In my previous post I had proposed that, “the government is getting ready to sell even more foreign currency from our reserves.” What if I am correct? What if the government is, indeed, preparing to sell foreign currency to alleviate the rupee crunch? If so, what is the procedure? Last year, four months ago, the [...]
During their interview with BBS TV last week, Lyonpo Yeshey Zimba and Lyonpo Wangdi Norbu went to great lengths to inform us that the so-called rupee crunch wasn’t a crisis. They told us that the situation was normal; that they’d been aware of it for a long time; and that they were in full control [...]
A couple of late meetings prevented me from watching TV last night. So I watched BBS TV’s rebroadcast this morning. In particular, I watched Lyonpo Yeshey Zimba, the officiating prime minister, and Lyonpo Wangdi Norbu, the finance minister, talk about the current economic situation. I thank the government for going on national TV to explain [...]
Some friends have suggested that I should use my YouTube account to incorporate a bit more audio-visual in this blog. I agree. Here is the statement I recently made on BBS TV urging the government to inform the people about the rupee situation. I’m happy to report that, according to BBS, the acting prime minister [...]
Students and teachers of Thimphu’s schools came together in Changangkha to commemorate World Water Day on 22 March. The celebrations included a wide array of well-thought-out presentations and entertaining performances highlighting the importance of water. I was given the opportunity to talk to the students. So I told them a story, one that is relevant [...]
A couple of friends and I went out for lunch the other day. We ate at Cousins, a new restaurant that specializes in authentic Bhutanese food. You’ll find the restaurant on the first floor of the new building opposite the BNB. The food at Cousins is good. We had ribs (with dried red chillies and [...]
A severe rupee shortage threatens to cause an economic crisis. But the government is in denial. As recently as last week, the finance minister blamed the media for blowing up the issue. On the other hand, the RMA governor has declared that, “we have no money.” And he has already stopped issuing rupees to commercial [...]
Tourists visit Bhutan for many reasons. Most do so to catch a glimpse of the last Shangri la, that is, to experience our unique culture and enjoy our pristine environment. But many tourists visit our country for specialized purposes, and because those purposes can be fulfilled here more so than in any other country in [...]
Last Tuesday, during question hour, I asked the Prime Minister to explain the rupee crisis: what has caused it, what the government is doing about it, and when we can expect it to be over. I directed the question to the PM as I had assumed that our head of government would be the most [...]
In 2007, the year before the elections, when the interim government started work on the 10th Five Year Plan, they decided to “consolidate” the nation’s schools. Their rationale was that children in rural Bhutan were not receiving proper schooling as education resources were being spread too thin across the country. The interim government figured that [...]
Tshering Tobgay is a Member of Parliament representing Sombaykha Constitutency in Haa. He is the Leader of the Opposition Party in the National Assembly of Bhutan.
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