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Remittances from Bhutanese abroad hit USD 210 M

Remittances from Bhutanese abroad hit USD 210 M

Bhutanese living abroad collectively remitted more than USD 210 M between August last year and October this year, according to the Central Bank’s monthly statistical bulletin. December last year saw the highest monthly remittance, nearly USD 29 M. Australia emerged as the top source of remittances, with contributions rising from USD 1.87 M in August 2023 to a peak of...

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...

RCSC’s Executive Forum charts path to civil service transformation

RCSC’s Executive Forum charts path to civil service transformation

Efforts are underway to bring transformation in the civil service. The Royal Civil Service Commission’s Executive Forum which concluded today focused on how leadership can serve as a catalyst for transformation. The forum emphasized on self-reflection, re-examining current practices, and setting a vision for the future. Nearly 100 senior executives from ministries, agencies, and districts attended the forum in the...

Khainorong village’s 20-year-old water system struggles to meet demand

Khainorong village’s 20-year-old water system struggles to meet demand

Access to water is essential for daily life, but not everyone has it 24/7. In Khainorong Village of Samdrup Jongkhar’s Gomdar Gewog, residents have been struggling with severe drinking water shortages. Their only water supply system, built 20 years ago, has never been upgraded, leaving the community desperate for a solution. The water supply has become inadequate with no major...

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