AGP Executive Report
Last update: 11 hours agoHighland Dairy: A new Dagala initiative will build a Nu 6 million solar-powered milk-processing facility, helping herders expand cheese production; pilot sales reportedly doubled incomes. Economic Outlook: The IMF projects Bhutan’s GDP growth at 7% in 2026, but inflation is forecast to rise to 5.6% and the current-account deficit to 16.3% of GDP. Private Sector: BCCI has set a Nu 38.59 million workplan for 2026–27, with trade fairs its biggest priority, but Nu 4.43 million remains unfunded. Energy: Electricity supply rose 32.8% in 2025, yet petrol imports climbed 38.7% and diesel imports 27.5%; industrial electricity use also increased, underscoring the challenge of reducing fuel dependence. Business Finance: The government plans to review banks’ loan margins to ease borrowing costs for SMEs; the average lending rate was 9.38% in December 2025. Development Funding: India handed over Nu 2.90 billion for Bhutan’s 13th Five-Year Plan, including support for agriculture, infrastructure, skills and renewable energy. Farmers’ Markets: Cordyceps collectors withdrew 227.15 kilograms from this year’s auction after rejecting bids, leaving just 73.02 kilograms sold.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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