BBSCL

The World Bank has approved a USD 40 M financing package to help Bhutan address the growing challenges posed by climate change and natural disasters. Being heavily reliant on its hydropower sector, Bhutan faces increasing risks from natural hazards such as glacial lake outburst floods (GLOFs), earthquakes, and wildfires. The financing aims to improve Bhutan’s ability to prepare for and...

The Royal Audit Authority (RAA) reported irregularities worth almost Nu 4bn in the financial year 2023-2024. This is an increase of nearly a billion ngultrum compared to the previous financial year. This is according to the authority's latest annual report, which was launched today. However, the overall trend over the past four years shows that the trend of irregularities has...

  The Royal Audit Authority recommends the government to come up with clear guidelines on hospitality and entertainment expenses. According to the latest audit report, the government spent Nu 126 M in the last three years. The report raised concerns of misuse which has been there since the first government. The government spent close to Nu 92 M for hospitality...

The people of Pasaphu-Peydung Chiwog in Trashigang’s Kangpar Gewog have been weaving bamboo products for their livelihood for decades. While traditional processing methods and raw material shortages have posed challenges, the installation of bamboo processing machines earlier this year has significantly benefitted the people. The people are now requesting an additional machine to process smaller bamboo strips needed for weaving...