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Delay in PHPA-II commissioning to stall economic growth for 2024

Delay in PHPA-II commissioning to stall economic growth for 2024

Delays in fully commissioning the Punatsangchhu-II hydropower project are expected to affect economic growth in 2024. The country’s economy is now projected to grow by five per cent this year, over one percentage point lower than earlier estimates. The finance ministry, in its latest macroeconomic situation report, said that the downward revision was mainly due to the PHPA-II commissioning delay...

Machinery and tools transform farming in Dagana

Machinery and tools transform farming in Dagana

Farmers of six gewogs in Dagana have become self-sufficient. Thanks to the support from the Food Security and Agriculture Productivity Project for the last five years. The project supplied farmers with tools, machinery, and materials to increase productivity and income. The five-year project in the district concludes this month. The sound of portable power tillers now fills the fields in...

Areca nut use hits 60% in Bhutan, raising health concerns

Areca nut use hits 60% in Bhutan, raising health concerns

The National Health Survey 2023 reveals that areca nut consumption among Bhutanese aged 15 to 69 rose to nearly 60 per cent last year, marking a three per cent increase since 2019. The health ministry attributes the rise to the product being cheap, easily available and culturally accepted in the country. To address this, the ministry plans to introduce measures...

Public debt at Nu 290bn as of September 2024

Public debt at Nu 290bn as of September 2024

The country's public debt rose by over Nu 5bn in the third quarter of 2024 compared to the second quarter. The finance ministry's quarterly Public Debt Situation Report reveals that as of September, the total public debt surpassed Nu 290bn. Of this amount, external debt accounts for a significant 92 per cent. Total public debt refers to the total amount...

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