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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...

Four + one model to raise funds for Gelephu Mindfulness City

Four + one model to raise funds for Gelephu Mindfulness City

The Gelephu Mindfulness City must prioritise financially viable and bankable projects to secure investments. According to its Board Director, Yee Ean Pang, mobilising funds is crucial to realising the vision of Gelephu as a business hub. Speaking at a recent forum in the capital, the board director said that the city would adopt a “four-plus-one” funding model to attract investments....

National Senior Citizen Policy nears finalisation, action plan proposes state pension for elderly citizens

National Senior Citizen Policy nears finalisation, action plan proposes state pension for elderly citizens

With the country’s elderly population projected to double by 2047, concerns about age-friendly infrastructure, accessible healthcare, and public services have become pressing issues. Two months ago, the Cabinet Secretariat organised a multi-sectoral workshop supported by the United Nations Population Fund to develop action plans for Senior Citizen Policy. To garner support, the Royal Society for Senior Citizens conducted a high-level...

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