Revenue deficit & public sector monopoly, major economic challenges: WB

In the short to medium term, large macroeconomics imbalances which translate into twin deficit- a large fiscal gap and a large current account deficit, and public sector being preferred employer are two major government economic challenges, according to the Public Financial Management Performances Report by World Bank. Bhutan’s large current account deficit stands at about […]

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Access to finance, market and skilled labor; bottlenecks to investment climate

The 2017 Investment Climate Assessment by World Bank revealed Access to finance, market and skilled workforce are the major factors affecting the investment climate in the country, according to a new World Bank study released yesterday. The 2017 Investment Climate Assessment (ICA), which surveyed 13,000 Bhutanese firms, reveals that reforms that encourage Bhutanese firms to […]

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