre in Oxford University on 9th January as the main event of the three-day International Society of Bhutan Studies (ISBS) conference. The topic given to the former PM was, ‘Does Bhutan Matter? Stories from …
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The Bhutanese Leading the way.