BUSINESS

Airlines jack up rates as jet fuel does not get fuel support The government so far has spent a whopping Nu 819.159 million (mn) on fuel price support as of 24 April 2026. Of this, the bulk of the support has been consumed by diesel vehicles, receiving Nu 769.671 mn, …

During the Mid Term Review of the 13 FYP, Finance Secretary Leki Wangmo stated that after the Department of Revenue and Customs (DRC) shifted to value-based taxation on property there has been a significant increase in tax revenue from Nu 55 million to more than Nu 600 million after the …

The Ministry of Finance has proposed a revision to the 13th Five-Year Plan (FYP), dropping a key performance indicator (KPI) that aimed to increase the tax-to-GDP ratio from 13 percent to 15 percent. In its place, the ministry has introduced a new target focused on enhancing domestic revenue collection through …

The Royal Monetary Authority  said it has completed its inspection involving a client of the Bank of Bhutan (BoB)and the findings indicate that the incident is the result of fundamental gaps in governance, risk oversight, internal controls, and change management practices. RMA said the matter cannot and must not be …

The Ministry of Agriculture and Livestock (MoAL) has achieved nearly 80 percent of its 13th Five-Year Plan (FYP) output goals, recording a primary sector contribution of Nu 39.6 billion (bn) as of 2025. The Mid-term review (MTR) for central agencies of the 13th FYP was conducted today at the PEMA …

The Department of Revenue and Customs (DRC) has reported that the total number of GST registrants as of 9th April 2026, stands at 4,164. According to the data provided, the number of monthly filers is 3,628, while quarterly filers number 130 and six-monthly filers account for 406, bringing the grand …

This paper asked the Ministry of Finance (MoF) that given the under collection of GST Revenue compared to the old BST, administrative and compliance burden for small businesses and inflation of essential goods and services, would the government consider doing away with GST or modifying it. The Finance Minister Lekey …

Finance Minister Lyonpo Lekey Dorji said rising geopolitical tensions pose a risk to the country’s economic outlook. He noted that Bhutan’s heavy reliance on imported fuel makes it vulnerable to global price swings, which could drive up inflation, increase transport costs, and put pressure on government finances and the broader …

MoICE Minister Lyonpo Namgyal Dorji addressed recent concerns regarding the cancellation of a private newspaper’s license, clarifying that the decision was strictly procedural. The license expired on 30th October 2025, and despite the full 120-day renewal window, including grace and penalty periods, and multiple reminders, the required documents were not …

A quiet tug of war has been unfolding between the government and Bhutan Telecom (BT) over the mobile data price reduction since 27th February 2025, when the Cabinet approved the internet cost reduction strategy. The directive called for a 50 percent reduction in mobile data prices for packages ranging from …