BBSCL

The Royal Monetary Authority's 2024 annual report reveals that inflation in Bhutan has dropped to one of its lowest levels last year since the COVID-19 pandemic. The figure fell to 2 per cent as of August from 5.7 per cent in the same month in 2023. This decline, largely driven by falling fuel prices and slower increases in non-food costs,...

Bhutan was declared as an Open Defecation-Free country in 2022, marking a significant milestone in its journey towards improved sanitation and public health. However, recent reports indicate a slight decline, with the percentage dropping by approximately one per cent. According to SNV Bhutan, there are several reasons for the drop including disrepair of toilets and disasters destroying such structures. Tashi...

Bhutan’s economy is projected to grow steadily at 4.9 per cent in 2024 before surging to an impressive 9.8 per cent this year. According to the Royal Monetary Authority’s Annual Report 2024, the optimistic outlook is attributed to increased government investments under the 13th Five-Year Plan, the Economic Stimulus Programme, the commissioning of new hydropower projects, and a robust recovery...

In 2023, Bhutan imported 210 million litres or 1.3 million barrels of petrol and diesel. This is according to the Environmental Accounts Statistics, 2024. Diesel imports rose by 43 per cent from 2022, while petrol imports hit a 52 per cent increase. The report reflects a surge in vehicles and industrial activities, potentially straining Bhutan’s foreign reserves and widening the...