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Farmers in Goishing-Ridzommo turn to cassava for income, Pema Gatshel

Farmers in Goishing-Ridzommo turn to cassava for income, Pema Gatshel

Cassava is widely used in Bhutan for making flour. In some places, it is a staple food source. In the past, farmers only cultivated for personal consumption. However, some villages in Pema Gatshel are expanding cassava cultivation for flour production. They even sell it to piggery farms as feed. Goishing-Ridzommo Chiwog has embraced the shift, and cassava has become a...

World Bank approves USD 40 M for disaster resilience

World Bank approves USD 40 M for disaster resilience

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...

Government unveils plans to boost private sector growth

Government unveils plans to boost private sector growth

During Friday's Meet the Press session, the industry, commerce, and employment minister outlined a series of initiatives to support the growth of the country's private sector. In response to a question about boosting the stagnant private sector, he explained that the government is actively working to address key challenges, including access to finance, regulatory obstacles, and human resource shortages. Namgyal...

RAA reports irregularities worth nearly Nu 4bn in 2023-2024

RAA reports irregularities worth nearly Nu 4bn in 2023-2024

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...

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