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Press Release (3-Oct-2018)

PRESS RELEASE

Transfer of RMA’s Annual Surplus for FY 2017/18 to the Royal Government of Bhutan

The Royal Monetary Authority of Bhutan successfully closed its accounts for the financial year 2017/18 and submitted its annual surplus to the Royal Government of Bhutan on 3rd October 2018.

The cheque for the net surplus of Nu.1,550.24 million was handed over by the RMA to the Ministry of Finance in the presence of the Interim Government’s Advisor to the Ministry of Finance, Dasho Karma Ura.

Compared to the net surplus transfer for FY 2016/17 of Nu. 1,001 million, the net surplus for FY 2017/18 has been the highest so far and reflects to some extent better reserve management, with net interest income from investment contributing Nu.249.81 million to the increase in the surplus. Gross international reserves remain at a little over USD 1 billion. These developments reflect the soundness of the economy and efficient management of reserves by the RMA.

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PhD in macroeconomics and short-term program (11-Sept-2018)

The MoF would like to notify that the IMF Regional office for Asia and the Pacific (OAP) is inviting applications for PhD in macroeconomics and short-term program (macroeconomics seminars) under the IMF-Japan Scholarships. MoF’s employees who are interested and eligible as per the provisions of the BCSC-2018 can apply for the above scholarships.

Details

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Notice for Opening of Financial Proposal (7-Aug-2018)

The Central Coordinating Agency, Ministry of Finance, would like to inform all the shortlisted bidders that the evaluation of technical proposals for “Consultancy services for Strengthening the Effectiveness and Capacity of Internal Audit” has been completed. The Financial Proposals of the qualified firm(s) will be opened on the day, time and venue provided below.
Date: 17th August 2018
Time: 10:00 AM (BST)
Venue: Conference Hall, Department of National Budget, Ministry of Finance

List of the qualified firms:

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