Economy
Trade deficit drops by 21.13 per cent in 2023
Driven by increased exports and reduced imports, the country’s trade deficit significantly decreased in 2023. A trade deficit occurs when...
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GDP grows about 5 % to Nu 250bn, driven by service sector in 2023
The country’s gross domestic product, GDP, recorded a growth of about five per cent, reaching an economy size of about...
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PM optimistic on economic progress and Gelephu Mindfulness City’s role in tackling migration issues
The Prime Minister said the country is steadily recovering from the economic downturn triggered by the COVID-19 pandemic during the...
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No changes to Property Tax Act, PAVA rates to be reviewed – Finance Minister
The members of the National Council deliberated on the people’s concerns surrounding the Property Tax of Bhutan 2022 during the...
Read moreDetailsNC’s Economic Affairs Committee recommends increasing human resources to address underutilisation of capital budget
The Economic Affairs Committee of the National Council recommended increasing human resources to address the underutilization of the capital budget....
Read moreDetails13th FYP lacks clarity and details of major projects: National Council
The National Council's Economic Affairs Committee said except for hydropower and renewable energy projects, the 13th Five Year Plan (FYP)...
Read moreDetailsMoICE Secretary to hold trade agreement with Indian counterpart to ease trade issues
To address and solve trade-related issues between Bhutan and India, the industry, commerce and employment secretary will soon hold a...
Read moreDetailsDagachu Hydropower Project trades 800,000 Carbon Emission Reduction credits, earns USD 7 M
During the question hour session in the National Assembly today, Energy and Natural Resources Minister Gem Tshering said that the...
Read moreDetailsGovernment aims for Nu 15bn tourism revenue in 13th Five-Year Plan
The government aims to generate about Nu 15bn from the tourism sector within the 13th Five-Year Plan. This was shared...
Read moreDetailsNA’s Economic and Finance Committee proposes additional funds for food and drug authority in budget review
The National Assembly’s Economic and Finance Committee presented its review report on the Financial Year 2024-2025 budget today. The committee...
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