September 26, 2013
Today, the Finance minister presented a report on the salient features of the 11th Five Year Plan (2013-18) to the National Council of Bhutan.
It was reported to the House that the priorities of the 11 FYP are to reduce poverty, address unemployment and solve the problem of rupee crunch. He outlined 16 broad areas of the plan within the parameters of the Four Pillars of Gross National Happiness which are aimed at national self reliance by the year 2020. The Minister said that addressing these challenges would not be easy with the limited resources available and, as such, he pointed out that only the most essential and urgent requirements have been prioritized in the 11th FYP.
After the introduction of the plan, the Hon’ble Finance Minister responded to questions raised by the members on INR shortage, youth unemployment, issues related to rural-urban migration, Read More »
September 25, 2013
Today, the House continued with the deliberation on the Budget and Appropriation Bill 2013-14 for adoption.
The House deliberated at length and submitted their recommendations for adoption along with the bill. Emphasizing more on the allocation of budget on the sector activities, the members submitted several recommendations such as procedures for allocation of budget in the Dzongkhags for development activities, separate budget for farm road construction, need for the agricultural sector to emphasize on agricultural growth, study to promote tourism in Dagana and Tsirang Dzongkhags, construction of farm roads at Lunana, need for integrated rural development policy, feasibility study for improving public transportation services, purchase of duty vehicles for Drangpons, renovation of Chagri Dorjidhen, budget allocation to all dzongkhags to deal with human-wildlife conflict, detailed project report (DPR) for hydropower projects to be looked at by a third party etc.
Later in the afternoon, the House had a Question Hour session with the Hon’ble Minister of Finance. The Hon’ble Member from Ha submitted his question on the measures the current government is taking to bridge the gap between the rich and the poor in the country. Read More »