Solar Investment: ADB approved a US$160 million loan to scale up Bhutan’s solar power, adding at least 310 MW via three solar farms in Bumthang and Lhuentse, with Bhutan Power Corporation building 46 km of transmission to link them to the national grid—also set to attract private investment through the country’s first private-majority energy PPP. Economic Outlook: ADB revised Bhutan’s 2026 growth forecast down to 6.5% from 6.9%, citing global energy price pressure and supply chain disruptions that are raising fuel and transport costs and slowing private construction. Climate Risk: NCHM says El Niño conditions are strengthening, with an 85% chance of a “Super El Niño” peaking post-monsoon; the Super El Niño preparedness committee reviewed agriculture, water security, stockpiles, forest fire readiness, and GLOF evacuation drills. Food Affordability: CCAA reports Bhutan has the highest retail egg prices in South Asia, averaging about Nu 18 per egg, with prices rising from May to June and calling for a more competitive import framework plus support for domestic poultry. Trade & Industry Policy: Bhutan resumed WTO accession talks after 18 years, holding a Working Party meeting in Geneva and pointing to reforms in trade/investment rules and institutions. Mining Revenue: DGM revised minimum floor prices for mineral exports (effective July 4) to strengthen royalty collection and reduce undervaluation. Transport Costs: Bhutan Taxi Association submitted a request to revise taxi fares to Cabinet via BCTA, blaming repeated fuel price hikes for squeezed earnings. Energy Projects On Track: Khorlochhu Hydropower Project awarded electro- and hydro-mechanical contracts, reaching 13.62% physical progress and keeping the hard cost at about Nu 57 bn. Local Livelihoods: Tailors in Thimphu say rising costs and a skilled labour shortage, plus inconsistent customer demand and competition from ready-made clothing, are making it hard to stay afloat.