Nepal’s Public Debt Rises Past Rs 2.87 Trillion in Eight Months
Nepal’s total public debt has increased sharply in the first eight months of the current fiscal year. According to the Public Debt Management Office, the country’s debt has now reached Rs 2,878.29 billion by mid-March.
At the start of the fiscal year 2082/83 (mid-July), the total debt stood at Rs 2,674.04 billion. This means the government has added over Rs 204 billion in a short period.
Total Debt Breakdown
Nepal’s public debt includes both domestic and external borrowing.
Domestic Debt: Rs 1,348.11 billion
External Debt: Rs 1,530.18 billion
Key Insight:
External debt makes up 53.16% of total debt
Domestic debt accounts for 46.84%
This shows that Nepal currently depends more on foreign borrowing than internal sources.
Debt Compared to GDP
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