Govt. has no authority to regulate interest rates – Finance Minister

Finance Minister Namgay Tshering maintained that the government has no control over regulating interest rates on loans given by the banks during the Question Hour session at the National Assembly yesterday. The finance minister was responding to the query from Member of Parliament from Athang-Thedtsho Constituency Kinley Wangchuk, who asked the finance minister whether the […]

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Finance Minister quizzed on revenue loss due to fiscal incentives

Responding to a question on revenue foregone owing to fiscal incentives during the Question Hour session of the National Assembly yesterday, the Finance Minister said fiscal incentive is a mechanism to boost private sector growth and has benefitted many companies particularly cottage and small industries, and education, health, and agriculture sectors. Member of Parliament (MP) […]

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More than eight acres of maize damaged in Yangnyer gewog

Pests have damaged eight to nine acres of maize plants belonging to about 30 households in Kharza-Leyphu chiwog, Yangnyer gewog in Trashigang. It has been more than a month since the pest suspected to be stem borer has started affecting the corns grown by the villagers. According to the agricultural officials in Trashigang, suspected stem […]

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Govt. outlines plans to curb mass regional tourists

Levying Sustainable Development Fee, either Nu 3,000 for each tourist or Nu 300 per day per tourist, is one of the possible solutions suggested Foreign Affairs Minister Dr. Tandi Dorji was questioned on the government’s policies and plans to regulate mass regional tourists by Deputy Chairperson of National Council (NC) Jigme Wangchuk during the NC […]

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