Showing posts with label Bhutan's affair. Show all posts
Showing posts with label Bhutan's affair. Show all posts

Bhutan with 166.2 billion debt. Is Bhutan in dangerzone?

Bhutanese are very concerned of the debt nu 166.2 million that PDP has made this year making Bhutan the worst country in terms of debt management as compared to the SAARC country.

Is Bhutan in serious problem? Lets find it out now.
if you are still reading, keep going.


In total we have nu 166.2 billion debt (112.87 debt as % of GDP) in which 
hydro power debt is NU 129.9 billion and 
Non-hydro power debt NU 36.3 billion.

The government has diverted most of the loans to the hydro power projects for the construction Mangdechu, Punatsangchu, Kholongchu and Nikkachu.

At Punatsangchu, government is carrying out two hydro power project named Punatsangchu1 and Punatsangchu2.
Mangdechu, Punatsangchu and Kholongchu hydropoer projects are way to completion and once they are commisioned, it can bring about NU 40 billion revenue per year.

The government has also paid alomost most of the rupee loan that was taken dor the short term consumption. 

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A high school student from MHSS punched his Teacher at menlam chenmo

I was sitting and chanting my prayers suddenly most of the people who was sitting in front of me were looking back and when i looked back a student with a baseball bet size stick with him was standing and was picking fight and he was saying ''I will beat him" don know with whom he wanted to fight but he was drunk . The whole crowd went loud and staring at him.

He was called by the vice principle and he was slapped  once for his riot behavior in public. Not only he was drunk but also he was drunk with his ego that made him punched back to the vice principle. The student  ran away after he punched the vice principle and broke his glasses. Vice principle called the cops and he was taken to where he should belong. Jial.