Call for Bids of Government Bond
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News and Press Release from Ministry of Finance
Call for Bids of Government Bond
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On 24 November, 2022, H.E. Marten Van den Berg, Ambassador of the Netherlands to Bhutan and Ms. Leki Wangmo, Acting Secretary, Ministry of Finance signed the Grant Agreement for the project titled “Gelephu Flood Protection”. The estimated cost of the project is Nu. 560 million and it will be funded on a 50-50 percent modality by the Royal Government of Bhutan and Government of Netherlands.
This is the outcome of the “Feasibility Study on Gelephu Flood Protection” project initiated and managed by the Flood Engineering and Management Division, Department of Engineering Services, Ministry of Works and Human Settlements with technical and financial support from the Government of Netherlands in 2019 amounting to Nu. 47.25 million.
Besides 50 percent funding for the infrastructure, the Government of Netherlands will provide Nu. 33 million as Technical Assistance for the project.
Through this project, the following interventions would be implemented:
The project will be implemented by Gelephu Thromde and Sarpang Dzongkhag with Technical Assistance from the Ministry of Works and Human Settlements.
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Press Release for Signing of Record of Discussion for the project “Youth Development Project in Bhutan through Sports, Health and Value Education”
On 9 November, 2022, Ms. Youngah-Doh, Country Director of KOICA Bangladesh Office, Ms. Leki Wangmo, Acting Secretary, Ministry of Finance and Grandmaster Yonten Tharchen of Bhutan Taekwondo Federation signed the Record of Discussion for the project “Youth Development Project in Bhutan through Sports, Health and Value Education” worth USD 6.8 million.
The objective of the project is to establish Taekwondo Iconic Center for youth development, support educational programs on sports, health and youth value education and promote Bhutanese adolescents’ well-being and capacity strengthening. The project will help in realizing the Royal Government of Bhutan’s objective of creating avenues for youth to engage in holistic development of skills and psychological wellbeing through promotion of physical education and sports.
The project will be implemented by the Bhutan Taekwondo Federation over the period of five years.
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CIVIL SERVICE AWARD 2021
To fulfill the noble wishes of His Majesty the Druk Gyalpo to recognize the utmost dedication and loyalty of civil servants and their outstanding contribution to the TSA-Wa-Sum, the Annual Royal Civil Service Award 2021 for the Ministry of Finance was held on 14 December, 2021. The award ceremony was graced by Hon’ble Secretary Dasho Kesang Deki.
For this year, there were total of 111 medal recipients in the following categories:
1. Lifetime Service Award – 12 recipients.
2. Gold Medal for 30 years Service- 6 recipients
3. Silver Medal for 20 years Service- 45 recipients
4. Bronze Medal for 10 Years Service – 48 recipients
The Ministry would like to congratulate and convey our heartfelt wishes to all the award recipients for their commitment, hard work and dedication to Tsa-Wa-Sum.
Recipients of Life Time Civil Service Award with Hon’ble Finance Secretary
Recipients of Gold Medal Civil Service Award with Hon’ble Finance Secretary
Recipients of Silver Medal Civil Service Award with Hon’ble Finance Secretary
Recipients of Bronze Medal Civil Service Award with Hon’ble Finance Secretary
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Mr. Rajan Thapa (EID No. 8601083), Customs Inspector I, Regional Revenue & Customs Office, S/Jongkhar under Department of Revenue and Customs Office has retired from the Civil Service with effect from 28th September 2021.
The Ministry of Finance would like to convey our sincere gratitude to him for rendering 38 years, 6 months and 27 days of service with utmost dedication and sincerity to the Tsa-Wa-Sum.
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Mr. Dorji Thinley (EID No. 8601075), Customs Inspector I, Regional Revenue & Customs Office, S/Jongkhar under Department of Revenue and Customs Office has retired from the Civil Service with effect from 1st September 2021.
The Ministry of Finance would like to convey our sincere gratitude to him for rendering 36 years of service with utmost dedication and sincerity to the Tsa-Wa-Sum.
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On the auspicious 10th day of the Seventh Month of the Iron Female Ox Year corresponding to 17th August 2021 (Tuesday), Mr. Phuntsho Wangdi joined Directorate of Services as the Director. Prior to this appointment he served as Chief Budget Officer of the Department of National Budget, Ministry of Finance.
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