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Inflation drops to 2 per cent in 2024 – RMA

Inflation drops to 2 per cent in 2024 – RMA

The Royal Monetary Authority's 2024 annual report reveals that inflation in Bhutan has dropped to one of its lowest levels last year since the COVID-19 pandemic. The figure fell to 2 per cent as of August from 5.7 per cent in the same month in 2023. This decline, largely driven by falling fuel prices and slower increases in non-food costs,...

New irrigation scheme promises better yields and livelihoods in Dagana

New irrigation scheme promises better yields and livelihoods in Dagana

Farmers of Thasa and Kompa chiwogs of Dagana’s Laja Gewog will finally have access to reliable irrigation water starting this year. The irrigation water scheme for the two chiwogs is nearing completion. This is expected to boost agricultural production, especially rice yield and improve farmers’ livelihoods. Farmers in Thasa Chiwog are currently busy threshing paddy grown mostly using rainwater and...

Bhutan’s disaster preparedness remains inadequate – World Bank’s “Crisis Preparedness Gap Analysis”

Bhutan’s disaster preparedness remains inadequate – World Bank’s “Crisis Preparedness Gap Analysis”

With the country facing increasing natural disasters driven by climate change, Bhutan’s disaster preparedness remains inadequate. This is according to the World Bank’s recent "Crisis Preparedness Gap Analysis" policy brief. This year alone, Bhutan has already experienced around five reported forest fire cases and an earthquake, highlighting the natural hazards the country is vulnerable to. According to the document, the...

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