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
This week, NEPSE has decreased by normal numbers, how much is the transaction on which day?
Kathmandu. This week, NEPSE index decreased by 0.56 points and reached 2714.05 points. NEPSE, which closed at 2714.61 points last week, decreased by 73.18 points to 2714.05 points this week. The market was open for five trading days this week. In...
The US dollar rose as the Australian dollar, euro and pound continued to fall in value
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for today. Foreign currencies including the US dollar, Kuwaiti and Bahraini dinars rose today. However, the exchange rate of some foreign currencies, including the...
As the price of gold and silver continues to rise, how much has it reached per tola today?
Kathmandu. The price of gold has increased in the Nepali market on Sunday. According to the Federation of Nepal Gold and Silver Dealers, compared to Friday, the price of gold tola has increased by 2800 rupees and has remained at 270 thousand 60...
Double-digit decline in the stock market, turnover also decreased
Kathmandu. There was a double-digit decline in the stock market on Thursday. On this day, the NEPSE index decreased by 19.67 points and stood at 2601.92 points. As the NEPSE index fell, the turnover also decreased compared to Wednesday. On the pre...
149 countries are open for Nepali workers, labor contracts are limited to 13
Kathmandu. Although the government has opened up 149 countries for Nepali workers, it has signed bilateral labor agreements with only 13 countries so far. With the signing of a labor agreement between Nepal and Saudi Arabia on January 11, the numb...
Modi Energy has received preliminary approval for the issue of rights shares from the Electricity Regulatory Commission
Kathmandu. Modi Energy Limited has received prior approval from the Electricity Regulatory Commission to issue rights shares. The company had submitted an application to the Electricity Regulatory Commission seeking prior approval for the issue of...



