Public debt up Rs 14 billion as FY 2082/83 begins
Summary
Nepal's public debt increased by over Rs 14 billion in the first month of fiscal year 2082/83, reaching Rs 2.684 trillion, which is 43.94% of GDP.
Key Points
- Nepal's public debt rose by over Rs 14 billion in the first month of fiscal year 2082/83 (2024/25).
- Total sovereign debt stood at Rs 2.684 trillion by mid-August, equivalent to 43.94% of GDP.
- External debt accounts for 52.26% (Rs 1.42 trillion) and domestic debt 47.74% of total debt.
- Rs 36.68 billion has been spent on interest payments out of Rs 411 billion allocated for debt servicing this fiscal year.
