BUSINESS

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 …

In a decisive move to fortify food security and transform rural livelihoods, the government has unveiled a substantial Nu 12.88 billion (bn) allocation for the Renewable Natural Resources (RNR) sector in the FY 2026-27 budget. This allocation forms a central part of the country’s broader goal of nearly doubling the …

The feasibility of the proposed Pongchola Airport in Mongar, long proposed by residents since 2008, came under discussion during the Question Hour of the 1st Sitting of the Fifth Session of the Parliament, when Naiten Wangchuk, Member of Parliament (MP) from Mongar constituency, questioned the government on its status, technical …

For the first time, students pursuing Bachelor of Engineering degrees in Software Engineering, Mechanical Engineering, and Water Resources Engineering at the College of Science and Technology (CST) will graduate in 2027. The inaugural batch will include 23 graduates in Bachelor of Engineering in Software Engineering, 15 graduates in Mechanical Engineering, …

As global headlines warn of a record-breaking “Super El Niño” approaching this summer, the Ministry of Agriculture and Livestock (MoAL) has moved to reassure the nation, stating that while the threat is being monitored, there is currently no cause for alarm for Bhutanese farmers. Speaking at the 27th Meet-the-Press session …

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 …

With a spate of recent  of African Swine Fever (ASF) outbreaks and also the issue of farmers unable to get market prices due to excess production the Minister of Agriculture and Forests Younten Phuntsho outlined measures saying he fully understands the distress our piggery farmers are facing. He said the …

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 …

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 …