Kathmandu: On May 26, Nepal’s economic affairs minister Loknath Sharma told that rising fuel import costs and global grain scarcity led to a spike in domestic prices, posing a risk of food scarcity for people in Bhutan. “Scarcity of food commodities could fuel inflation higher,” Sharma told, adding the government was worried about the impact of export restrictions on grains by some countries, though he did not name them.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

US to accept 100,000 Ukrainian refugees

Washington: On March 24, the Biden administration said that the United States…

Türkiye’s twin quakes not a common phenomenon: Geophysicist

Part of what is remarkable about Monday’s earthquake 7.7 magnitude earthquake is…

Blinken to address U.S. national security strategy related to China

Washington: Secretary of State Antony Blinken said on Tuesday that he would…

Heavy casualties as ferry caught fire

Dhaka: On Dec 24, At least 37 people succumbed to death when…