Budget planning not necessary for pledges: PM

The opposition has criticized the government for lack of vision and clarity and unambitious 12th Five Year Plan The government has not allocated specific budget for some of the pledges but it is confident of fulfilling them and achieving self-sufficiency, said Prime Minister Dr. Lotay Tshering at the Friday Meet session yesterday. On Thursday, the […]

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Boulder exporters complain of delay in payments from importers

The delay in receiving payments from importers is a major issue confronted by boulder exporters while exporting boulders from Bhutan to Bangladesh. It has been learnt that payments for some exporters were blocked for months even after having had delivered the boulders to the destination. The exporters feel there could be discrepancy between the importers […]

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Dependence on hydropower creates weak private sector

Bhutan’s dependence on hydropower has resulted in weak private sector development and also created macroeconomic vulnerabilities though the country’s growth has been driven mainly by the public sector through hydropower development. A 2019 World Bank report titled ‘Bhutan development report: a path to inclusive and sustainable development; macroeconomics, trade, and investment global practice’ found that […]

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No grounds to reinvestigate BEO case: ACC

Based on the investigation findings, the ACC has forwarded the criminal charges to the Office of the Attorney General (OAG) The Anti-Corruption Commission (ACC) has declined to reinvestigate the case on ‘Learn and Earn’ program in Japan. The ACC Commissioner, Jamtsho, told Business Bhutan that the ACC does not see any ground for reinvestigation on […]

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