Saturday, June 7, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Government outlines budget

May 26, 2015
in Uncategorized
Reading Time: 2 mins read
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Government outlines budgetThe total resource for the financial year 2015-16 is estimated to be about Nu 41B. The finance minister, Namgay Dorji presented the national budget report in National Assembly, today.

The government will be able to finance around Nu 2.2B of its capital expenditure from its domestic revenue. After meeting its current expenditure, the government will be left with Nu 2.2B that can be utilized in capital expenses.

The Constitution mandates all recurrent expenses to be financed through domestic revenue

Of the total budget outlay of Nu 41B, domestic revenue constitutes Nu 26B and an external grant of close to Nu15B. As per the report, the domestic revenue is expected to increase by 5 percent over the previous year.

The increase is mainly expected from the corporate income tax and dividends generated from the Dagachhu Hydro Power Plant, Bhutan Power Corporation and from the expected surplus transfer of Nu 200M from the Royal Monetary Authority.

However, the report reflects that the growth may be affected if Dungsam Cement Corporation continues to incur loss.

The report also reflects an estimation of 33 percent increase in the external grant. The government of India remains the largest development partner providing a grant of over Nu 11B representing about 76 percent of the total grant.

While the estimated external borrowing is projected to over Nu 3B of which over Nu 1B is from the Asian Development Bank for the project-tied assistance.

From the projected budget outlay, the general public services sector will receive the highest allocation of over Nu 9B which constitutes over 19 percent of the total projection. Education sector will receive the second highest allocation of 18 percent.

The budget report will be deliberated in the parliament on June 8-9 9 after the finance committee reviews the report.

Previous Post

Government’s fiscal deficit on the rise

Next Post

His Majesty visits Merak

Next Post
His Majesty visits Merak

His Majesty visits Merak

Government retaliates to Opposition’s critique on budget

House allegedly set on fire on purpose

House allegedly set on fire on purpose

Please login to join discussion

RECOMMENDED NEWS

Young volunteers attend leadership training

Young volunteers attend leadership training

11 months ago
10
A changed city

A changed city

10 years ago
12

PM launches Google Apps

11 years ago
6
His Majesty The King graces closing ceremony of parliament

His Majesty The King graces closing ceremony of parliament

2 years ago
3

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (426)
  • Announcement (174)
  • Audience Survey Report (1)
  • Business (744)
  • Crime/Legal (367)
  • Culture (47)
  • Development (51)
  • Disaster (57)
  • Economy (277)
  • Education (412)
  • Entertainment (13)
  • Environment (60)
  • Feature (65)
  • Featured (6)
  • Festival (78)
  • GMC (14)
  • Headlines (6)
  • Health (622)
  • Legal (52)
  • Literature (9)
  • Livestock (75)
  • Media (25)
  • Other Stories (5,574)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (709)
  • Social (515)
  • Sports (449)
  • Technology (190)
  • Tourism (19)
  • Uncategorized (13,866)
  • Video (136)
  • Video Story (249)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • Newspaper accuses DPT candidate of political ploy

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • RMA to roll out seven new measures for loan repayment support
  • National Housing Strategy to be ready by September
  • Bhutan begins NFT sales, to preserve heritage
  • City bus viability raised in parliament, MoIT minister cites past privatisation failures
  • Paro MP questions airport expansion impact on affected landowners

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.