Nepal's Outstanding Public Debt Surpasses NPR 28.58 Trillion Mark by Mid-January
Summary
Nepal's outstanding government debt reached NPR 28.58 trillion by mid-January, representing 46.81% of its GDP, with domestic debt at NPR 13.49 trillion and external debt at NPR 15.09 trillion.
Key Points
- Nepal's outstanding public debt reached NPR 28.58 trillion by the end of Magh, up from NPR 26.74 trillion at the fiscal year's start.
- The total debt constitutes 46.81% of Nepal's Gross Domestic Product (GDP).
- Domestic debt stands at NPR 13.49 trillion, while external debt is NPR 15.09 trillion.
- The government has mobilized 42.89% of its targeted NPR 595 billion public debt for the current fiscal year by the end of Magh.
