Export revenue expected to grow by 7 percent: Budget Report

In a recently-released budget report for the fiscal year 2023-24, Bhutan anticipates a moderate growth in export revenue, projecting a 7 percent increase that would amount to an estimated Nu 61.91 billion next year.

Is crowdfunding successful in raising funds?

Lack of investment continues to be a challenge for startups, as...

Govt. proposes 55-74 percent pay hike for civil servants 

If the parliament passes the Pay Revision Bill of Bhutan 2023,...

His Majesty the King graces opening ceremony of 9th Session of Parliament

His Majesty the King graced the opening ceremony of the 9th...

Light session for newly constituted NC?

It could be a light session for the newly-constituted National Council...

His Majesty The King grants Dhar to National Council members

His Majesty The King granted Dhar to the newly elected...

Inflation rises to 3.29 percent in April

Bhutan experienced a rise in the cost of goods and services,...

Power generation dips by 7.5 percent in first 4 months 

Hydropower generation saw a drop of 7.5 percent between January and...

Bhutan’s tax-to-GDP ratio falls short of World Bank benchmark

Over the past five years, Bhutan’s tax-to-gross domestic product (GDP) ratio...

Govt. approves incentives for long-stay tourists

The cabinet approved three different Sustainable Development Fees (SDF) incentives for...

Decline in cash crop production puts export target at risk

The government’s ambitious plan to produce 400,000 crate boxes from various...

GNH study shows alarming gender disparity in literacy

A recent Gross National Happiness (GNH) survey discovered alarming gender disparities...

Govt. to continue prohibiting import of non-essentials

The government could continue prohibiting import of non-essential items in the...

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