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 …
Read More »Government narrows fiscal gap with revenue boost and controlled spending
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 …
Read More »MPs raise concerns over rising prices despite GST
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 …
Read More »Dagachhu Hydropower Project set to resume operations after months long shutdown
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 …
Read More »Ministry of Finance clarifies causes behind inflation rise
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 …
Read More »Over 100 hotels apply for 4 percent ESP interest subsidy so far
More than 100 hotels have applied for the four percent interest subsidy for hotel loans under the Economic Stimulus Programme (ESP) since applications opened on May 1, according to the Department of Tourism. The subsidy scheme was introduced to support the tourism and hospitality sector, particularly smaller hotels recovering from …
Read More »Dorjilung Hydroelectric Power Project to export 80 percent of generated electricity to India
Around 20 percent of the electricity generated from the 1,125 MW Dorjilung Hydroelectric Power Project is expected to be used domestically, while the remaining 80 percent will be exported to India. Officials said Bhutan primarily requires electricity during winter, while surplus electricity generated during summer can be exported. The Dorjilung …
Read More »Habitat enrichment at Zombabe waterhole in GMC benefits local wildlife
The 5th Gelephu Mindfulness City (GMC) Volunteers, who arrived from 21 to 25 February this year, initiated habitat enrichment activities at the Zombabe waterhole, marking an important step in ongoing conservation efforts in the area. Their work focused on planting elephant-palatable and wildlife-supporting species such as banana, Napier grass, and …
Read More »GST registrations reach 3,680 as compliance and onboarding continue
A total of 3,680 businesses have been registered under the Goods and Services Tax (GST) system as per the latest update, with the Department of Revenue and Customs (DRC) stating ongoing efforts to expand tax compliance and bring more entities into the formal system. In response to questions on how …
Read More »13,516 businesses file BIT returns for 2025
The exemption ended on 31st March and businesses in rural areas are required to pay BIT 13,516 out of 16,355 Business Income Tax (BIT) units that were exempted from BIT in the previous year have filed their return for income year (IY) 2025 as of 29th April, which means 82.6 …
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The Bhutanese Leading the way.