LOCAL NEWS

MoIT allocated Nu 350 million for monsoon restoration efforts

The Ministry of Infrastructure and Transport (MoIT) allocated Nu 350 million for emergency maintenance efforts this year, including monsoon restoration and roadblock clearance. This budget represents an increase from previous years, driven by the inclusion of dzongkhag roads into the Department of Surface Transport (DoST) road network.  The allocated funds …

Read More »

Carbon-Linked Bonds: A Potential Path to Climate Financing

In a recent discussion highlighting Bhutan’s innovative financial strategies to combat climate change, experts examined the potential of carbon-linked bonds (CLBs) as a means to attract private sector investment and bolster the country’s environmental commitments during the final day of Bhutan Innovation Forum. These bonds, linked to future carbon prices, …

Read More »

How Ireland uses its diaspora

During a recent press meet with the European Union delegations, Kevin Kelly, the Ambassador of Ireland to India, said, “Over the past three decades, Ireland has transitioned from being a nation of mass emigration to welcoming citizens and migrants who support its growing economy.” He said that as a result, …

Read More »