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Paro hosts conference on climate solutions for Himalayas

Paro hosts conference on climate solutions for Himalayas

Experts, donors and policymakers have gathered for a six-day conference in Paro to find solutions for mitigating and adapting to climate change in the Hindu Kush Himalayan region. The conference serves as a platform to exchange knowledge and develop plans for securing future funding for climate action. With this year on track to be the hottest on record, with temperatures...

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...

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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