BHUTAN TODAY The New Perspective

By Ngawang Jamphel In response to escalating demand for banking credit and economic activities, the Royal Monetary Authority (RMA) has implemented a series of strategic interventions to maintain liquidity in the banking sector. While facing complexities of a pegged exchange rate with the Indian Rupee and Bhutan’s import- driven economy, the RMA remains committed to achieving and sustaining price stability. …

…𝒇𝒐𝒐𝒅 𝒑𝒓𝒊𝒄𝒆𝒔 𝒑𝒓𝒐𝒑𝒆𝒍 𝒕𝒉𝒆 𝒐𝒗𝒆𝒓𝒂𝒍𝒍 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆, 𝒘𝒉𝒊𝒍𝒆 𝒄𝒆𝒓𝒕𝒂𝒊𝒏 𝒔𝒆𝒄𝒕𝒐𝒓𝒔 𝒃𝒖𝒄𝒌 𝒕𝒉𝒆 𝒕𝒓𝒆𝒏𝒅, 𝒂𝒏𝒅 𝒕𝒉𝒆 𝒑𝒖𝒓𝒄𝒉𝒂𝒔𝒊𝒏𝒈 𝒑𝒐𝒘𝒆𝒓 𝒉𝒂𝒔 𝒅𝒆𝒄𝒓𝒆𝒂𝒔𝒆𝒅 𝒃𝒚 4.75 𝒑𝒆𝒓𝒄𝒆𝒏𝒕 𝒅𝒖𝒆 𝒕𝒐 𝒑𝒓𝒊𝒄𝒆 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆𝒔 𝒊𝒏 𝒕𝒉𝒆 𝒆𝒄𝒐𝒏𝒐𝒎𝒚 By Susmika Subba In December 2023, Bhutan’s Consumer Price Index (CPI) reported a noteworthy year-on-year increase of 4.99 percent, indicative of a measured uptick in the cost of living from the preceding …

The release of Transparency International’s 2023 Corruption Perceptions Index (CPI) has brought attention to the global landscape of corruption, with Denmark leading for the sixth consecutive year. Bhutan, maintaining a commendable score of 68 and securing the 26th position among 180 countries, has experienced a slight drop in its ranking. This opinion critically examines key findings, assesses Bhutan’s situation, and …

…𝒇𝒓𝒐𝒎 𝒓𝒐𝒚𝒂𝒍 𝒉𝒐𝒏𝒐𝒓𝒔 𝒕𝒐 𝒓𝒆𝒍𝒊𝒈𝒊𝒐𝒖𝒔 𝒓𝒆𝒗𝒆𝒓𝒆𝒏𝒄𝒆, 𝒓𝒆𝒔𝒑𝒐𝒏𝒔𝒊𝒃𝒍𝒆 𝒅𝒊𝒔𝒑𝒐𝒔𝒂𝒍 𝒂𝒏𝒅 𝒔𝒖𝒔𝒕𝒂𝒊𝒏𝒂𝒃𝒍𝒆 𝒑𝒓𝒂𝒄𝒕𝒊𝒄𝒆𝒔 𝒊𝒏 𝒂 𝒎𝒐𝒅𝒆𝒓𝒏𝒊𝒛𝒊𝒏𝒈 𝒔𝒐𝒄𝒊𝒆𝒕𝒚 By Ngawang Jamphel The yearly ritual unfolds as tens of thousands of calendars, adorned with Royal and religious portraits, are printed. As the pages of time turn and these calendars fulfill their primary function of marking dates, it prompts a reflection on the destiny of …

…𝒘𝒊𝒕𝒉 𝒕𝒉𝒆 𝑭𝒆𝒃𝒓𝒖𝒂𝒓𝒚 15 𝒅𝒆𝒂𝒅𝒍𝒊𝒏𝒆 𝒂𝒑𝒑𝒓𝒐𝒂𝒄𝒉𝒊𝒏𝒈, 𝑩𝒉𝒖𝒕𝒂𝒏’𝒔 𝑵𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝑺𝒆𝒓𝒗𝒊𝒄𝒆 𝑷𝒓𝒐𝒈𝒓𝒂𝒎 𝒂𝒊𝒎𝒔 𝒕𝒐 𝒆𝒎𝒑𝒐𝒘𝒆𝒓 𝒚𝒐𝒖𝒕𝒉𝒔 𝒇𝒐𝒓 𝒏𝒂𝒕𝒊𝒐𝒏-𝒃𝒖𝒊𝒍𝒅𝒊𝒏𝒈 𝒂𝒎𝒊𝒅 𝒂 𝒓𝒖𝒔𝒉 𝒕𝒐 𝒄𝒐𝒎𝒑𝒍𝒆𝒕𝒆 𝒓𝒆𝒈𝒊𝒔𝒕𝒓𝒂𝒕𝒊𝒐𝒏𝒔 By Sonam DekiGyalsung, which translates to “service to the nation,” is designed to tap into the latent potential of Bhutanese youth, enabling them to contribute meaningfully to the Tsawa-Sum- the King, Country, and People. By engaging in this …