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 »Looking toward mega projects as the last messiah to solve the country’s INR crisis
The government in the midst of Rupee crunch is banking upon the long term impacts of mega projects like the Education City, the Amo Chhu Township, among other projects to ease the INR crunches. With the DHI INFRA spearheading these projects, The Bhutanese spoke to its CEO, Kinga Tshering on …
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