Why did the votes go to Dawa?

The people of Chhoekhor -Tang Constituency, a DPT stronghold for the past three consecutive elections, have embraced a new candidate from the ruling party, Druk Nyamrup Tshogpa (DNT) and rejected the Opposition party. This was unlike what happened in Pemagatshel when former PM Jigme Y. Thinley resigned. This affinity towards a new political party, in […]

Parliament likely to ratify European Investment Banking

Though the Opposition objects strongly The European Investment Bank (EIB) framework agreement is likely to be ratified by parliament in the upcoming session which will begin from November 26  as the government has addressed some of the objections on EIB raised by the National Council (NC) which had rejected the framework agreement in 2015. The […]

Non-emergency travellers from high to low risk zones must undergo seven-day quarantine

Travellers with emergencies, both medical and death-related, while moving from high risk to low risk areas would be tested and released on the same day while others have to follow the seven-day mandatory quarantine,  said Health Minister Dechen Wangmo in a press-brief yesterday. “Anybody who violates the protocols would be prosecuted as per the law,” […]

Nu 225mn of agriculture produce exported last month

Govt. exported around 6,568MT of agricultural produce to India and Bangladesh and is importing only onion and tomato as of now Bhutan’s export and import business has been among the worst hit by the ongoing pandemic, especially in the first four months of the current financial year. But amidst this gloom, the Department of Agricultural […]

Zero tourist arrivals under Air Bubble Travel

Though the arrangement has earned Drukair Nu 6.4mn in revenue  Since the start of the air bubble arrangement between Bhutan and India to enable flight operations between the two countries until normal international flights resume, revenue earned from the seven flights including to Bagdogra, Kolkata and Delhi has amounted to Nu 6.4mn. The flights have […]

Public debt at Nu 223.29bn as of September end

The debt in the hydropower sector constitutes the major portion of the total external debt 75.1%, followed by policy and budget support 10.9% and Central Bank debt 3.3% The total public debt stood at Nu 223.29bn as of September 30 from the total public debt of Nu 215.37bn on June 30 this year. This means […]

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 […]