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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...

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...

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...

Thimphu Thromde’s fraud and corruption cases forwarded to ACC

Thimphu Thromde’s fraud and corruption cases forwarded to ACC

The Royal Audit Authority has referred four fraud and corruption cases concerning the Thimphu Thromde in the 2023-2024 financial year to the Anti-Corruption Commission (ACC). These cases included unauthorised granting of e-PEMS access to accountants, as well as discrepancies in non-revenue receipts. Additionally, potential misappropriation of funds and deposit of government funds into personal savings accounts, among other issues were...

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