Goods and services 6.47% costlier compared to last year

The Purchasing Power of Ngultrum (PPN) as measured by the CPI is Nu 63 as of October 2021 compared to December 2012 The country’s inflation rate rose by 6.47% in October due to higher food prices when compared to the previous year, as per the Consumer Price Index (CPI), The inflation rate increased after recording […]

Lack of subject matter experts from DRC causing delay in GST project

The government has utilized around Nu 200mn from the total Nu 610mn for the project as of now The lack of experienced staff for the development of the tax system at the Thimphu TechPark Limited (TTPL) and the inability of subject matter experts from the Department of Revenue and Customs (DRC) to provide full-time participation […]