Negotations for the Free Trade Agreement (FTA) between Bhutan and Thailand has been completed and is awaiting the completion of Thailand’s internal ratification process before it can enter into force. Bhutan has already fulfilled its mandatory requirement by completing its own internal ratification procedures, according to the Ministry of Industry, …

The country generated USD 44.8 million (mn) in Sustainable Development Fee (SDF) revenue from January to April 2026, as the country welcomed a total of 60,629 SDF-paying tourists during the four-month period. According to the figures from the monthly statistical bulletin from RMA, 37,974 visitors were from India, contributing USD …

The ICT Association of Bhutan (ICTAB) has called for greater transparency and competition in government technology procurements following findings by the Royal Audit Authority (RAA) that identified major procurement and governance lapses in the Bhutan Integrated Taxation System (BITS 1.0) project. According to the audit report presented to the National …

According to the State of the Nation (SOTN) report presented by the Prime Minister Dasho Tshering Tobgay, the government will mobilize Foreign Direct Investment (FDI) worth Nu 3.5 billion (bn)  in the financial year (FY) 2026-27 by targeting high-potential sectors, such as clean technologies, creative industries, information technology and IT-enabled …

The Digital Masterclass and IT Readiness program for 184 Department of Tourism-certified three-star hotels across Bhutan concluded on 17th June after more than three months of implementation. The program, which ran from March to June 2026, was funded by the Department of Tourism Bhutan with support from the ESP. The …

The Public Accounts Committee (PAC) expressed concern over the growing volume of unresolved audit recoveries, and called for stronger inter-agency coordination to ensure timely follow-up and enforcement of pending cases. The PAC presented its review report on the Annual Audit Report (AAR) 2024–2025 and the follow-up on review reports from …

The National Council unanimously adopted the Budget Appropriation Bill for Financial Year (FY) 2026-2027 and the Supplementary Budget Appropriation Bill for FY 2025-2026, with all 22 Members voting in favor. The appropriation for FY 2026–27 stands at Nu 153.3 billion (bn). Of this, Nu 63.03 bn has been earmarked for …

The government has acknowledged the challenges faced by contractors due to recent increases in fuel and petroleum-based construction input prices, but says immediate price adjustment relief for all ongoing government projects is not legally feasible under the current procurement framework. The clarification came in response to a question raised by …

The Ministry of Finance (MoF) clarified that while the Property Tax Act of Bhutan 2022 allows property tax payments to be made in instalments, such arrangements are intended as a discretionary relief measure for taxpayers facing genuine financial hardship rather than a standard mode of payment. The clarification came in …

The National Council unanimously adopted the Bhutan–Singapore Double Taxation Avoidance Agreement on 8th June. The Double Taxation Avoidance Agreement (DTAA) is Bhutan’s third bilateral tax treaty and was negotiated by the Royal Government of Bhutan with the participation of the Gelephu Mindfulness City Authority (GMCA). The agreement is intended to …