BUSINESS

NC concludes deliberations on Financial Services Amendment Bill

The National Council concluded its deliberations on the Financial Services (Amendment) Bill 2025 on 4th June, paving the way for all insurance companies to provide both life and general insurance services. Representing the government, Finance Minister Lekey Dorji stated that the Financial Services (Amendment) Act of Bhutan primarily serves to …

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NA adopts ICAO amendments, citing benefits for Bhutan

The National Assembly on 2nd June 2026 unanimously adopted the Convention on International Civil Aviation (Amendment) 2016, endorsing changes that expand representation in two of the International Civil Aviation Organization’s (ICAO) key governing bodies, strengthening Bhutan’s prospects for greater participation in global aviation decision-making. All 42 members present and voting …

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Migration as a Climate Adaptation Strategy in Bhutan?

Bhutanese society has always been mobile, with people moving, for shorter and longer periods, for trade and livelihoods, pastoralism, pilgrimage, and other reasons. However, what is different today is the growing influence of climate change on migration decisions. Yet, our academic and policy approaches have yet to fully acknowledge this …

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Budget FY 2026–27 Appropriation at Nu. 153.3 bn

Reserves at USD 1.121 bn The total estimated appropriation for FY 2026-27 amounts to Nu 153.296 billion (bn) distributed across recurrent expenditure (41.1 percent), capital expenditure (47.3 percent), lending (0.7 percent), and repayment (10.9 percent). With overall resources projected at Nu 110.280 bn, the fiscal deficit stands at 6.5 percent …

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