BHUTAN TODAY The New Perspective

Bhutan is currently facing a significant challenge in the form of a widening fiscal deficit and a rapidly increasing public debt. The latest report attributes this alarming situation to limited revenue growth and a surge in public spending. As of March 2023, the cumulative deficit has reached an astonishing Nu. 267 billion, and the government anticipates borrowing an additional Nu. …

Strengthening Qualified Candidates: A Path to Effective Governance in Bhutan n a small country like Bhutan, it is high time to establish a limit on political parties, allowing for a maximum of two to three parties. The primary reason behind this proposition is the matter of expenses, as the benefits derived from numerous parties are minimal. Bhutan already has three …

…𝑷𝒖𝒃𝒍𝒊𝒄 𝑨𝒄𝒄𝒐𝒖𝒏𝒕𝒔 𝑪𝒐𝒎𝒎𝒊𝒕𝒕𝒆𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 𝑹𝒆𝒗𝒆𝒂𝒍𝒔 𝑶𝒗𝒆𝒓𝒃𝒖𝒓𝒅𝒆𝒏𝒆𝒅 𝑪𝒊𝒗𝒊𝒍 𝑺𝒆𝒓𝒗𝒂𝒏𝒕𝒔, 𝑫𝒆𝒄𝒓𝒆𝒂𝒔𝒆𝒅 𝑴𝒐𝒓𝒂𝒍𝒆, 𝒂𝒏𝒅 𝑰𝒏𝒆𝒒𝒖𝒊𝒕𝒂𝒃𝒍𝒆 𝑫𝒊𝒔𝒕𝒓𝒊𝒃𝒖𝒕𝒊𝒐𝒏 𝒐𝒇 𝑾𝒐𝒓𝒌𝒍𝒐𝒂𝒅𝒔 𝒂𝒏𝒅 𝑹𝒆𝒔𝒐𝒖𝒓𝒄𝒆𝒔 By Phurpa Wangmo & Sonam DekiIn accordance with the report from the Public Accounts Committee (PAC), there has been a steady decline in the number of civil servants over the past year. Consequently, serving civil servants find themselves overwhelmed by additional responsibilities, mounting …

…𝑨𝒔 𝒐𝒇 𝑴𝒂𝒚 2023, 𝒕𝒉𝒆 𝒑𝒖𝒓𝒄𝒉𝒂𝒔𝒊𝒏𝒈 𝒑𝒐𝒘𝒆𝒓 𝒐𝒇 𝒕𝒉𝒆 𝑵𝒈𝒖𝒍𝒕𝒓𝒖𝒎, 𝒂𝒔 𝒎𝒆𝒂𝒔𝒖𝒓𝒆𝒅 𝒃𝒚 𝒕𝒉𝒆 𝑪𝑷𝑰, 𝒔𝒕𝒂𝒏𝒅𝒔 𝒂𝒕 𝑵𝒖. 58 𝒄𝒐𝒎𝒑𝒂𝒓𝒆𝒅 𝒕𝒐 𝑫𝒆𝒄𝒆𝒎𝒃𝒆𝒓 2012. 𝑻𝒉𝒊𝒔 𝒎𝒆𝒂𝒏𝒔 𝒕𝒉𝒂𝒕 𝑵𝒖. 100 𝒊𝒏 𝑴𝒂𝒚 2023 𝒊𝒔 𝒆𝒒𝒖𝒊𝒗𝒂𝒍𝒆𝒏𝒕 𝒕𝒐 𝑵𝒖. 58 𝒂𝒕 𝑫𝒆𝒄𝒆𝒎𝒃𝒆𝒓 2012 𝒑𝒓𝒊𝒄𝒆𝒔 Tshering DorjiIn a recent report by the National Statistics Bureau, it has been revealed that consumer goods and services experienced …

…𝑷𝒖𝒃𝒍𝒊𝒄 𝑨𝒄𝒄𝒐𝒖𝒏𝒕𝒔 𝑪𝒐𝒎𝒎𝒊𝒕𝒕𝒆𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 𝒓𝒆𝒗𝒆𝒂𝒍𝒔 𝒓𝒊𝒔𝒊𝒏𝒈 𝒅𝒆𝒇𝒊𝒄𝒊𝒕, 𝒓𝒆𝒂𝒄𝒉𝒊𝒏𝒈 𝑵𝒖. 14,572.038 𝒎𝒊𝒍𝒍𝒊𝒐𝒏, 𝒘𝒊𝒕𝒉 𝒍𝒊𝒎𝒊𝒕𝒆𝒅 𝒓𝒆𝒗𝒆𝒏𝒖𝒆 𝒈𝒓𝒐𝒘𝒕𝒉 𝒂𝒏𝒅 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆𝒅 𝒑𝒖𝒃𝒍𝒊𝒄 𝒔𝒑𝒆𝒏𝒅𝒊𝒏𝒈 𝒊𝒅𝒆𝒏𝒕𝒊𝒇𝒊𝒆𝒅 𝒂𝒔 𝒌𝒆𝒚 𝒇𝒂𝒄𝒕𝒐𝒓𝒔 Phurpa WangmoAs per the review report disclosed by the Public Accounts Committee, there has been a consistent rise in the government’s fiscal deficit in recent years. The deficit increased from Nu. 3,385.374 million in the fiscal year …