The finance minister said that in order to minimize the outflow of foreign currency, there should be a long-term measure like structural reforms in economy that is taking place right now. The finance minister said that over the period, the country is seeing an exorbitant import bill contributing to huge outflow of foreign currency. The minister also said Bhutan had a trade deficit of Nu 49bn last year with India alone. The minister was responding to the media’s questions on depleting foreign reserves during the Meet the Press session this afternoon.
𝗘𝘅𝗼𝗿𝗯𝗶𝘁𝗮𝗻𝘁 𝗶𝗺𝗽𝗼𝗿𝘁 𝗯𝗶𝗹𝗹 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗻𝗴 𝘁𝗼 𝗵𝘂𝗴𝗲 𝗼𝘂𝘁𝗳𝗹𝗼𝘄 𝗼𝗳 𝗳𝗼𝗿𝗲𝗶𝗴𝗻 𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝘀𝗮𝘆𝘀 𝗳𝗶𝗻𝗮𝗻𝗰𝗲 𝗺𝗶𝗻𝗶𝘀𝘁𝗲𝗿The finance minister said that in order to minimize the outflow of foreign currency, there should be a long-term measure like structural reforms in economy that is taking place right now. The finance minister said that over the period, the country is seeing an exorbitant import bill contributing to huge outflow of foreign currency. The minister also said Bhutan had a trade deficit of Nu 49bn last year with India alone. The minister was responding to the media's questions on depleting foreign reserves during the Meet the Press session this afternoon. #thimphu #bbs #news #asia #druk #media #bhutan #bhutanese
Posted by BBS on Friday, June 30, 2023
