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World Bank approves USD 40 M for disaster resilience

World Bank approves USD 40 M for disaster resilience

The World Bank has approved a USD 40 M financing package to help Bhutan address the growing challenges posed by climate change and natural disasters. Being heavily reliant on its hydropower sector, Bhutan faces increasing risks from natural hazards such as glacial lake outburst floods (GLOFs), earthquakes, and wildfires. The financing aims to improve Bhutan’s ability to prepare for and...

National Teaching Service, framework to be rolled out by next year

National Teaching Service, framework to be rolled out by next year

The National Teaching Service, a dedicated framework to professionalise and improve teachers will be rolled out by next year. During the Meet the Press session on Friday, Education and Skills Development Minister Yeezang De Thapa said the framework will help curb teacher shortage and create pathways for contract teachers. The minister said the ministry along with the Royal Civil Service...

Finance Minister outlines plans to curb fraud and boost transparency in financial sector

Finance Minister outlines plans to curb fraud and boost transparency in financial sector

The government will collaborate with the RMA and other stakeholders to enhance transparency and accountability and reduce fraud risks in the financial sector. Finance Minister Lekey Dorji said this while responding to questions during the National Council’s question hour session today. Monggar MP Tshering Wangchen questioned the minister on accountability in financial institutions, measures to strengthen monitoring systems, strategies to...

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