The Minister for Industry, Commerce and Employment, Lyonpo Namgyal Dorji, presented the Action Taken Report (ATR) on the nine recommendations submitted by the Economic and Finance Committee (EFC) on 19th May on the Review Report of the Tourism Policy. The EFC recommended reviewing the Tourism Levy Act 2022 to clearly …

The Double Taxation Avoidance Agreement between the Kingdom of Bhutan and the Republic of Singapore was introduced as an urgent Bill in the National Assembly on 18th May by Finance Minister Lyonpo Lekey Dorji. The agreement outlines how different types of income will be taxed in both countries to prevent …

The Goods and Services Tax (GST) Amendment Bill of Bhutan was introduced as a Money Bill in the National Assembly by the Finance Minister, Lyonpo Lekey Dorji, on 18th May. The Amendment Bill was introduced under Section 30 of the Goods and Services Tax Act of Bhutan 2020, which empowers …

The Renewable Energy Tax Exemption Bill was introduced in the National Assembly (NA) on Friday by Finance Minister Lekey Dorji. The Bill was handed over to the Economic and Finance Committee and will be taken up for deliberation on 6th June. The Bill aims to promote investment in renewable energy …

The Member of Parliament (MP) Kinzang Wangchuk of Dramedtse-Ngatshang constituency raised concerns in Parliament over the potential impact of the Bhutan Standards Bureau’s (BSB) product certification requirement on imports, small businesses, and market supply. The MP said the recent BSB circular requiring imported products to be certified and included under …

Reserves at USD 1.121 bn The total estimated appropriation for FY 2026-27 amounts to Nu 153.296 billion (bn) distributed across recurrent expenditure (41.1 percent), capital expenditure (47.3 percent), lending (0.7 percent), and repayment (10.9 percent). With overall resources projected at Nu 110.280 bn, the fiscal deficit stands at 6.5 percent …

The country’s fiscal outlook has significantly improved, according to the latest Revised Budget Summary for the 2025-26 fiscal year. As of 31st March 2026, the government reported a surge in total resources, which climbed to Nu 111.851 billion (bn), a sharp increase from the Nu 97.772 bn originally approved last …

The Member of Parliament (MP) Tashi Tenzin of Radhi-Sakteng constituency raised concerns in Parliament over the rising prices of goods despite the introduction of the Goods and Services Tax (GST), which was expected to reduce costs for consumers. The MP said several products that were previously taxed between 10 and …

The Dagachhu Hydropower Project, which has remained non-operational since October 2025 after severe monsoon flooding damaged several critical components, is now preparing to resume operations, according to the Ministry of Energy and Natural Resources (MoENR). The Director General (DG) of the Department of Energy,  Karma Penjor Dorji, said the flooding …

The country’s inflation rate rose to 6.07 percent in March 2026, driven largely by sharp increases in fuel prices, according to the Ministry of Finance (MoF). The increase marks one of the highest inflation levels recorded in recent months, with food inflation reaching 7.07 percent and non-food inflation at 6.51 …