His Excellency the Hon’ble Finance Minister visited Wangdue Phodrang Dzongkhag and convened a meeting with officials, local government leaders, and members of the business community to provide updates on the overall 13th Five-Year Plan (FYP) financing model, resource allocation, performance-based grants, GST and Economic Stimulus Plan.
Lyonpo provided an overview of the nation’s financial position, public debt, and foreign reserves. The engagement aimed to promote a shared understanding and enhance awareness among stakeholders regarding the Government’s ongoing structural reforms and key initiatives in the fiscal and monetary domains.
The participants expressed appreciation for the progressive fiscal position and policy of the government and urged the MoF to engage in regular sessions with stakeholders so that misplaced assumptions are addressed.
