Nepal's public debt for the first time reached 30 trillion, 45.59 percent of GDP!
Kathmandu. The total public debt of Nepal has exceeded 30 trillion rupees for the first time. According to the Public Debt Management Office, the total public debt of the government has reached Rs. This is 45.59 percent of GDP.
By the end of June of the last financial year 2082-83, the public debt of the government was 29 trillion 81 billion 70 million 28 lakh rupees. Since then, in three months, the government has received a new loan worth Rs. During this period, 77 billion 74 crore 78 lakh rupees have been spent on repayment of old debt.
According to the office, due to the change in the foreign exchange rate during this period, the foreign debt liability decreased by 18 billion 164 million rupees. When adjusting the effect of new loans, repayment of principal and exchange rate, it appears that the public debt has increased by 27 billion 41 crore 38 lakh rupees compared to the end of June.
Out of the total public debt, the share of foreign debt is 53.13 percent and the share of domestic debt is 46.87 percent. In proportion to GDP, domestic debt is 21.37 percent and foreign debt is 24.22 percent. This shows that the share of external sources in Nepal's public debt is still high.
Express
Related News
Rumors of LP gas shortage are baseless: Managing Director Bhatt
Kathmandu. Chandika Prasad Bhatt, Managing Director of Nepal Oil Corporation, has said that the rumor of LP gas shortage is baseless. He posted on social media on Facebook on Wednesday not to believe the rumors that there is a shortage of LP gas i...
Export of 1015 MW electricity to India to meet domestic demand on Lakshmi Puja
Kathmandu. Tihar is considered as a festival of lights, light and flowers. The speciality and originality of this festival is celebrating Diwali at home and lighting lamps, lighting the house and decorating it with flowers. Diwali and lights are c...
Re-operation after five months at Satighat of Arun river
Bhojpur. The Arun river ferry service at Satighat, which connects Bhojpur and Sankhuwasabha from the north, has resumed operation after six months. The ferry, which has been closed since last May due to rain, has been brought back into operation f...
Genji Movement: Payment of over five billion claims for physical and other damages
Kathmandu. Out of the insurance claims for physical and other damages during the Zenji movement, Rs. 5.18 billion has been paid to the insured so far. The Nepal Insurance Authority issued a press release today and said that out of a total of 3,303...
What is the exchange rate of which foreign currency on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate for today, the buying rate of one US dollar is 142 rupees 54 paisa and the selling rate is 143 rupees 14 paisa.
More than 5.44 billion turnover in NEPSE, green in most sub-indices
Kathmandu. NEPSE has seen a double digit growth today. On Thursday, NEPSE increased by 11.77 points and stopped at 2629.81 points. Today, 1 crore 72 lakh 70 thousand 449 shares of 356 companies were traded at 5 billion 44 crore 73 lakh 13 thousand...



