Nepal's Public Debt Surges by Over 250 Billion in First Nine Months of Fiscal Year 2082/83
Summary
Nepal's public debt surged by over 250 billion rupees in the first nine months of fiscal year 2082/83, reaching nearly half of the country's GDP at 48.04 percent.
Key Points
- Nepal's public debt increased by more than 250 billion rupees in the first nine months of fiscal year 2082/83.
- Total public debt reached 2.933 trillion 790 million rupees by the end of Chaitra.
- External debt constitutes 52.69% of the total public debt, surpassing internal debt.
- The government spent 258 billion 440 million rupees on principal and interest payments during this period.