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Economic growth forecasted to reach 9.8% in 2025- RMA

Economic growth forecasted to reach 9.8% in 2025- RMA

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...

Inflation drops to 2 per cent in 2024 – RMA

Inflation drops to 2 per cent in 2024 – RMA

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,...

Landslide-prone stretch in Kangpara continues to pose risks to travellers

Landslide-prone stretch in Kangpara continues to pose risks to travellers

A landslide prone stretch along the Kangpara Gewog Centre road in Trashigang continues to pose risks to travellers. Yet, many people prefer the route due to its shorter distance and blacktopped surface. They are urging the relevant authorities to implement mitigation measures. The stretch which is around 100 metres was damaged during monsoon in 2020. In recent years, several vehicles...

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