As Bhutan stands at the threshold of a new political era, the collective anticipation for an economic renaissance is palpable. The dawn of a fresh government brings with it the opportunity to chart a course of strategic resurgence, steering the nation towards an economic revival through proactive governance. In this opinion piece, we delve into the imperative initiatives that the …

…𝒇𝒓𝒂𝒖𝒅, 𝒏𝒐𝒏-𝒄𝒐𝒎𝒑𝒍𝒊𝒂𝒏𝒄𝒆, 𝒂𝒏𝒅 𝒔𝒉𝒐𝒓𝒕𝒇𝒂𝒍𝒍𝒔 𝒆𝒙𝒑𝒐𝒔𝒆 𝒈𝒂𝒑𝒔 𝒊𝒏 𝒈𝒐𝒗𝒆𝒓𝒏𝒂𝒏𝒄𝒆 𝒅𝒖𝒓𝒊𝒏𝒈 𝑭𝒀 2022-23 𝑨𝒖𝒅𝒊𝒕 Sonam DekiIn a review of financial accountability, the Royal Audit Authority (RAA) has published 456 audit reports for the fiscal year 2022-23. Among them, 17 reports garnered qualified opinions, while the remaining 439 received unqualified opinions. Notably, the Annual Audit Report 2022-23, a compilation of 379 audit reports …

…𝒕𝒉𝒊𝒔 𝒆𝒏𝒅𝒆𝒂𝒗𝒐𝒓 𝒐𝒇𝒇𝒆𝒓𝒔 𝒖𝒔 𝒄𝒓𝒖𝒄𝒊𝒂𝒍 𝒔𝒖𝒑𝒑𝒍𝒆𝒎𝒆𝒏𝒕𝒂𝒍 𝒊𝒏𝒄𝒐𝒎𝒆, 𝒂𝒊𝒅𝒊𝒏𝒈 𝒊𝒏 𝒕𝒉𝒆 𝒎𝒂𝒏𝒂𝒈𝒆𝒎𝒆𝒏𝒕 𝒐𝒇 𝒅𝒂𝒊𝒍𝒚 𝒆𝒙𝒑𝒆𝒏𝒔𝒆𝒔 𝒔𝒖𝒄𝒉 𝒂𝒔 𝒑𝒖𝒓𝒄𝒉𝒂𝒔𝒊𝒏𝒈 𝒗𝒆𝒈𝒆𝒕𝒂𝒃𝒍𝒆𝒔 𝒂𝒏𝒅 𝒇𝒖𝒍𝒇𝒊𝒍𝒍𝒊𝒏𝒈 𝒐𝒖𝒓 𝒄𝒉𝒊𝒍𝒅𝒓𝒆𝒏’𝒔 𝒓𝒆𝒒𝒖𝒊𝒓𝒆𝒎𝒆𝒏𝒕𝒔, 𝒊𝒏𝒄𝒍𝒖𝒅𝒊𝒏𝒈 𝒕𝒉𝒆𝒊𝒓 𝒑𝒓𝒆𝒇𝒆𝒓𝒓𝒆𝒅 𝒎𝒆𝒂𝒍𝒔. Sonam Deki A group of housewives in Thimphu are carving out a niche for themselves, supporting their families by braiding the side fringes of the kira, kabney, and rachu. The kira, the traditional …

The recent release of the final accident investigation report on the helicopter crash in the country has brought to light critical lapses in safety protocols that demand immediate attention and stringent rectification. The findings underscore not only the tragic loss of lives but also the imperative for rigorous adherence to international safety standards in aviation operations. The incident, which claimed …

…𝑺𝒕𝒂𝒃𝒍𝒆 𝑳𝒊𝒒𝒖𝒊𝒅𝒊𝒕𝒚 𝑨𝒎𝒊𝒅 𝑳𝒐𝒘𝒆𝒓 𝑬𝒙𝒕𝒆𝒓𝒏𝒂𝒍 𝑨𝒊𝒅; 𝑴𝒐𝒏𝒆𝒕𝒂𝒓𝒚 𝑩𝒂𝒔𝒆 𝑫𝒆𝒄𝒍𝒊𝒏𝒆𝒔, 𝒃𝒖𝒕 𝑫𝒐𝒎𝒆𝒔𝒕𝒊𝒄 𝑪𝒓𝒆𝒅𝒊𝒕 𝑺𝒖𝒓𝒈𝒆𝒔; 𝑹𝑴𝑨 𝑰𝒎𝒑𝒍𝒆𝒎𝒆𝒏𝒕𝒔 𝑴𝒆𝒂𝒔𝒖𝒓𝒆𝒔 𝒕𝒐 𝑬𝒏𝒔𝒖𝒓𝒆 𝑪𝒓𝒆𝒅𝒊𝒕 𝑸𝒖𝒂𝒍𝒊𝒕𝒚. Sonam Deki In the Fiscal Year (FY) 2022/23, Bhutan experienced a robust growth of 9.8% in its money supply, fueled by an increase in Fixed & Current Deposits and a simultaneous surge in domestic credit, especially in the housing and …

