Over Rs 14 billion added in sovereign debt in Saun month of current Fiscal Year
Summary
Nepal's government added over Rs 14 billion in sovereign debt in the first month of fiscal year 2082/83 BS, bringing total public debt to Rs 2.68 trillion, accounting for 43.94% of GDP.
Key Points
- In the first month of fiscal year 2082/83 BS (2024-25), Nepal's government added more than Rs 14 billion in public debt.
- Total public debt reached Rs 2 trillion 683 billion 600 million, accounting for 43.94 percent of GDP.
- Foreign debt constitutes 52.26% of the total public debt, while domestic debt is 47.74%.
- By mid-August, the government mobilized Rs 44.57 billion in loans, which is 7.48% of the annual public debt target.
