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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...

Slight decline in open defecation status

Slight decline in open defecation status

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...

Shorter MDR-TB treatment proving effective

Shorter MDR-TB treatment proving effective

With the rise in Multi-Drug-Resistant Tuberculosis or MDR-TB cases, the health ministry has been implementing the latest interventions. A shorter regimen with fewer side effects for MDR-TB started in June last year. So far, 18 people have been treated under the new regimen at the Gidakom Hospital in Thimphu. A regimen is a prescribed course of medical treatment. According to...

Government introduces Bill Discounting Facility to expedite contractor payments

Government introduces Bill Discounting Facility to expedite contractor payments

Contractors working on government projects can expect to receive their payments on time. The financial institutions introduced a new service, the Bill Discounting Facility today. This service is designed to expedite payments to contractors who usually experience delays in receiving payment upon completion of their work due to prolonged processes. However, with this facility, contractors will be able to present...

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