Public debt exceeds Rs. 3 T, stands at 45.59% of GDP
Summary
Nepal’s public debt has crossed Rs. 3 trillion, reaching 45.59% of GDP by the end of the first quarter of fiscal year 2026/27. The government spent Rs. 98.87 billion on debt servicing and has mobilized 18.73% of its annual public debt target so far.
Key Points
- Nepal’s total public debt reached Rs. 3,009.11 billion by the end of the first quarter of fiscal year 2026/27.
- The debt-to-GDP ratio has risen to 45.59%, with external debt at 24.22% of GDP and domestic debt at 21.37%.
- The government spent Rs. 98.87 billion on debt servicing in the first quarter, equal to 23.66% of the annual allocation.
- Public debt mobilization reached Rs. 123.32 billion, or 18.73% of the annual borrowing target.
