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Ministry Of Finance (Bhutan)
Ministry of Finance is ministry of Bhutan is responsible to steer and sustain a robust economy through a dynamic fiscal policy and strong culture of fiscal discipline. Departments The Ministry of Finance is responsible for: *Department of Macroeconomic Affairs *Department of National Budget *Department of National Properties *Department of Public Accounts *Department of Revenue and Customs Ministers *Lyonpo Chogyal (20 May 1968 – 1988) *Lyonpo Dorji Tshering (1988 – 1998) *Lyonpo Yeshey Zimba (August 1998 – July 2003) *Lyonpo Wangdi Norbu (July 2003 – July 2007) (April 2008 – May 2013) *Lyonpo Namgay Dorji (July 2013 - 2018) *Lyonpo Namgay Tshering (7 November 2018 - ...) Source: References Finance Bhutan Bhutan (; dz, འབྲུག་ཡུལ་, Druk Yul ), officially the Kingdom of Bhutan,), is a landlocked country in South Asia. It is situated in the Eastern Himalayas, between China in the north and India in the south. A mountainou .. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Council Of Ministers (Bhutan)
The Council of Ministers ( Dzongkha: ལྷན་རྒྱས་གཞུང་ཚོགས་; Wylie: ''lhan-rgyas gzhung-tshogs'') is the highest executive body in Bhutan. It was created in 1999 by Jigme Singye Wangchuck, the fourth King of Bhutan. History of the Lhengye Zhungtshog Until 1999, Bhutan's Cabinet consisted of a council of Ministers chaired by King Jigme Singye Wangchuck. In 1999, as a major step toward democratization, the King dissolved the existing cabinet and withdrew from his role in the decision-making in the cabinet. Six new ministers were nominated, placed before the National Assembly, and voted in as new ministers. The term ''Council of Cabinet Ministers'', or "CCM," was thus born. From this group of six ministers, a chairman was selected. The selection was based on the number of "yes" votes received during the National Assembly vote. The role of Chairman rotated among members, each minister enjoying the honour for a period of one year. On July 26, 1999 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tashichho Dzong
Tashichho Dzong ( dz, ) is a Buddhist monastery and fortress on the northern edge of the city of Thimphu in Bhutan, on the western bank of the Wang Chu. It has traditionally been the seat of the Druk Desi (or "Deb Raja"), the head of Bhutan's civil government, an office which has been combined with the kingship since the creation of the monarchy in 1907, and summer capital of the country. In old British documents, it is known as Tassisudon. The main structure of the whitewashed building is two-storied with three-storied towers at each of the four corners topped by triple-tiered golden roofs. There is also a large central tower or ''utse''. History The original Thimphu dzong (the Do-Ngön Dzong, or Blue Stone Dzong) was built in 1216 by Lama Gyalwa Lhanapa (1164–1224), founder of the Lhapa branch of the Drikung Kagyu, at the place where Dechen Phodrang Monastery now stands on a ridge above the present Tashichö-dzong. In 1641 ''Shabdrung'' Ngawang Namgyal took over that Dzo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thimphu
Thimphu (; dz, ཐིམ་ཕུག ) is the capital city, capital and largest city of Bhutan. It is situated in the western central part of Bhutan, and the surrounding valley is one of Bhutan's ''dzongkhags'', the Thimphu District. The ancient capital city of Punakha was replaced by Thimphu as capital in 1955, and in 1961 Thimphu was declared as the capital of the Kingdom of Bhutan by the 3rd Druk Gyalpo Jigme Dorji Wangchuck. The city extends in a north–south direction on the west bank of the valley formed by the Wang Chhu, which flows out into India as the Raidāk River. Thimphu is the List of capital cities by altitude, fifth highest capital in the world by altitude and ranges in altitude from to .Brown, p. 97Palin, p. 245 Unusually for a capital city, Thimphu does not have its own airport, instead relying on the Paro Airport (connected by road some away). Thimphu, as the political and Economy of Bhutan, economic center of Bhutan, has a dominant agriculture and livestoc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Namgay Tshering
Namgay Tshering () is a Bhutanese politician who has been Minister for Finance since November 2018. He has been a member of the National Assembly of Bhutan, since October 2018. Early life and education Tshering was born . He received a degree of Bachelor of Science in Communication from the University of Madras, India, and a Master's degree in Public Health from Chulalongkorn University, Thailand. Professional career Before entering politics, he served as the project coordinator (World Bank and Global Fund Project), planning officer at Ministry of Health, program manager at National HIV/AIDS control program, (2014-2018) and National professional officer at World Health Organization, (2014-2016). Political career Tshering is a member of Druk Nyamrup Tshogpa (DNT). He was elected to the National Assembly of Bhutan in the 2018 elections for the Dokar-Sharpa constituency. He received 4,155 votes and defeated Chencho Dorji, a candidate of Druk Phuensum Tshogpa. On 3 November, Lot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bhutan
