Increased credit to private sector to accelerate growth

The central bank, Royal Monetary Authority (RMA), projects a 22.6 percent increase in credit to the private sector, reaching a whopping Nu 204 billion, in the fiscal year 2023-24. 

According to RMA’s recent monetary policy statement, this is up from Nu 166.4 billion in the previous year, significantly higher than the 10.6 percent growth recorded during the pandemic in fiscal year 2021-22.

CCAA investigates ‘Hamster Kombat’ and ‘Druksky’ for potential illegal operations

The Competition and Consumer Affairs Authority (CCAA) has launched investigations into...

Renewed efforts to revamp childhood cancer care

The government is taking major strides to improve childhood cancer care...

JSW Law and UNICEF hold first Child Justice Summer School

A two week Child Justice Summer school, the first to be...

Shaping lives, empowering the Deaf

Paro—The soft hum of focused activity fills the air as 25-year-old...

Mongar Drop-in Centre—vital lifeline for substance abusers

Mongar—Twenty -two- year-old, Kinley Dorji’s life could have spiralled out of...

Historic launch of Gyalsung in Jamtsholing sparks hope and excitement

Samtse—Located about 40 kilometres from Samtse town toward Tashicholing, Jamtsholing, formerly...

New dawn for Bhutanese youth

Gyalpoizhing—In a historic moment towards shaping the future of Bhutanese youth,...

Japanese company to transform Chanachen village into organic farming model

Chanachen village in Geling Gewog, Chukha is on the threshold of...

Financial institutions to rigorously assess ESP applications

Financial institutions (FI) in the country have started accepting applications for...

Road inches closer to Laya

Gasa—Travelling to the highland village of Laya in Gasa, which hosts...

Mongar town calls for CCTV surveillance to tackle crime and littering

Mongar—With increasing population and number of vehicles in Mongar town, residents...

Reinventing Sowa Rigpa—traditional science of healing

In recent years, sowa rigpa or traditional science of healing is...

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