HEADLINE STORIES

ESP monitoring to be strengthened

RAA also doing a performance audit on ESP With growing controversy surrounding the ongoing Economic Stimulus Plan (ESP), the ESP Steering Committee has decided to strengthen and enhance monitoring of the various ESP programs including the Concessional Credit Line. A senior official said that the ESP Steering Committee used to …

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South and West hardest hit due to flooding

By 10th October evening a more complete picture of the extensive damage caused by the 5th October floods across the country has emerged. These floods caused extensive damage to bridges, roads, farm infrastructure, and residential structures. 3 people are likely dead as two persons are reported missing in Haa Dzongkhag …

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Their Majesties blessed the Royal Dassai tika

His Majesty The King and Her Majesty The Gyaltsuen blessed the Royal Dassai tika, which will be sent to dzongkhags across Bhutan for families celebrating the festival on 29 September 2025. Dassai is the most significant festival for the Hindu community in Bhutan. It is celebrated over 10 days with …

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The corruption test in ESP

With claims and counter claims, a few things will decide whether corruption has occurred in the Economic Stimulus Plan’s (ESP)  Nu 3 billion (bn) Concessional Credit loans given at 4 percent. The only agency that has the legal right and statutory authority to investigate allegations of corruption in Bhutan is …

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More allegations on ESP loans and an in depth look at them

An anonymous account called ‘Drukpa Dorje’ has been creating a flutter online with detailed posts on loans taken under the Economic Stimulus Plan (ESP). Ordinarily, The Bhutanese would ignore anonymous posts without any proof, but the Opposition Party and the Government both asked the Anti-Corruption Commission (ACC) to investigate allegations …

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Where did the ESP loans go and how?

A common online critique and allegation against the Economic Stimulus Plan (ESP) concessional credit loan these days is that it has primarily benefitted the rich and well-connected, and those with already big businesses compared to ordinary farmers and struggling people in need of the loan. The Bhutanese decided to take …

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