…𝒓𝒆𝒑𝒐𝒓𝒕 𝒉𝒊𝒈𝒉𝒍𝒊𝒈𝒉𝒕𝒔 𝒑𝒊𝒍𝒐𝒕 𝒇𝒂𝒕𝒊𝒈𝒖𝒆 𝒂𝒏𝒅 𝒐𝒓𝒈𝒂𝒏𝒊𝒛𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝒐𝒗𝒆𝒓𝒔𝒊𝒈𝒉𝒕 𝒂𝒔 𝒄𝒐𝒏𝒕𝒓𝒊𝒃𝒖𝒕𝒊𝒏𝒈 𝒇𝒂𝒄𝒕𝒐𝒓𝒔 𝒊𝒏 𝒕𝒓𝒂𝒈𝒊𝒄 𝒊𝒏𝒄𝒊𝒅𝒆𝒏𝒕 Sonam Deki The final accident investigation report on the EC130 T2/H130 (MSN:8160) helicopter, registered as A5-BHT and operated by Drukair Helicopter Services, has been released by the Air Accident Investigation Unit of the Ministry of Infrastructure and Transport. The incident, which occurred at Wachey-Lunana in Gasa, Bhutan, …

…𝑻𝒉𝒊𝒏𝒍𝒆𝒚 𝒉𝒂𝒔 𝒏𝒐𝒕 𝒗𝒆𝒏𝒕𝒖𝒓𝒆𝒅 𝒊𝒏𝒕𝒐 𝒎𝒐𝒃𝒊𝒍𝒆 𝒃𝒂𝒏𝒌𝒊𝒏𝒈 𝒅𝒖𝒆 𝒕𝒐 𝒉𝒆𝒓 𝒖𝒏𝒇𝒂𝒎𝒊𝒍𝒊𝒂𝒓𝒊𝒕𝒚 𝒘𝒊𝒕𝒉 𝒔𝒊𝒈𝒏𝒂𝒕𝒖𝒓𝒆𝒔, 𝒓𝒆𝒍𝒚𝒊𝒏𝒈 𝒊𝒏𝒔𝒕𝒆𝒂𝒅 𝒐𝒏 𝒕𝒉𝒖𝒎𝒃 𝒊𝒎𝒑𝒓𝒆𝒔𝒔𝒊𝒐𝒏𝒔, 𝒘𝒉𝒊𝒄𝒉 𝒖𝒏𝒇𝒐𝒓𝒕𝒖𝒏𝒂𝒕𝒆𝒍𝒚 𝒍𝒊𝒎𝒊𝒕𝒔 𝒉𝒆𝒓 𝒂𝒄𝒄𝒆𝒔𝒔 𝒕𝒐 𝒎𝒐𝒃𝒊𝒍𝒆 𝒃𝒂𝒏𝒌𝒊𝒏𝒈 𝒔𝒆𝒓𝒗𝒊𝒄𝒆𝒔 Tshering Dorji In an era marked by technological advancements, the landscape of financial services has undergone a remarkable transformation, bringing unprecedented convenience and accessibility to individuals worldwide. From the introduction of ATMs and …

…𝒉𝒂𝒊𝒍𝒊𝒏𝒈 𝒇𝒓𝒐𝒎 𝑻𝒔𝒉𝒂𝒄𝒉𝒖, 𝑮𝒖𝒓𝒖𝒏𝒈 𝒆𝒎𝒃𝒂𝒓𝒌𝒔 𝒐𝒏 𝒈𝒓𝒐𝒖𝒏𝒅𝒃𝒓𝒆𝒂𝒌𝒊𝒏𝒈 𝒆𝒇𝒇𝒐𝒓𝒕, 𝒄𝒖𝒍𝒕𝒊𝒗𝒂𝒕𝒊𝒏𝒈 𝒓𝒖𝒃𝒃𝒆𝒓 𝒑𝒍𝒂𝒏𝒕𝒔 𝒂𝒏𝒅 𝒅𝒓𝒂𝒘𝒊𝒏𝒈 𝒊𝒏𝒔𝒑𝒊𝒓𝒂𝒕𝒊𝒐𝒏 𝒇𝒓𝒐𝒎 𝒉𝒊𝒔 𝒓𝒊𝒗𝒆𝒓-𝒄𝒓𝒂𝒅𝒍𝒆𝒅 𝒃𝒊𝒓𝒕𝒉𝒑𝒍𝒂𝒄𝒆 𝒇𝒐𝒓 𝒆𝒄𝒐-𝒇𝒓𝒊𝒆𝒏𝒅𝒍𝒚 𝒊𝒏𝒇𝒓𝒂𝒔𝒕𝒓𝒖𝒄𝒕𝒖𝒓𝒆 Sonam Deki At 54 years old, Deepak Gurung, a proud resident of Tshachu (Hot Spring) in Gelephu, is fueled by a profound aspiration to bring to fruition the construction of a living root bridge within the picturesque surroundings of …

In the intricate landscape of Bhutan’s recent fiscal report, a tapestry of economic triumphs and tribulations comes to the forefront. The oscillation between expansion and contraction in the negative trade balance delineates a narrative where progress coexists with persistent challenges. Despite a commendable contraction, a deficit of Nu 60,910.6 million lingers, and the Current Account Deficit (CAD) at Nu 81,677.2 …

… 𝑫𝒓𝒖𝒈 𝒂𝒃𝒖𝒔𝒆 𝒔𝒖𝒓𝒈𝒆𝒔, 𝒘𝒉𝒊𝒍𝒆 𝒃𝒂𝒕𝒕𝒆𝒓𝒚 𝒂𝒏𝒅 𝒃𝒖𝒓𝒈𝒍𝒂𝒓𝒚 𝒄𝒂𝒔𝒆𝒔 𝒅𝒆𝒄𝒍𝒊𝒏𝒆 Susmika Subba The crime statistics of 2023 reveal a discernible uptick in specific offenses. Although Bhutan maintains relatively low overall crime rates, the data highlights shifts in criminal activity across various categories. Notably, drug abuse, battery, larceny, and burglary stand out as the most reported incidents. According to an RBP …