LEP loan interest waived off

“His Majesty The King has most graciously granted Kidu and waived off the interest on the loan for those who went to Japan on the Learn and Earn programme(LEP),” Prime Minister Dr Lotay Tshering said.

The government will be paying the interest on the loans to BDBL and RICBL on behalf of the youth under the LEP in Japan.

His Majesty has also granted special Kidu to 3 youth (2 who expired and 1 who is under life support) and waived off their entire loans including interest. The loan accounts of the 3 youth will be considered closed as of March 15, 2020.

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