24. Is there a ban on political parties taking loans in relation to election campaigns?

Bhutan

Bhutan

Answer
Yes
Source

Source: Section 9 (9.1 and 9.2), Guidelines for Scrutiny of the Books of Accounts of the Registered Political Parties, 2015 

9.1.  No Party or a Candidate shall be permitted to take loans or advances from any institution, organization or an individual for the purpose of incurring expenditure on election campaign.

9.2.  A Party however, can take loans or advances from the financial institution within the Kingdom of Bhutan for purposes other than election campaigning. 

Source: Chapter 14 (137 & 138), Public Election Fund Act of the Kingdom of Bhutan, 2008

  1. No Political Party or a candidate shall be permitted to take loans or advances from any institution, organisation or an individual for the purpose of incurring expenditure on election campaign.

  2. A political party or candidate may, notwithstanding anything contained in section 137, take loans or advances from financial institutions within the country for purposes other than election campaigning. 

Comment

BLANK

  1.  
Close tooltip