The impact of Ngultrum depreciation against the dollar
April 22nd, 2022
The Indian rupee (INR) has been depreciating against the US dollar (USD) in recent months and with the Ngultrum (Nu) pegged to the INR, there is a lot of pressure from the exchange rate fluctuations.
Government following up export issues
April 19th, 2022
The Ministry of Economic Affairs (MoEA) is following up with the...
Businesses to seek more relief measures
March 26th, 2022
Most of the businesses would not be able to repay loans...
Loan defaulters could hamper EV project
March 26th, 2022
Defaulting loans, borrowed to buy electric vehicles (EV), has become a hurdle...
Expansionary fiscal policy pushes debt-to-GDP ratio to 138.8 percent
March 26th, 2022
The country’s outstanding external debt increased to a record high of...
External debt rises to Nu 222.72B
February 17th, 2022
The country’s external debt rose by 1.3 percent (to Nu 222.72...
Nu 28.48B transacted digitally during the lockdown
February 12th, 2022
In what is one of the few positive impacts of the...
Govt. bond oversubscribed: what does it mean?
February 11th, 2022
The government raised Nu 3 billion (B) through the issuance of...
GDP growth targeted at 5 percent by June 2022
February 8th, 2022
Despite the pandemic, the government is aiming to achieve economic growth...
25 percent of capital budget spent in first half of fiscal year
January 27th, 2022
The country spent Nu 10.6 billion (B) as capital expenditure in...
Six projects under KUEN-Phen Financing starts operation
January 17th, 2022
When times are hard and inflation is spiralling out of control,...
FDI declines by 40 percent
January 11th, 2022
The country recorded a 40 percent decline in foreign direct investment...
Economy growth neutral in 2021: PM
January 1st, 2022
Economy growth of the country in 2021 would be neutral or...