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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...

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...

Turning areca nut leaf sheaths into eco-friendly plates

Turning areca nut leaf sheaths into eco-friendly plates

In Samdrup Jongkhar’s Langchenphu Gewog, areca nut leaf sheaths are being transformed into biodegradable plates and cups. These eco-friendly alternatives are replacing plastic at celebrations. This shift has helped reduce pollution and promote a cleaner and greener community. Without the areca nut plate and cup-manufacturing unit, the areca nut sheaths were discarded openly. Now, they are collected and processed into...

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