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For a project whose costs escalated from the estimated Nu 35 bn at 2006 price levels to around Nu 97 bn today, one would have expected the Punatsangchu Hydroelectric Project Authority Management (PHPA) -I  to be more thrifty but an audit report shows otherwise. A joint audit report of the …

Infinity and ILFS will however have to show bills to claim the above In a final step to bring closure to the Bhutan Education City (BEC) project, the government has agreed to pay Nu 99.38 mn to the BEC project developers Infinity and Infrastructure Leasing and Financial Services (ILFS) to …

Yangphel CEO confident of a turnaround with improved approach road  In 2011 the National Pension and Provident Fund (NPPF) and Yangphel Housing partnered together on a ‘Home Ownership Project’ designed especially for NPPF members by starting the construction of 136 apartments in a three acre land in Kabesa, Thimphu. However, …

The Office of the Attorney General (OAG) has said that it would go by the Anti Corruption Commission’s (ACC) decision on the issue of appealing the Lhakhang Karpo case to the High Court. Attorney General (AG) Shera Lhendup said, “As justice should not only be done but must seen to …

Govt also assures that both P I and P II are flood proof and insured After the Lemthang Glacial Lake Overflow Flood (GLOF) that occurred on the Mochhu river on 28th June, the government has decided to go for a reassessment of all 2,674 glacial lakes in Bhutan’s highlands and …

The Royal Audit Authority (RAA) in its 2014 Annual report has carried out a limited review of 10th plan activities covering 14 Dzongkhags and found wasteful expenditure, planned activities not being carried out and delays in various projects like farm roads, BHUs, school, irrigation canals, local government offices etc. Waste …

The Royal Audit Authority (RAA) Annual report says the compared to Nu 261.46 mn in 2013 the irregularities in 2014 has increased by 142 percent at Nu 634 mn. In a comparative analysis for the last five years since 2010 this is the third highest figure. In 2010 there was …

The main focus of Prime Minister Tshering Tobgay’s annual report titled ‘State of the Tsa-Wa-Sum’ focused on the economy. Lyonchhen said that the economy was recovering along with which he laid out various economic activities, plans and priorities. Lyonchhen reminded the nation that two years ago the country faced unprecedented …

The Opposition Party in a press conference pointed out what they said were drawbacks, unaddressed issues and even repackaged issues in the Prime Minister’s annual report. Panbang MP Dorji Wangdi said, “I would like to respectfully say that the State of the Nation Report (SOTN) was much ado about nothing.” …

During the recent Parliament proceedings in response to a question from the Opposition on employment the Labour Minister Ngeema Sangay Tshempo said that he could employ all the youth but they did not want the blue collar jobs available. This has been the staple institutional response by governments over the …