The Bhutanese Leading the way.
The Nobel laureate said that Bhutan’s USD reserves is too high with low yields creating more debt through rupee borrowings and that government deposits in financial institutions fuels credit growth Noble laureate Professor Joseph Stiglitz pointed out weaknesses in Bhutan’s monetary (banking and financial regulation) and fiscal (government expenditure and …
Read More »Education City Project bid ratified by Cabinet
Bhutan’s Education City Project, an ambitious scheme incepted two years back is finally moving forward with the project bid further ratified by the Cabinet as per the Private Participation in Infrastructure (PPI) framework policy. The bid has been awarded to the consortium bidders, Infinity Infotech Parks ltd and ILFS (Infrastructure …
Read More »