Nepal's Public Debt Reaches 47.13% of GDP by End of Falgun, Data Shows
Summary
Nepal's total public debt reached NPR 2.878 trillion, accounting for 47.13% of GDP by the end of Falgun, with foreign debt making up 53.16% of the total.
Key Points
- Nepal's total public debt liability increased from NPR 2.674 trillion to NPR 2.878 trillion by the end of Falgun.
- The debt-to-GDP ratio stands at 47.13 percent as of the end of Falgun.
- Foreign debt constitutes 53.16 percent, and domestic debt 46.84 percent of the total public debt.
- NPR 242.26 billion has been paid as debt service expenditure by the end of Falgun, which is 58.94 percent of the annual budget allocation.
