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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...

Geotechnical survey underway for Gelephu International Airport

Geotechnical survey underway for Gelephu International Airport

The development of Gelephu International Airport is progressing, with a geotechnical investigation currently underway in Samtenling Gewog. Four teams are conducting surveys at various locations to gather data about the soil and rock conditions at the proposed site. During the 117th National Day celebrations on Tuesday, His Majesty The King announced that the airport construction will begin next year and...

Bhutan to build landmark international airport in Gelephu by 2029

Bhutan to build landmark international airport in Gelephu by 2029

During the 117th National Day celebrations at Changlimithang, His Majesty The King announced that Bhutan's priority for the next five years is to construct a large international airport in Gelephu. Speaking at a recent forum, Seow Hiang Lee, a Board Director of Gelephu Mindfulness City, said that Bhutan has the opportunity to create one of the finest airports. “This project...

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