GOV­ERN­MENT TO DO AWAY WITH GDG

Business Bhutan - - Business -

The gov­ern­ment will do away with the Ge­wog De­vel­op­ment Grant (GDG) for the 12th Five Year Plan and in­stead dis­burse ad­di­tional de­vel­op­ment bud­get to the lo­cal gov­ern­ment on a quar­terly ba­sis as an­nual grants.

This was di­vulged at the Fri­day Meet. It was also an­nounced that the de­vel­op­ment bud­get will be re­leased as pro­posed by the lo­cal gov­ern­ment and the an­nual bud­get will be dis­bursed quar­terly, every three months by the fi­nance min­istry.

Mean­while, a GDG of Nu 2mn per year was given to each ge­wog apart from the reg­u­lar bud­get, aimed at strength­en­ing the de­cen­tral­iza­tion process and pro­mot­ing good gover­nance at the grass­roots level.

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