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Your email address will not be published.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

Moscow court arrests WSJ reporter

It emerged that a Moscow court formally arrested Evan Gershkovich, a US…

Washington, Baghdad discuss ‘reckless’ Erbil strikes

US National Security Adviser Jake Sullivan spoke to Iraqi Prime Minister Mohammed…

Palestinian UN envoy calls for rebuke of Gaza aid deaths

The Palestinian ambassador to the UN has called on the Security Council…

G7 vows ‘severe costs’ for those helping Russia

G7 foreign ministers warned on Tuesday that those helping Russia wage war…