BBSCL

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...

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...

Farm roads serve as a lifeline for villagers in rural areas. In Wangdue Phodrang’s Bjagphu Chiwog, where farmers cultivate vegetables year-round, the road is crucial for transporting their produce to market. However, its condition has deteriorated over the years, making transportation increasingly difficult. Concerned villagers are now calling for urgent improvements. Starting from the Wangdue-Tsirang Highway junction, the 10-kilometer stretch...

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...