Public debt rises to Rs 2.88 trillion
Summary
Nepal's public debt has risen to Rs 2,878.29 billion in the first eight months of the fiscal year, with external debt comprising 53.16% and total debt reaching 47.13% of GDP.
Key Points
- Nepal's total public debt increased by more than Rs 204 billion in the first eight months of the fiscal year to Rs 2,878.29 billion.
- External debt accounts for 53.16% of total public debt, while domestic debt makes up 46.84%.
- Total public debt stands at 47.13% of Nepal’s GDP.
- The government has mobilized 50.44% of its Rs 559 billion public debt target by mid-March and allocated Rs 411 billion for debt repayment this fiscal year.
