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Foreign grants drop by over 26 per cent in last financial year

Foreign grants drop by over 26 per cent in last financial year

With around Nu 10.6bn received in foreign grant in the last financial year, Bhutan's foreign grant has dropped by over 26 per cent compared to the previous year. Bhutan received around Nu 14.4bn in the 2022-2023 fiscal year, according to the Annual Financial Statements. This change came as Bhutan transitioned from a Least Developed Country to a developing nation, impacting...

Thimphu Magics gear up for SABA Club Championship

Thimphu Magics gear up for SABA Club Championship

The country’s A-League Basketball reigning champions, Thimphu Magics, are preparing to compete in the upcoming South Asian Basketball Association (SABA) Club Championship. The tournament which will be held in Chennai, India, from the 2nd of next month till the 6th will feature top club champions from five South Asian nations, including India, Pakistan, the Maldives, Sri Lanka, and Bhutan. This...

Bhutan joins global call for gender equality to mark International Women’s Day

Bhutan joins global call for gender equality to mark International Women’s Day

While progress has been made towards eliminating gender disparity, much remains to be done. Speaking at the UN commemoration event for International Women's Day, UN Secretary-General António Guterres said that eradicating extreme poverty for women and girls would take another 130 years. Here in Bhutan, marking the day in Phuentshogling, participants called for urgent and sustained action to accelerate gender...

Samdrup Jongkhar Thromde takes over Zangdopelri but faces restoration challenges

Samdrup Jongkhar Thromde takes over Zangdopelri but faces restoration challenges

After years of legal disputes, Samdrup Jongkhar Thromde has officially taken over the Zangdopelri, compensating the caretaker and temple construction coordinator with over Nu 27 M. However, with the temple in a deteriorating state, the Thromde administration now faces a new challenge of securing funds for its restoration. The Zangdopelri is in poor condition with broken windows, cracked walls, and...

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