USD Reserves at USD 589 mn When the new government came into office they were left with Nu 22.1 bn in government bonds debt and Nu 9.8 bn in Treasury bill debts, both of which are the highest ever. Both borrowings are from the domestic market and primarily from Financial …
Read More »Headless body of dead baby found in Taba
On 17th March, 2024 at around 9 am the North Thimphu Police Station (NTPS) received a complaint of the body of a dead baby being found near Rinchenling Home, Taba, Thimphu. Upon receiving the complaint, the joint investigation team from NTPS and forensic team of JDWNRH proceeded to the scene. …
Read More »Addressing a Nu 59 bn shortfall in the 13th plan
The draft 13th plan at the moment is Nu 512 billion (bn) and so far, the plans submitted by the ministries is taking the plan up to Nu 600 bn even. However, this is expected to be rationalized and brought down to a more realistic figure in the coming weeks. …
Read More »Nu 100 bn commitment includes 13th plan support and ESP
Indian Prime Minister Narendra Modi had announce a total grant package of Nu 100 bn for the next five years for Bhutan. This includes Nu 85 bn as support for the Nu 512 bn 13th Plan and Nu 15 bn for the Economic Stimulus Plan (ESP) requested by the current …
Read More »What Modi’s visit means for Bhutan
It is said that the Himalayas and Prime Minister Narendra Modi have always had a special relationship. At a time when younger people look for comfort and security PM Modi at the young age of 17 travelled for two years in the Himalayas taking early morning icy baths , seeking …
Read More »Advanced talks with Tata on 600 MW Kholongchu project
More IG model projects unlikely as Bhutan-India hydro cooperation evolves Negotiations are at an advanced stage for Tata Power to be involved in the 600 MW Kholongchu hydro project. Around two to three rounds of meeting have already been held and it has been agreed in principal that Tata power …
Read More »81% of Bhutan’s air pollution comes from our neighbors
While our air is better than our neighbors it is not as clean as we think it is PM 2.5 contributions from different countries to total PM 2.5 in Thimphu for different seasons Except for the last few days the air quality in the last few weeks have been noticeably …
Read More »More details on Phajo Nidup case and a Nu 818 mn NPL
The last issue of The Bhutanese ran a story about Phajo Nidup’s conviction by the special bench including all others involved. It also talked about how collusion and illegalities took place in Phuentsholing Thromde, National Land Commission, Phuentsholing Dungkhag, RBP, RSTA, BDBL, BNB and the BoB Gedu branch. This week …
Read More »Indian Prime Minister Narendra Modi expected to visit Bhutan on 21st March
Narendra Modi, the Prime Minister of India will visit Bhutan on 21st March till 22nd March. The Prime Minister of India shared on the social media platform “X” that he engaged in fruitful discussions covering diverse aspects of the unique and special partnership between the two nations. He expressed gratitude …
Read More »63-year-old illiterate man convicted for forging an English signature
His daughter points out several lapses in the forensic evidence and procedure used for his conviction On the 6 March 2024, the Supreme Court passed a verdict convicting a 63-year-old man named Legola to three years in prison in Chamgang jail for forging the English signature of a Kelzang Dolkar …
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The Bhutanese Leading the way.