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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,...

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...

Lack of oil extraction machine hampers Dagana’s mustard growers

Lack of oil extraction machine hampers Dagana’s mustard growers

Many farmers in the country have stopped cultivating mustard due to the availability of imported oil and the labour-intensive extraction process. However, in Dagana's Maenchhuna village, about 30 households still cultivate mustard as a source of income. The lack of an oil extraction machine has made processing mustard into oil challenging. Most farmers in Maenchhuna village grow mustard, with plots...

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