MFIs have higher interest rates than FIs

MFIs determine their own interest rates Some of the micro-finance institutions (MFIs) in the country have very high interest rates compared to financial institutions. For example, Respect Educate Nurture and Empower Women (RENEW) charges interest rates from 18% to 24% while Bhutan Association of women Entrepreneurs (BAOWE) charges about 10% and Tarayana Foundation about 7%. […]

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APAs: Learning accountability

What started as mid-term review by the first democratically elected government has given way to the annual performance agreement (APA), which was initiated by the previous government. Currently, the government has been signing almost one APA after another, including most recently with the Thromde and the information and communications ministry. The APA has a cascading […]

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