Budget targets 2 percent GDP growth

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Taking into consideration the impact of the Covid-19 pandemic on the economy, the government has set five fiscal policy targets, including containing the GDP growth at a minimum of 2 percent, in the fiscal year (FY) 2020-21.
Bad year for cardamomkuensel

Govt. working to absorb short-term shocks and set an economic roadmap

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The 21st century economic roadmap must begin with the change in mindset and this new way of thinking should be ingrained in every Bhutanese mind, Prime Minister Dr Lotay Tshering said.
Bad year for cardamomkuensel

Share trading in the secondary market increases three-folds

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Share trading in the secondary market has hit the roof, with more than 23M shares being bought and sold by individuals and institutions amounting to more Nu 2.2B transactions.
Bad year for cardamomkuensel

High NPL in tourism and service incurs Nu 2.5B loss to FIs

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The financial sector in the country has suffered a loss of Nu 2.54B in September this year due to increased interest expense and non-performing loans (NPL).
A kilogram of onion costs Nu 140 in Thimphukuensel

Onion becoming increasingly unaffordable

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Never in her 15 years as a vegetable dealer did Sangay Bhuti see the price of onion go up so high. Price rise have hit the consumers, not least those low-income bracket.

Gross national savings at Nu 42B

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The country’s economy witnessed a Gross National Savings of Nu 41.9B in 2018 against Nu 41.6B in 2017, a slight increase by about Nu 351.74M.
The export season lasts until late Februarykuensel

Poor yield worries mandarin exporters in Gelephu

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There has not been enough supply this season at the orange depot above the sewerage treatment plant in Gelephu. 
Bad year for cardamomkuensel

GDP growth plunges to 3 percent in 2018

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Since the onset of democracy, one peculiar trend in the economic growth rate has been the plunging GDP growth rate towards the end of the elected government’s tenure or the Five Year Plan.

FDI sector registers slower growth

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The country recorded a slight decline in the number of Foreign Direct Investment (FDI) projects coming in with only 12 projects approved as of November.
Bad year for cardamomkuensel

Bank records loan disbursement of Nu 143B

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Phub Dem Financial institutions in the country have lent Nu…
Bad year for cardamomkuensel

No moratorium on loans, bankers only being prudent

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Bankers raised numerous concerns including defaulting on loans, credit exposure, and lack of investment in the economy, when they met the ministers of economic affairs and finance,
Lyonpo Loknath Sharma launch the energy efficiency and conservation policy and energy efficiency roadmapKuensel

Energy savings can top up Nu 336M annually in revenue

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The government could bring in additional revenue of Nu 336M annually by improving energy efficiency and standards in four major sectors: building, appliances, transport and industry.
Bad year for cardamomkuensel

Bad year for cardamom

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Cardamom price this year has not improved after it plummeted in the beginning of the year.