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Finance Kalon to Release Economic Review: 2005-6

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Dharamshala, March 15 – The Kalon for Finance and Information & International Relations, Lobsang Nyandak Zayul, is expected to release a 64-page, official review report on the overall financial state of the Central Tibetan Administration tomorrow.

In a bid to usher in more transparency in the exile Tibetan governance, the incumbent Kashag introduced the convention of submitting The Economic Review to the Assembly of the Tibetan People’s Deputies in 2002. “Legislatures must know not only the budgets, but also the overall financial standing of the CTA,” says Kalon Lobsang Nyandak Zayul.

The Economic Review: 2005-2006, slated for release tomorrow at the opening of the final session of the incumbent 13th Assembly, will contain up-to-date information on the various financial policies and their implementation thus far, including privatisation of business units, repayment of public deposits, the present status of the corpus fund of the CTA, et al.

Kalon Lobsang Nyandak Zayul will deliver the budget speech, along with the 2006-7 budget of the CTA, on the floor of the Assembly Saturday on 18 March.

(www.tibet.net is the official website of the Central Tibetan Administration.)

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