Public Finance: Bhutan’s public debt has reached 90.6% of GDP, with total public debt at Nu 306.3 billion and external debt at Nu 285.2 billion as of 31 March 2026, prompting National Assembly concerns over foreign exchange risks and the currency exposure of non-hydropower borrowing. Tax Relief: The National Assembly endorsed expanded GST exemptions on essential goods, with the GST (Amendment) Bill 2026 increasing exempt items from 9 to 31, including more rice varieties, edible oils, butter, hygiene products, and GST-free motorised wheelchairs for persons with disabilities. Energy Outlook: Bhutan is targeting 25,000 MW by 2040—20,000 MW from hydropower and 5,000 MW from solar—while projects like the 404 MW Nyera Amari I and II move through planning stages. Local Infrastructure: Government says it will keep monitoring the Phuentshogling bypass after repeated rain-related road disruptions from landslides and debris. Jobs and Youth: A shift is underway as more Bhutanese youths look beyond government jobs, even as youth unemployment remains high. Economy Watch: Bhutan’s GDP grew by nearly 6% in the first quarter of 2026, driven by industry and electricity, while services slowed and agriculture contracted. Agriculture Support: National Council MPs urged higher subsidies for the Crop and Livestock Insurance Scheme, citing low uptake and affordability barriers. Education: MoESD signed with Singapore’s EtonHouse to set up Bhutan’s first international school, opening in August.