Over Rs 14 billion added in sovereign debt in first month of current FY
Summary
Nepal's government public debt increased by over Rs 14 billion in the first month of the fiscal year 2082/83 (2024-25), reaching Rs 2.68 trillion, accounting for 43.94 percent of GDP.
Key Points
- Nepal's public debt rose by Rs 14 billion in the first month of fiscal year 2082/83 (2024-25).
- Total public debt reached Rs 2 trillion 683 billion 600 million, equaling 43.94 percent of the GDP.
- Foreign debt accounts for 52.26 percent and domestic debt 47.74 percent of total public debt.
- By mid-August, the government raised Rs 44.57 billion of its Rs 595 billion public debt mobilization target for the year.
