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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...

NRDCL shifts to locally sourced timber, making furniture more affordable

NRDCL shifts to locally sourced timber, making furniture more affordable

Producing furniture using locally sourced wood has not only helped the Wood Craft Centre stop rubberwood import but also made furniture more affordable to consumers. The centre, which earlier used rubberwood, has been utilizing domestic timber for furniture production since 2020.  At the centre’s recent furniture exhibition, locally made pieces were found to be 20 per cent cheaper than the...

𝗥𝗲𝗺𝗲𝗺𝗯𝗲𝗿𝗶𝗻𝗴 𝗗𝗮𝘀𝗵𝗼 𝗧𝘀𝗵𝗲𝗿𝗶𝗻𝗴 𝗪𝗮𝗻𝗴𝗱𝗮’𝘀 𝗿𝗲𝗺𝗮𝗿𝗸𝗮𝗯𝗹𝗲 𝗷𝗼𝘂𝗿𝗻𝗲𝘆

𝗥𝗲𝗺𝗲𝗺𝗯𝗲𝗿𝗶𝗻𝗴 𝗗𝗮𝘀𝗵𝗼 𝗧𝘀𝗵𝗲𝗿𝗶𝗻𝗴 𝗪𝗮𝗻𝗴𝗱𝗮’𝘀 𝗿𝗲𝗺𝗮𝗿𝗸𝗮𝗯𝗹𝗲 𝗷𝗼𝘂𝗿𝗻𝗲𝘆

Amidst the misty hills of Samtenthang village, the nation bid a heartfelt farewell to one of its most cherished sons, Dasho Tshering Wangda. His life, a tapestry of selfless service and unwavering dedication, came to a tragic end last week after a lone elephant attack. He was 72 and is survived by his wife and five children. The state funeral...

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...

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