The country’s foreign currency reserve position which, according to one estimate, is short by around USD 20M, has elicited differing views, with some saying the economy is stuck in a rut, and others contending there is still room to use it.
Bhutan’s Economy Not in a Worst Case Scenario
11th Plan Bigger Than 10th Plan in Absolute Size
The 11th Plan may be smaller in terms of “investment programmes” but in “absolute size,” it would be bigger than the 10th Plan, Gross National Happiness Commission Secretary Karma Tshiteem said.
No Network, No Cash
A week since the incident, Dorji, a 35-year-old local contractor at Jomotshangkha, is still snappish about the Bhutan Development Bank services.
Rupee is a Foreign Currency
Following a gap of several months, discussions on the issue of Rupee crunch have resurfaced.
Business houses, other commercial entities and financial institutions yesterday met in Thimphu to discuss issues they were facing ever since the Rupee crunch issue that shows no signs of looking up whatsoever.