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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...

Tashichhoeling farmers struggle with elephant destruction, demand intervention

Tashichhoeling farmers struggle with elephant destruction, demand intervention

Farmers of Tashichhoeling Gewog in Samtse, who depend on areca nut farming, are struggling with frequent elephant attacks. These elephants damage homes, threaten lives, and destroy betel nut trees, undoing years of hard work. Frustrated by the losses, the affected farmers are urging authorities to implement stronger measures and provide damage compensation caused by elephants and other wildlife. Elephants have...

Lingzhi Dzong inaugurated after extensive renovation

Lingzhi Dzong inaugurated after extensive renovation

The Lingzhi Dzong, a historically significant fortress in north Thimphu, was officially inaugurated today. Indian Ambassador to Bhutan, Sudhakar Dalela, inaugurated the dzong following its extensive renovation in October. Restoration work, part of the Lingzhi Dzong Conservation Project, began in 2018 after the Dzong was severely damaged in the September 2011 earthquake. The dzong was renovated with the funding support...

Audit observes poor workmanship in farm road GSB projects

Audit observes poor workmanship in farm road GSB projects

In its latest report, the Royal Audit Authority revealed several audit issues concerning the laying of Granular Sub-Base (GSB) on farm roads. These include the rapid appearance of potholes, erosion, and GSB washouts shortly after project completion. The report also highlighted the use of improperly graded GSB materials and inadequate compaction. The authority stated that such practices compromise road durability...

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