Joint Press Release : World Children’s Day

Thimphu, November 20, 2020: To celebrate the World Children’s Day and to mark 30 years of Bhutan signing and ratifying the Convention on the Rights of the Child, His Holiness the Je Khenpo today issued a decree calling on all to ensure the wellbeing of the children for all times to come. “Bhutan’s efforts towards […]

Fiscal deficit for FY2020-21 increases to Nu 15.33bn

This is Nu 0.01bn more than the original estimate The fiscal deficit in absolute figures has increased to Nu 15.33bn from the original estimate of Nu 15.32bn due to incorporation of loan-funded activities. However, this impact on the net internal borrowing as equivalent amount was realized through external borrowing. The first quarter budget performance report […]

Banks to issue RuPay cards for Bhutanese to use in India

With the introduction of the second phase of RuPay card in the country, Bhutanese travellers to India can withdraw INR and make payments with their RuPay cards in India. Indian travellers to Bhutan can withdraw Ngultrum at ATMs and make payments at points of sale as well. The RuPay card scheme is a cross-border payment […]