Saturday, July 5, 2025
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Bhutan’s public debt crosses Nu 298bn, nearly equal to entire economy

July 4, 2025
in Economy, Headlines, Other Stories
Reading Time: 1 min read
0
0
SHARES
604
VIEWS
Share on FacebookShare on Twitter

The country’s total public debt has crossed Nu 298bn as of March this year, almost the size of the entire economy. This means for every ngultrum Bhutan earns, it owes almost the same in debt. According to the latest Public Debt Situation Report released by the Ministry of Finance, public debt now accounts for about 99 per cent of the country’s estimated Gross Domestic Product. Compared to the previous quarter, the debt has increased by Nu 5.4bn, mainly due to a rise in borrowings from outside the country.

Out of the total debt, about Nu 277bn is borrowed from foreign countries. This is a sharp three per cent increase from the previous quarter.

A significant share of the external debt, around Nu 170bn, is for hydropower projects like Mangdechhu, Punatsangchhu I & II, Basochhu, Nikachhu, and Dagachhu.

Bhutan owes the majority of its external debt to India. The remaining is owed in convertible currency, which is a little over a billion US Dollars.

While foreign debt increased, domestic debt, which is the money borrowed from within the country, dropped to about Nu 21bn from Nu 23.5bn, a 10 per cent decrease from the previous quarter.

According to the finance ministry, despite the high debt level, the risk is considered manageable. This is because most of the external debt is for hydropower projects, which have long repayment periods and are backed by future earnings from electricity exports to India.

Kinley Bidha

Edited by Tandin Phuntsho

Previous Post

The Bhutan Broadcasting Service would like to seek Expression of Interest from Interested eligible production houses to organize reality shows during weekend

Next Post

ILO ranking on Bhutan’s long working hours not alarming, says MoICE Minister

Next Post
ILO ranking on Bhutan’s long working hours not alarming, says MoICE Minister

ILO ranking on Bhutan's long working hours not alarming, says MoICE Minister

“Haa Ley-Me Ley” campaign to brand and promote Haa as desirable travel destination

“Haa Ley-Me Ley” campaign to brand and promote Haa as desirable travel destination

RECOMMENDED NEWS

2 new courses for Gyalpozhing College

2 new courses for Gyalpozhing College

6 years ago
28
Completion date of Wangdue Dzong’s reconstruction pushed further

Completion date of Wangdue Dzong’s reconstruction pushed further

9 years ago
8
The movement cards and zoning system put to use for vegetable distribution

The movement cards and zoning system put to use for vegetable distribution

5 years ago
3
Status of Jigmeling Industrial Estate, National Assembly

Status of Jigmeling Industrial Estate, National Assembly

5 years ago
2

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (449)
  • Announcement (181)
  • Audience Survey Report (1)
  • Business (762)
  • Crime/Legal (371)
  • Culture (48)
  • Development (57)
  • Disaster (57)
  • Economy (295)
  • Education (420)
  • Entertainment (16)
  • Environment (68)
  • Feature (65)
  • Featured (6)
  • Festival (81)
  • GMC (14)
  • Headlines (5)
  • Health (634)
  • HYDROPOWER (1)
  • Legal (53)
  • Literature (9)
  • Livestock (77)
  • Media (26)
  • Other Stories (5,722)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (715)
  • Social (556)
  • Sports (457)
  • Technology (192)
  • Tourism (23)
  • Uncategorized (13,869)
  • Video (141)
  • Video Story (257)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
  • Post-mortem confirms foul play: Progress in investigation of 24-year-old woman’s death

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • “Haa Ley-Me Ley” campaign to brand and promote Haa as desirable travel destination
  • ILO ranking on Bhutan’s long working hours not alarming, says MoICE Minister
  • Bhutan’s public debt crosses Nu 298bn, nearly equal to entire economy
  • The Bhutan Broadcasting Service would like to seek Expression of Interest from Interested eligible production houses to organize reality shows during weekend
  • ICIMOD and Dept of Energy propose solar and wind-powered irrigation for Bhutan

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • HYDROPOWER
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.