BBSCL

With around Nu 10.6bn received in foreign grant in the last financial year, Bhutan's foreign grant has dropped by over 26 per cent compared to the previous year. Bhutan received around Nu 14.4bn in the 2022-2023 fiscal year, according to the Annual Financial Statements. This change came as Bhutan transitioned from a Least Developed Country to a developing nation, impacting...

Good news for resigned teachers. The Ministry of Education and Skills Development has announced that all resigned teachers residing both within and outside the country can now register for recruitment on consolidated contracts. The notification specifies that resigned teachers should be regular. This initiative aims to address subject shortages, maintain education quality, and fill vacancies caused by retirements, resignations, and...

Samtse district has received Nu 299.4 M under Phase 1 of the High Impact Community Development Project (HICDP), previously known as the  Small Development Project.  The government approved the budget recently. The fund will be used for various projects, including farm road improvement, water supply enhancement and the development of market facilities, according to the district administration. The district’s annual...

The government underspent by more than Nu 6bn in its capital expenditure during the 2023-24 fiscal year, falling nearly 19 per cent short of its revised capital budget. A capital budget is the government's fund for long-term investments like infrastructure, schools, hospitals, roads, and development projects. According to the Annual Financial Statements released by the Ministry of Finance, the revised...