This maybe one thing that cannot be blamed on COVID-19 but is a core problem in the heart of Bhutan’s Financial System that has been growing over the years, and is now big and serious enough to threaten the very stability of the entire Financial System, if something is not …
Read More »The 2020-21 Financial Year budget of the government has a gaping and record fiscal deficit hole of 7.36 percent or Nu 15.329 billion (bn). Of this amount the government plans to borrow Nu 13.592 bn from the domestic borrowings. While a portion of this amount will be met with the …
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With increasing cases of smugglers and people crossing the international boundary of Bhutan with India, there is a huge and growing risk of community transmission coming in Bhutan via a person who gets across undetected but carries the virus. Bhutan shares its boundary with four Indian states starting from Sikkim …
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His Majesty The King arrived back in the capital today after a tour of the Eastern parts of the country. After visiting Bumthang, His Majesty visited the eastern dzongkhags of Mongar, Lhuentse, Tashiyangtse, and Tashigang in the last few days. Besides meeting COVID-19 task force teams, His Majesty met with …
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There are around a 100 COVID-19 vaccines under development by various countries around the world with two of them ahead of the pack and showing promising results in trials. One of them is the Oxford University vaccine that is already in the stage three of mass human trials as announced …
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PE may be held in in October and ME towards end of December The much awaited Bhutan Civil Service Exams (BCSE) will be delayed by around three months. The RCSC Chairperson Karma Hamu Dorjee said that in a normal year students start registering for the BCSE Exams by mid June …
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India maybe the next global hotspot for COVID-19 Neighboring India crossed a million COVID-19 cases late on Thursday around 170 days after it saw its first case in Kerala. As of today it has 1.115 mn cases and 28,084 deaths. In addition to this, the neighboring states of West Bengal …
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His Majesty The King is on a Royal Tour of the central, eastern, and southern parts of Bhutan to inspect the impact and works related to COVID-19. The Prime Minister and the National Council Chairperson are accompanying His Majesty. His Majesty visited the Bumthang Wobthang Agriculture project in Tang on …
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The Ministry of Finance (MoF) and the Druk Holdings and Investment (DHI) are working together to invest Bhutanese funds in financial markets and instruments abroad to generate better returns for the government. The aim is to also take advantage of this COVID-19 period where global stock markets have experienced a …
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Most internet connections had snapped without this gateway during Cyclone Amphan Following the destruction cased by Cyclone Amphan in Kolkata, Bhutan saw its largest Internet Service Provider (ISP) Bhutan Telecom crash out on 21st May evening with no internet lines until the next day on 22nd May. The second largest …
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The Bhutanese Leading the way.