BBSCL

With nearly 80 per cent of the work completed, the reconstruction of Sangchen Choekhor monastery in Paro is progressing well. The project, which began in 2021, is led by the Department of Culture and Dzongkha Development. Funded by the government of India with over Nu 400 M, it is on track for completion by 2027. Nearly 100 masons, carpenters and...

Samtse district has received Nu 299.4 M under Phase 1 of the High Impact Community Development Project (HICDP), previously known as the  Small Development Project.  The government approved the budget recently. The fund will be used for various projects, including farm road improvement, water supply enhancement and the development of market facilities, according to the district administration. The district’s annual...

The government underspent by more than Nu 6bn in its capital expenditure during the 2023-24 fiscal year, falling nearly 19 per cent short of its revised capital budget. A capital budget is the government's fund for long-term investments like infrastructure, schools, hospitals, roads, and development projects. According to the Annual Financial Statements released by the Ministry of Finance, the revised...

Bhutan aims to increase its GDP to USD 22bn by 2050, requiring an annual growth rate of eight percent. To achieve this, the country plans to invest in core and emerging sectors such as hydropower, tourism, agriculture, digital economy, manufacturing and mining among others. This is according to "Bhutan’s 21st Century Economic Roadmap - A 10X National Economic Vision" the...