By Chimi Wangmo The Royal Monetary Authority (RMA), in the 2nd quarter of 2021, recorded a total of 35.81 million transactions worth Nu.177.23 billion which were made through the digital channels. This is an increase of 12.19% and 6.12% by volume and value respectively compared to the previous quarter. Further, a significant increase of 175.72% was observed in the Payment …

Increasing national debt and fiscal deficit prompts the question whether Bhutan is a spendthrift By Tashi Namgyal The government will only have around Nu 1.3 million at their disposal in the form of capital expenditure during this fiscal year. Attributed to mounting expenditures as against the income over the last couple of years, the fiscal year 2021-22 has projected the …

Staff Reporter To commemorate the birth anniversary of the Third Druk Gyalpo this year, the Embassy of India organized an India@75 Art Competition in collaboration with Sherubtse College, Royal University of Bhutan. The Indian Embasy in Bhutan stated ‘the Third DrukGyalpo, known as the ‘Father of Modern Bhutan’, was also the founder of Sherubtse College, Bhutan’s first tertiary educational institution, …

By Chimi Wangmo On October 12, His Majesty The King and Her Majesty The Gyaltsuen graced the formal inauguration of the A5-JKW Drukair Aircraft at Paro Airport. The Aircraft, named in honour of His Majesty The King, was purchased in March 2020 before the pandemic began. Their Majesties also toured the airport, where a major facelift has been completed. A …

By Rinchen Dorji Ten years ago, on October 13, 2011, Bhutan witnessed one of the most historic milestones in our modern history –His Majesty The King wed commoner Jetsun Pema – the fairytale had begun then. The union of these two souls permeates even more significance in our historical perspective as it would ensure the continuity of the Wangchuck lineage, …

By Tashi Namgyal Thimphu The Office of the Attorney General (OAG) received as many as 1060 cases in general in 2020, witnessing a marginal increase of 120 cases compared with the previous year. The OAG radiated positivity simultaneously as the number of crimes against womenalso dropped significantly. The Office received five case reports involving thirteen individuals from the Anti-Corruption Commission …

By Phurpa Wangmo His Majesty The King visited Lunana this week, and granted Lagthram to the 191 households who are receiving Land Kidu in Goenshari, Punakha. A statement from the Royal Office for Media (ROM) stated that His Majesty The King granted Khimsa land Kidu to people of Lunana in Goenshari, to ensure that they have safe and comfortable winter …

By Phurpa Wangmo In the very first of its kind, the 180 kilowatt solar plant at Ruebisa in Wangdue was solely executed by local contractors and no foreigner’s specialist were involved in the project. The supply, installation and commissioning of the pilot solar project was supposed to be completed within four months. However, due to the Covid-19 pandemic and recurrent …

By Tandin Wangchuk While fixing of accountability is crucial for treatment and prevention of corruption, the Royal Audit Authority (RAA) states there are some agencies who have not taken appropriate actions against individuals involved in corrupt practices. This, the Authority say, is one of the biggest impediments to fighting corruption in the country. While the actions to be taken solely …