Sunday, June 1, 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 to devise policy measures to curtail car imports

January 4, 2016
in Uncategorized
Reading Time: 1 min read
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Government to devise policy measures to curtail car importsAfter the central bank, the Royal Monetary Authority (RMA) recently expressed their concerns on the rising import of cars. The government followed suit and shared with the media that they were also equally concerned and that some form of policy measures should be implemented.

In effect, the government during the Meet the Press session said, they will meet with the central bank to look at possibilities of devising monetary policy measures to curb car imports.

Finance minister Namgay Dorji said, revision in taxes had proven ineffective in curbing car imports.

Since the lifting of the ban on car imports, around 12,000 new vehicles were imported in the country. Lyonpo said the number of new cars imported was equivalent to an outflow of Rs 3 B.

Lyonpo Namgay Dorji said the central bank had already expressed their concerns, which was good and valid. He said the government would further consult with the Royal Monetary Authority to review the overall situation.

From the fiscal policy aspect, the government had not decided on anything, he said. “We will sit with RMA and see if we can come up with monetary policy measures to reduce the imports.”

Meanwhile, issues regarding traffic bottlenecks and infrastructural constraints in the city continue to grow.

Previous Post

Few houses sustain damages from today’s quake

Next Post

Cabinet still unsure about accession to WTO

Next Post
Cabinet still unsure about accession to WTO

Cabinet still unsure about accession to WTO

RAA rejects trade department’s submission

RAA rejects trade department’s submission

Government and RMA looking to bring about radical policy reforms

Government and RMA looking to bring about radical policy reforms

Please login to join discussion

RECOMMENDED NEWS

Chhoekhor_Tang MP takes Oath of Office

Chhoekhor_Tang MP takes Oath of Office

5 years ago
1
New Indian Ambassador presents credentials to His Majesty

New Indian Ambassador presents credentials to His Majesty

6 years ago
3
PGDE course extended to 18 months

PGDE course extended to 18 months

6 years ago
37
Chopper service earning Nu 1 M profit monthly

Chopper service earning Nu 1 M profit monthly

9 years ago
3

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (426)
  • Announcement (173)
  • Audience Survey Report (1)
  • Business (743)
  • Crime/Legal (365)
  • Culture (46)
  • Development (51)
  • Disaster (56)
  • Economy (273)
  • Education (408)
  • Entertainment (12)
  • Environment (58)
  • Feature (65)
  • Featured (6)
  • Festival (78)
  • GMC (14)
  • Headlines (21)
  • Health (619)
  • Legal (51)
  • Literature (9)
  • Livestock (75)
  • Media (25)
  • Other Stories (5,531)
  • Politics (419)
  • RCSC (1)
  • Recent stories (8)
  • Religion (44)
  • Sci/Tech (708)
  • Social (503)
  • Sports (448)
  • Technology (190)
  • Tourism (18)
  • Uncategorized (13,865)
  • Video (132)
  • Video Story (245)
  • Wildlife (41)

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
  • Post-mortem confirms foul play: Progress in investigation of 24-year-old woman’s death

    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

  • Cardiologist warns simple sore throat could lead to heart disease
  • Concerns on pay disparity for National Contract Teachers – National Assembly
  • GCIT students develop app to detect crop diseases and aid farmers
  • Women in Tshaluna find economic independence through dairy farming
  • Langjab in Haa emerges as summer habitat for black-necked cranes

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.