BHUTAN TODAY The New Perspective

By Tashi Dendup The European Union (EU) committed its support of 31 M Euros to Bhutan for the next EU programming period which begins from 2021 to 2027. The gesture comes despite the EU withdrawing their support in early 2020. The Gross National Happiness Commission’s (GNHC) Secretary said other development partners also assured their assistance. A government press release stated …

12th Plan Capital Outlay will be reviewed and revised based on the implementation progress status and the resource mobilization position. Tashi Namgyal/Thimphu The capital outlay for Central Agencies is revised from Nu 50,000 million to Nu 56,233.82 million for the 12th Plan period. From the initial outlay of Nu 36,701 million to the revised outlay of Nu 41,581 million, the …

Staff Reporter The Royal Insurance Corporation of Bhutan’s (RICBL) shares held in the name of Sungchob Fund and Kidu Fund closed at a final price of Nu 73.05 per share, this week. The Royal Security Exchange of Bhutan floated more than 15 million shares at a floor price of Nu 72.5 per share. RICBL stated that more than 5,000 investors …

Tashi Namgyal/Thimphu A notable feature of the 12th Plan is the Flagship Program. Flagship Programmes are interventions to address high priority national issues that require multi-sectoral collaboration and coordination in a concerted manner through various sectors of the economy. Nine flagship programmes are under various stages of implementation. The outlay for Flagship Programs has been revised from Nu 15,000 million …

To enhance governance and coordination, the DDM and WFP have developed a Roadmap for Disaster Risk Management in Bhutan By Phurpa Wangmo To better prepare Bhutan for natural disasters including earthquakes, floods, glacial lake outburst floods (GLOF), landslides and forest fires, the government has made substantial progress in Disaster Risk Management (DRM). The Disaster Management Act established the National Disaster …