World
Trending
The economic situation of Bhutan has become very complicated
Foreign exchange reserves have fallen to record lows.
New Delhi: After Sri Lanka and Pakistan, the economic situation of India’s neighbouring country Bhutan has become very complicated. Foreign exchange reserves have fallen to record lows. As a result, the Bhutanese government has banned the import of all types of vehicles except utility vehicles, heavy earthmoving machines and agricultural equipment.
The total population of this country between India and China is about 8 lakhs. However, due to the Russia-Ukraine war, the prices of crude oil and food products have increased in the international market. Along with this, the country has imposed restrictions on the arrival of foreign tourists for the last two years, moving towards a zero-covid policy. Due to this, it is difficult to get foreign currency to the country. As of April last year, Bhutan’s foreign exchange reserves stood at US$1.46 billion. But by December, it had reduced to 970 million US dollars. This is according to a report published by the Royal Monetary Authority of Bhutan last month.
In view of this, the Ministry of Finance of the country has issued a notification of restrictions on the import of vehicles. Along with this, the lanes to be used for the promotion of tourism will also be kept free from restrictions.
Such measures have been taken in view of ensuring that sufficient funds remain in the country’s treasury to maintain stability in the Bhutanese economy. According to a report published in a local newspaper, in the first six months of 2022, Bhutan has imported more than 8,000 vehicles. This has been cited as a major reason for the decline in foreign exchange reserves. Bhutan’s constitution requires the country to hold foreign currency to cover at least 12 months of imports.
Lenovo Ideapad S145 AMD A6-9225 15.6" (39.62cms) HD Thin and Light Laptop (4GB/1TB/Windows 10/Grey/1.85Kg), 81N30063IN
Now retrieving the price.
(as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Johnson's Baby Wet Wipes | Alcohol & Soap Free | Prevents Rashes & Redness | 72s Pack
₹190.99 (as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Little One's 7 Shelves Baby Foldable Wardrobe | Aquatic Blue (Made In India) - Fabric
₹1,079.00 (as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Sebamed Baby Body Lotion 400 ml|Ph 5.5|Camomile & Allantoin| Dermatalogically tested| Sensitive skin
₹1,224.00 (as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Portronics Toad One Bluetooth Mouse with 2.4 GHz & BT 5.3 Dual Wireless, 6 Buttons, Rechargeable, RGB Lights, Connect 3 Devices, Ergonomic Design for Laptop, Smartphone, Tablet (White)
₹649.00 (as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Aroma Magic Neem And Tea Tree Face Wash (PWRD by Niacinamide) - 100 ml
₹171.00 (as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Maybelline New York Liquid Foundation, Matte & Poreless, Full Coverage Blendable Normal to Oily Skin, Fit Me, 115 Ivory, 18ml
₹180.00 (as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Lenovo Ideapad S145 81W800E9IN 15.6 inches FHD Thin and Light Laptop (Intel 10th Gen i5-1035G1/8GB/512GB SSD/Windows 10/Microsoft Office 2019/Integrated Graphics), Grey, 1.85kg
Now retrieving the price.
(as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Oneplus Bullets Z2 Bluetooth Wireless in Ear Earphones with Mic, Bombastic Bass - 12.4 mm Drivers, 10 Mins Charge - 20 Hrs Music, 30 Hrs Battery Life, IP55 Dust and Water Resistant (Magico Black)
₹1,799.00 (as of November 11, 2024 20:21 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Nermosa Women Cotton Block Printed Kurta Pant With Dupatta
₹699.00 (as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
EatSure E-Gift Voucher - Flat 10% off - Redeemable On App
₹1,000.00 (as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Camlin Kokuyo Brush Pens, 24 Shades (Multicolor) & Camel Kokuyo Student Water Color Tube - 5Ml Each, 12 Shades
₹370.00 (as of November 11, 2024 20:21 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Amazon Pay Gift Card - Happy Birthday Greeting Card By Alicia Souza
₹3,000.00 (as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
TEC TAVAKKAL Rechargable RC Monster Truck Remote Control Car for Kids Rock Crawler, 5 Function 1:18 Rc Car Toys for Boys 2Wd Offroad High Speed Remote Car Toys for Kids 5 Years 16 Black
Now retrieving the price.
(as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Classic Mosquito Net for Double Bed | King Size Foldable Machardani with 30 Pair of Stars | Polyester 30GSM Strong Net | PVC Coated Corrosion Resistant Steel Wire - Blue
₹999.00 (as of November 11, 2024 20:20 GMT +05:30 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
