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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...

Turning areca nut leaf sheaths into eco-friendly plates

Turning areca nut leaf sheaths into eco-friendly plates

In Samdrup Jongkhar’s Langchenphu Gewog, areca nut leaf sheaths are being transformed into biodegradable plates and cups. These eco-friendly alternatives are replacing plastic at celebrations. This shift has helped reduce pollution and promote a cleaner and greener community. Without the areca nut plate and cup-manufacturing unit, the areca nut sheaths were discarded openly. Now, they are collected and processed into...

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...

Machinery and tools transform farming in Dagana

Machinery and tools transform farming in Dagana

Farmers of six gewogs in Dagana have become self-sufficient. Thanks to the support from the Food Security and Agriculture Productivity Project for the last five years. The project supplied farmers with tools, machinery, and materials to increase productivity and income. The five-year project in the district concludes this month. The sound of portable power tillers now fills the fields in...

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