Bhutan (; dz, འབྲུག་ཡུལ་, Druk Yul ), officially the Kingdom of Bhutan,), is a landlocked country in South Asia. It is situated in the Eastern Himalayas, between China in the north and India in the south. A mountainous country, Bhutan is known as "Druk Yul," or "Land of the Thunder Dragon". Nepal and Bangladesh are located near Bhutan but do not share a land border. The country has a population of over 727,145 and territory of and ranks 133rd in terms of land area and 160th in population. Bhutan is a Constitutional Democratic Monarchy with King as head of state and Prime Minister as head of government. Mahayana and Vajrayana Buddhism is the state religion and the Je Khenpo is the head of state religion. The subalpine Himalayan mountains in the north rise from the country's lush subtropical plains in the south. In the Bhutanese Himalayas, there are peaks higher than above sea level. Gangkhar Puensum is Bhutan's highest peak and is the highest uncl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yeshey Zimba
''Lyonpo'' Yeshey Zimba (born 10 October 1952) is a political figure from Bhutan. He was Prime Minister (Chairman of the Council of Ministers) of Bhutan two times: first from 2000 to 2001; then from 20 August 2004 to 5 September 2005. During this period, each minister took turns holding the chairmanship for one year. He completed his high school in North Point School and got his bachelor's degree from St. Joseph's College, Darjeeling, an affiliate of the University of North Bengal. Yeshey later graduated with an MA in Economics from the University of Wisconsin–Madison. He was the managing director of Royal Monetary Authority of Bhutan from 1983 to 1986, and the chairman from 1998 to 2002. He was Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ... from August ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wangdi Norbu
Wangdi Norbu is a Bhutanese politician who served as Finance Minister in the Council of Ministers from July 2003 to July 2007, and from April 2008 to May 2013. He was the chairman of Royal Monetary Authority of Bhutan from 2003 to 2007 and from 2008 to 2010.https://www.rma.org.bt/RMA%20Publication/Annual%20Report/annual%20report%202008-2009.pdf He graduated from the University of Western Australia with a bachelor's degree in economics in 1976. He has been the Bhutan Peace and Prosperity Party Druk Phuensum Tshogpa ( dz, འབྲུག་ཕུན་སུམ་ཚོགས་པ།; Wylie:'' 'brug phun-sum tshog-pa''; translation: Bhutan Peace and Prosperity Party; abbr. DPT) is one of the major political parties in Bhutan. It was ... (DPT) member of the National Assembly of Bhutan for the constituency of Bartsham Shongphu since the country's first National Assembly election in 2008. He retained the same seat at the 2013 National Assembly election. References Year ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Ministries Of Bhutan
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance Ministries
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs", "economy" or "economic affairs". The position of the finance minister might be named for this portfolio, but it may also have some other name, like "Treasurer" or, in the United Kingdom, "Chancellor of the Exchequer". The duties of a finance minister differ between countries. Typically, they encompass one or more of government finance, fiscal policy, and financial regulation, but there are significant differences between countries: * in some countries the finance minister might also have oversight of monetary policy (while in other countries that is the responsibility of an independent central bank); * in some countries the finance minister might be assisted by one or more other ministers (some supported by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Bhutan
The economy of Bhutan is based on agriculture and forestry, which provide the main livelihood for more than 60% of the population. Agriculture consists largely of subsistence farming and animal husbandry. Rugged mountains dominate the terrain and make the building of roads and other infrastructure difficult. Bhutan is among the richest by gross domestic product (nominal) per capita in South Asia, at $3,491 as of 2022, but it still places 153rd, and among the poorest in the world. The total gross domestic product is only $2,653 million, and 178th according to IMF. Bhutan's economy is closely aligned with India's through strong trade and monetary links and dependence on India's financial assistance. Most production in the industrial sector is of the cottage industry type. Most development projects, such as road construction, rely on Indian migrant labour. Model education, social, and environment programs are underway with support from multilateral development organisations. Eac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
