• Debt to GDP projected to decline to 76 percent

    The country’s external debt is expected to fall from 105 percent of GDP in the current fiscal year to 76 percent by the end of 12th Plan, the finance ministry projects. However, in absolute terms, Bhutan’s external debt would increase from Nu 204B to Nu 215B. This is because the country’s GDP is expected to grow by an average of 6 percent in the 12th Plan. Expansion of GDP base would automatically reduce the debt to GDP ratio, meaning the decline in ratio would not translate into absolute decline in external debt.

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Latest News

Three accused in Trongsa land case seek approver from court

The Supreme Court (SC) issued an order to the Trongsa dzongkhag court to expedite the alleged illegal land acquisition case against the former Trongsa dzongdag Lhab Dorji. The order was read during the witness hearing yesterday, where it mentioned that the case has prolonged for a long time after it was registered with …

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JAB president re-elected

Members of Journalists’ Association of Bhutan re-elected the incumbent president, Rinzin Wangchuk as the president and Sonam Penjore of Bhutan Times as association’s board member, yesterday. Rinzin Wangchuk, the editor of Kuensel’s Dzongkha edition, secured 81 votes, including 27 postal ballots while his contender for the post, Kunga Tenzin Dorji, …

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Grafting to boost hazelnut production

Mountain Hazelnuts has started to train over 150 staff in hazelnut grafting and plans to implant one million grafts in the eastern dzongkhags of Trashigang, Mongar, Lhuntse, and Pemagatshel from this month. 

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Picture story

The Annual General Meeting of Les Amis du Bhoutan, the Friendship Association for Bhutan in France was held in Paris on February 15. Ambassador Pema Choden attended the event at the invitation of the Association. Francoise Pommaret (PhD), founder and President of Les Amis du Bhoutan, presented a report on …

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Gelephu residents ask for substitutes to plastic 

As vehicles enter the border gate of Gelephu, security officials stop and check if they are bringing in any plastic carry bags. Officials say they have been carrying out the surveillance since February 14. More than 50kgs of plastic carry bags were collected.

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Picture story

Young monks help in the preparation of the fifth royal Bhutan flower exhibition, which will be held this week in Samdrupjongkhar coinciding with the birth anniversary of His Majesty The King. (Photo: Royal Bhutan Flower Exhibition Facebook page)

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PHPA I’s commission pushed to 2024

Recent slide above the dam site (File photo)

Punatsangchhu I hydroelectric project (PHPA I) is working out solutions to ensure full safety of the slide area and the areas above it, the project’s chairperson and economic affairs minister Loknath Sharma said. He said that the delay in the completion of the project has got everyone concerned. “We have …

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Artists to celebrate HM’s birthday with Bhutanese abroad 

About 25 artists from the film association of Bhutan left for USA, Dubai, Perth and Canberra in Australia, and New Delhi, India yesterday to celebrate His Majesty’s 39th Birth Anniversary on February 21. Divided in four groups, each group comprises of actors, comedians, singers, and musicians, who will perform for …

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Tsirang’s new hospital awaits additional staff 

The hospital was inaugurated on July 31 last year

The controversial 40-bed hospital in Tsirang, which was inaugurated before its construction was completed, is now equipped to provide improved services related to emergency, laboratory facilities, and other facilities related to oxygen supply. Dendup, a resident at Tsirang, came along with his wife and child for a check-up at the new hospital …

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Chhoedey lhentshog to resolve caste-based discrimination allegation case soon

The commission for religious organisation (chhoedey lhentshog) would submit a report to the home minister and seek directives on the complaint lodged by a Dagana resident against the Hindu Dharma Samudaya of Bhutan (HDSB). A resident of Namchella village in Tashiding gewog, Dagana, appealed to the organisation alleging that the pundits and purohits …

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Sarpang to mechanise farming 

Participants observe a demonstration of a stone picker yesterday

Farmers in Sarpang have been facing an acute shortage of labour for many years. According to some farmers in Samtenling gewog, they face labour shortage during paddy transplantations, where the work is labour intensive and farmers are engaged in their own fields. To read more, please subscribe by registering at …

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WWF’s bend the curve challenge for schools 

Global populations of fish, birds, and mammals, amphibians and reptiles have fallen on average by 60 percent in less than 50 years (between 1970 and 2014), the2018 Living Planet report had stated. To encourage students to advocate 10 simple sustainable actions in their schools and communities to bend the curve on the trends …

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