BUSINESS

The biggest source of worry in the 2022-23 budget report is the biggest ever fiscal deficit of Nu 22.882 billion (bn) at 11.25 percent of GDP. To add to this there was another record fiscal deficit in the 2021-2022 budget of 17.498 bn. With most of the above fiscal deficits …

The Member of Parliament (MP) of Drukjeygang-Tseza constituency, Jurmi Wangchuk, during the question-and-answer session in the National Assembly (NA) said while BHU grade-1 in 15 dzongkhags have been upgraded to Dzongkhag General Hospitals, however, the BHU in Dagana has not been upgraded. He informed the House that Dagana has two …

During the question and answer hour session at the National Council (NC) yesterday, the NC member from Sarpang, Anand Rai asked three questions to the Agriculture Minister, Yeshey Penjor on what support the Ministry of Agriculture and Forests (MoAF) provides to the farmers, so that they do not lose their …

Member of Parliament (MP) of the Bartsham-Shongphu constituency, Passang Dorji, asked the Minister of Economic Affairs, Loknath Sharma, on the government’s specific strategies to develop the private sector. “The GDP contribution of the private sector to the economy is only about 40 percent, but on the other hand, in order …

Almost all grocery shops in Thimphu have seen a higher maximum retail price (MRP) of imported commodities, especially those imported from India and Thailand due to the hike in fuel prices and the consequent inflation. Most wholesalers in Thimphu are selling the commodities at 5-10 percent increase in the MRP …

According to the National Plant Protection Center (NPPC), Ministry of Agriculture and Forests, armyworm outbreaks in Bhutan occur sporadically, especially in crops such as paddy and maize. The seasonal factors also play a role in their outbreak. Deputy Chief Plant Protection Officer, Kiran Mahat (PhD), said that with the onset of …

According to the Minister of Economic Affairs Loknath Sharma, all restaurants (both new and existing ones) will be allowed to sell alcoholic drinks, and function both as a bar and a restaurant tentatively with effect from 1 June 2022. The Lyonpo said, “After so many debates and deliberations, I am …

As per the Department of Information Technology and Telecom (DITT) under Ministry of Information and Communications (MoIC), in collaboration with the Department of Civil Registration and Census (DCRC), Ministry of Home and Culture Affairs (MoHCA) and the De-Suung Office, the project has collected biometric data from 219,396 individuals as of 29 …

As fuel prices go through the roof also pushing up the cost of goods, the Department of Trade is expected to make a presentation to the Prime Minister and Foreign Minister to reduce the fuel price from India. The presentation will give a basic background of the discussions so far …

The government promised to set up the Sungjoen App and provide free WiFi to all citizens within the first 120 days of its governance. However, this didn’t take place, and people are still wondering about the pledges. According to the Information and Communication Minister Karma Donnen Wangdi, the ministry is …