DEDICATED CIVIL SERVICE AWARD 2018 (12-Dec-2018)

DEDICATED CIVIL SERVICE AWARD 2018

The Ministry of Finance has organized the Civil Service Award ceremony for the year 2018 on 11 December 2018. The award ceremony was graced by Hon’ble Finance Secretary Dasho Nim Dorji who was also one of the recipients of the Gold medal for his 30 years of distinguished career in the civil service.

Dasho Nim Dorji, recipient of Gold medal for 30 years of dedicated service

Lifetime Service Award Recipients with Hon’ble Finance Secretary

30 years Service Award (Gold) Recipients with Hon’ble Finance Secretary

20 years Service Award (Silver) Recipients with Hon’ble Finance Secretary

10 years Service Award (Bronze) Recipients with Hon’ble Finance Secretary

Addressing the ceremony, the Hon’ble Secretary informed the gathering that the civil service award is initiated by the government upon the command of His Majesty the King for the recognition of distinguished contribution and hard work of all the recipients. The Hon’ble Secretary further emphasized that it is an excellent opportunity for recipients and all other employees of Ministry of Finance to pay tribute and rededicate our commitment and loyalty to serve Tsa-Wa-Sum. The Hon’ble Secretary and his team congratulated all the award recipients.

The total of 103 employees has been awarded the service award under four categories;
Lifetime service award for 8 employees
Dedicated service award (30 years) for 20 employees (Gold)
Dedicated service award (20 years) for 20 employees (Silver)
Dedicated service award (10 years) for 55 employees (Bronze)

***CONGRATULATIONS ONCE AGAIN***

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Letter of Intent to Award (4-Dec-2018)

The Accounting and Auditing Standards Board of Bhutan, Ministry of Finance hereby issue “Letter of Intent to Award” for consultancy services to review Bhutanese Accounting Standards (BAS) Phase I and II implementation by companies; identify challenges; provide recommendations to address the challenges and to provide training on BAS.

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RGOB and ADB Sign USD 35.00 million grants

Press Release

The Royal Government of Bhutan and Asian Development Bank (ADB) Sign US$ 35.00 Million Grants for Health Sector Development Program (HSDP) and Skills Training and Education Pathways Upgradation Project (STEP UP).

The Royal Government of Bhutan (RGoB) and the ADB signed a US$ 35.00 million grants for Health Sector Development Program (US$ 20.00 million) and Skills Training and Education Pathways Upgradation Project (US$ 15.00 million) this morning.

The grant of US$ 20.00 million for Health Sector Development Program will help Bhutan immensely in improving its equitable access, enhancing efficiency and sustainability of our Health system. US$ 10.00 million under this grant will be allotted to the Bhutan Health Trust Fund to improve sustainability of our free basic health facility to the people. The Ministry of Health will implement the project over the period of five years (2018 – 2022).

The grant of US$ 15.00 million for Skills Training and Education Pathways Upgradation Project (STEP-UP) will support the RGoB’s efforts towards expanding and upgrading the technical and vocational education and training (TVET) system for modern, diversified and job-oriented skills development in the 12 FYP. It will help improve the employability of TVET graduates and high school students of Bhutan. The Ministry of Education and Ministry of Labor and Human Resource will implement the project over the period of seven year (2018 – 2025).

“The ADB is extremely pleased that through these grants we will be able to support the Royal Government of Bhutan’s initiatives towards investment in social sector like health, education, and technical skills development. This aligns well with ADB’s corporate strategy—Strategy 2030—that prioritizes human development and social inclusion, improving education and training, achieving better health for all under the first of 7 priorities “Addressing Remaining Poverty and Reducing Inequalities” said Mr. Hun Kim, Director General, South Asia Department, ADB.
Acknowledging the challenges faced by the current technical and vocational education and training (TVET) system in the country, Bhutan has developed a TVET Blueprint 2016–2026, as a roadmap for furthering its “quality” and “relevance”, while ensuring “equity”‘ and “inclusiveness” in access. “The Skill Training and Education Pathways Upgradation Project will assist the government in enhancing the capacity and relevance through reforming and modernizing its TVET institutions and interventions (led by both public and private institutions) to enhance the employability and employment prospects of the Youth in Bhutan and also help to realise the Bhutan vision to become a leader in TVET in the region”, says Lyonpo Namgay Tshering, Hon’ble Finance Minister.

The Royal Government of Bhutan recognizes good health of its citizens as a prerequisite for greater economic and social development, poverty reduction, and the road to Gross National Happiness. Health services are provided free as enshrined in the Constitution of Bhutan, and the Government provides comprehensive services to citizens through various levels of care, including referral of patients abroad for life saving treatments, which are beyond the clinical capacity and facilities available in Bhutan.

“The Health Sector Development Program is well aligned with the National Health Policy’s mission to achieve national health goals and its aspiration towards self-reliance and sustainability in Bhutan’s health service delivery”, says Lyonpo Namgay Tshering, Hon’ble Finance Minister.

The HSDP will also advance Bhutan’s health security agenda through strategic support for prevention and control of infectious diseases in line with Bhutan’s commitment to the International Health Regulations (IHR, 2005).

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