News Snapshot:
August 2, 2022 NEW DELHI – After the economic crisis of Sri Lanka, Pakistan’s name has been doing the rounds in the list f troubled economies. However, the latest entry in the list of economies facing acute crisis, is that of Bhutan. The import of non-essential goods could be discouraged and even restricted to control the widening trade deficit and protect the depleting foreign currency reserve. Finance Minister Namgay Tshering has said the value of imports during the first six months of 2022 had exceeded that of the total imports of 2021. “Imports increased due to the normalisation of covid-19...
