Nepal's Public Debt Rises to NPR 2.87 Trillion by Mid-Fiscal Year
Summary
Nepal's total public debt has risen to NPR 2.878 trillion by the end of Falgun in fiscal year 2082/83, with external debt constituting over half of the total and significant debt repayment underway.
Key Points
- Nepal's total public debt increased from NPR 2.674 trillion to NPR 2.878 trillion by the end of Falgun in fiscal year 2082/83.
- External debt accounts for 53.16 percent of the total public debt, while domestic debt accounts for 46.84 percent.
- The government has mobilized 50.44 percent of its annual public debt target by raising NPR 295.19 billion so far.
- A total of NPR 242.26 billion has been paid towards principal and interest repayment, representing 58.94 percent of the allocated budget for debt servicing.
