AGP Executive Report
Last update: 10 hours agoCommunity Infrastructure: India-backed projects worth noting were inaugurated in Mongar, including 65 km of roads, 10 km of irrigation canals and two bridges, with improved market access and services among the expected benefits. Economic Support: The ADB approved $17.42 million to help Bhutan shield vulnerable households and sustain public services as imported food and fuel costs rise; the funding supports a wider $267.88 million anti-crisis plan. Border Trade: Gelephu’s new biometric terminal aims to speed up crossings for eligible Bhutanese and Indian travellers as the gateway grows in importance. Business: BFAL returned to profit, reporting Nu 58.23 million in first-half earnings. Energy Investment: Voith Hydro won a contract for Bhutan’s 90MW Jomori hydropower project. Economic Outlook: Growth prospects remain strong, but rising inflation and a widening external deficit point to mounting pressure.
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