Trowa

Trowa Theatre in Changjiji sits on government land. The land, measuring 19,432.56 square feet, was leased to a businessman in 2001 to build an entertainment center. In 2006, the government approved the transfer of the lease to another businessman. And increased lease rent from Nu 2 per sft per annum to Nu 42 per sft per annum, which was the amount being charged to other lessees occupying similar property in Thimphu. The businessman taking over the lease did not sign a lease agreement protesting that the new lease rent was too high. He still has not signed a lease…

Thank you

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 the ongoing currency situation to the public at large. The two ministers are our most experienced financial experts. The two of them have served as finance ministers for a combined total of 14 years, and as finance secretaries for more than 10 years. So…

Real accountability

Lyonpo Yeshey Zimba, the works and human settlement minster, was reportedly “shocked and alarmed” at news that his ministry was underutilizing its budget allocations. The Ministry of Works and Human Settlement has apparently used barely15% of this financial year’s budget although more than half the year has already elapsed. Is Lyonpo Yeshey Zimba really shocked and alarmed? I hope not. After all, we expect our ministers to have a good idea of how their respective ministries are performing or underperforming, as the case may be. So if he is really shocked, if he is really alarmed, we should be…