November 20, 2024 11:14 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
G20 Summit: Narendra Modi, Macron discuss ways to advance India-France Strategic Partnership during meeting in Brazil | MeToo case: SC grants anticipatory bail to Malayalam actor Siddique noting 'complainant posted on Facebook but not reached Hema Committee' | Tirumala trust asks non-Hindu staffers to retire or opt for transfer | Manipur unrest: Civil society sets 24-hr deadline for BJP MLAs to take 'decisive action' | Delhi chokes as air quality remains in 'severe plus' category amid curb on several daily activities
Bhutan issues first sovereign bond to meet increasing fiscal financing needs in fighting COVID-19

Bhutan issues first sovereign bond to meet increasing fiscal financing needs in fighting COVID-19

Thimphu:: The Royal Government of Bhutan has announced its first sovereign bond to support the economy in recovery from the COVID-19 pandemic while diversifying financial sources. The new financing instrument supported by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) is a monumental step in tapping into the domestic resources market and preparing Bhutan to enter the international capital market.