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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...

Shali village celebrates consecration of newly renovated two-storey Lhakhang

Shali village celebrates consecration of newly renovated two-storey Lhakhang

The people of Shali village in Pema Gatshel’s Shumar Gewog celebrated the consecration of their newly renovated two-storey community, Lhakhang. The reconstruction began in 2020 and was completed in August this year, costing Nu 6 M. The new Lhakhang provides a spacious hall and better facilities for community rituals. Shortage of space was a problem for the people while conducting...

Pasakha to have new satellite clinic

Pasakha to have new satellite clinic

The need for a hospital in Pasakha in Phuentshogling has become crucial due to the growing population in the area. Recognising the need, Phuentshogling Thromde has begun the design and estimation work for the much-needed facility. Pasakha is not only home to the people of Samphelling Gewog but also serves as an industrial hub, hosting hundreds of workers. Despite having...

Remittances from Bhutanese abroad hit USD 210 M

Remittances from Bhutanese abroad hit USD 210 M

Bhutanese living abroad collectively remitted more than USD 210 M between August last year and October this year, according to the Central Bank’s monthly statistical bulletin. December last year saw the highest monthly remittance, nearly USD 29 M. Australia emerged as the top source of remittances, with contributions rising from USD 1.87 M in August 2023 to a peak of...

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