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News and Press Release from Ministry of Finance

Grant received from World Bank for supporting Reforms in the Mining Sector (5-Jun-2018)

THIMPHU, June 5, 2018 – The Royal Government of Bhutan received a US$ 300,000 grant from the World Bank-led Extractives Global Programmatic Support (EGPS) multi-donor trust fund to support reforms in the mining sector and assist the Department of Geology and Mines with the implementation of the 2017 Mineral Development Policy.

The project, Supporting Minerals Management Policy Reform, will help (i) revise the 2002 Mines and Minerals Management Regulations; (ii) access international best practice advice on mines allocation, strategic minerals and mineral pricing; (iii) support advocacy programs for the implementation of the Mineral Development Policy; (iv) build technical capacity within the Mineral Development Division; and (v) enhance information system and compliance monitoring.

The Grant Agreement was signed today between the Hon’ble Finance Minister, Lyonpo Namgay Dorji and Mr. Yoichiro Ishihara, Resident Representative, World Bank.

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Promotion ceremony of Chief Planning Officer and Chief Finance Officers (10-Jan-2018)

On 10th January 2018, the Ministry of Finance celebrated the promotion ceremony of Chief Finance Officers to MoF, MoAF, MoH, MoWHS, MoEA, MoFA and Chief Planning Officer, PPD, MoF. The ceremony has been graced by the Honorable Finance Secretary.
Dasho congratulated the newly appointed Chiefs and urged them to work towards further strengthening the financial and budgetary management system in their respective agencies. More importantly, Dasho assured unwavering support and guidance to the newly appointed Chiefs and inspired them to collectively build the credibility of Ministry of Finance.

Dasho addressing to the newly appointed Chiefs

Newly appointed Chief Finance Officers and Chief Planning Officer

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Address by the Hon’ble Finance Minister in welcoming the new recruits (9-Jan-2018)

The Ministry of Finance had welcomed 84 new recruits as a part of the MoF family on 8 January 2018. The welcoming ceremony has been graced by the Honorable Finance Minister.

The Honorable Finance Minister congratulated the entire new recruits for having selected into various vital positions under Ministry of Finance and numerous agencies across the RGoB Sectors. The Honorable Minister further highlighted and reminded the new recruits on how fortunate we are to be born in the land of Thunder Dragon under the visionary leadership and guidance of Wangchuck Dynasty. The new recruits have been inspired and motivated by the wisdom of Honorable Minster to work towards achieving greater peace, prosperity and stability of the Nation through shouldering important responsibilities individually and collectively. The Honorable Minister also informed that the new recruits have successfully completed their one phase of life and now, embarking upon a new phase of life; absolutely afresh and encompassed by challenges and successes ahead.

The ceremony has been fruitful and educative with Questions and Answers Sessions between the new recruits and Honorable Minister, Honorable Secretary and Department Directors.

The ceremony concluded with the Honorable Minister extending his prayers and wishes to the entire new recruits for their successes in future endeavors. The Honorable Finance Secretary, Department Directors and Officials from the MoF took part in the important function of welcoming the new recruits on 8 January 2018.

The Honorable Finance Minister Addressing the New recruit

The Honorable Finance Secretary answering to the questions asked by the new recruits

The Director, DRC answering to the questions asked by the New recruits

The Director, DPA answering to the questions asked by the New recruits

The entire New recruits with Honorable Finance Minister, Honorable Finance Secretary and Department Directors

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